Category Archives: Waterfront Market Watch

Cornelius Waterfront Real Estate Market Update August 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for August 2017

Cornelius Waterfront Homes
In August 2017 9 Cornelius waterfront homes sold, an 18.2% decrease from the 11 Cornelius waterfront homes sold in July 2017. August 2017 waterfront sales figures decreased 35.7% from August 2016 when 14 Cornelius waterfront homes sold.

The average sales price increased 4.8% from $1,160,295 in July to $1,216,300 in August. The August 2017 average sales price decreased 17.7% from the August 2016 average sales price which was $1,477,357.

Average days on the market increased from 39 in July to 119 in August, a 205% increase in market time. The August 2016 average days on the market were 161, a 26.1% decrease in market time.

Currently there are 70 active Cornelius waterfront homes listed in the MLS, up 2.9% from August, with 9 more under contract, down 43.8% from August. The average list price is $1,722,196 down 2% from August. The current lowest priced Cornelius waterfront home is listed at $524,900 and the current highest priced active Cornelius waterfront home is listed at $4,795,000.

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Cornelius Waterfront Condos & Townhomes
In August 2017 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 33% decrease from the 9 Cornelius waterfront condos sold in July 2017. August 2017 sales figures increased 20% from August 2016 when 5 Cornelius waterfront condos sold.

The average sales price decreased 14.1% from $276,244 in July to $237,167 in August. The August 2017 average sales price decreased 11.8% from the August 2016 average sales price which was $268,900.

Average days on the market decreased 74% from 34 in July to 9 in August. The August 2016 average days on the market were 101, a 91.1% decrease in market time from one year ago.

Currently there are 9 active Cornelius waterfront condos listed in the MLS, a 12.5% increase from August, with 4 more under contract, down 43% from August. The average list price is $323,600, down 6.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $209,999 and the highest priced Cornelius waterfront condo is listed at $430,000.

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Cornelius Waterfront Lots
In August 2017 1 Cornelius waterfront lot sold in the Lake Norman area, a 50% decrease from the 2 Cornelius waterfront lots sold in July 2017. August 2017 sales figures increased 0% from August 2016 when 1 Cornelius waterfront lots sold.

The August average sales price was $212,500, down 85% from the July average sales price which was $1,412,500. The average sales price decreased 77.4% from the August 2016 average sales price of $940,000.

The average days on the market increased 419% from July, from 59 to 306 days on the market in August. Days on the market were down 6.4% from August 2016 when the average was 327 days on the market.

Currently there are 17 active Cornelius waterfront lots listed in the MLS, up 30.8% from August, with 3 others under contract. The average list price is $957,144 up .9% from last month. The lowest priced Cornelius waterfront lot is listed at $439,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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Cornelius Waterfront Real Estate Market Update July 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for July 2017

Cornelius Waterfront Homes
In July 2017 11 Cornelius waterfront homes sold, a 31.3% decrease from the 16 Cornelius waterfront homes sold in June 2017. July 2017 waterfront sales figures increased 83.3% from July 2016 when 6 Cornelius waterfront homes sold.

The average sales price decreased 6.2% from $1,237,425 in June to $1,160,295 in July. The July 2017 average sales price decreased 42.8% from the July 2016 average sales price which was $2,028,333.

Average days on the market decreased from 118 in June to 39 in July, a 67% decrease in market time. The July 2016 average days on the market were 239, a 69.7% decrease in market time.

Currently there are 68 active Cornelius waterfront homes listed in the MLS, down 14.1% from July, with 16 more under contract, up 23.1% from July. The average list price is $1,757,255 up .02% from July. The current lowest priced Cornelius waterfront home is listed at $524,900 and the current highest priced active Cornelius waterfront home is listed at $4,795,000.

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Cornelius Waterfront Condos & Townhomes
In July 2017 9 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 0% increase from the 9 Cornelius waterfront condos sold in June 2017. July 2017 sales figures increased 12.5% from July 2016 when 8 Cornelius waterfront condos sold.

The average sales price decreased 15.6% from $327,314 in June to $276,244 in July. The July 2017 average sales price decreased 1.5% from the July 2016 average sales price which was $280,375.

Average days on the market decreased 5.6% from 36 in June to 34 in July. The July 2016 average days on the market were 61, a 44.3% decrease in market time from one year ago.

Currently there are 8 active Cornelius waterfront condos listed in the MLS, a 20% decrease from July, with 7 more under contract, down 0% from July. The average list price is $303,767, down 17.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $209,999 and the highest priced Cornelius waterfront condo is listed at $475,000.

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Cornelius Waterfront Lots
In July 2017 2 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 2 Cornelius waterfront lots sold in June 2017. July 2017 sales figures increased 200% from July 2016 when 0 Cornelius waterfront lots sold.

The July average sales price was $1,412,500, up 13% from the June average sales price which was $1,250,000. The average sales price increased NA% from the July 2016 average sales price of $NA.

The average days on the market increased 111% from June, from 28 to 59 days on the market in July. Days on the market were down NA% from July 2016 when the average was NA days on the market.

Currently there are 13 active Cornelius waterfront lots listed in the MLS, down 18.8% from July, with 3 others under contract. The average list price is $948,650 down 4.7% from last month. The lowest priced Cornelius waterfront lot is listed at $439,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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