Cornelius Waterfront Real Estate Market Update August 2016

Cornelius Real Estate Market Update August 2014
Share the joy

August 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In August 2016 14 Cornelius waterfront homes sold, a 133% increase from the 6 Cornelius waterfront homes sold in July. August 2016 waterfront sales figures increased 133% from August 2015 when 6 Cornelius waterfront homes sold.

The average sales price decreased 27.2% from $2,028,333 in July to $1,477,357 in August. The August 2016 average sales price increased 20.4% from the August 2015 average sales price which was $1,226,944.

Average days on the market increased from 239 in July to 161 in August, a 32.6% decrease in market time. The August 2015 average days on the market were 125, a 28.8% increase in market time.

Currently there are 80 active Cornelius waterfront homes listed in the MLS with 17 more under contract, down 10.5% from August. The average list price is $1,463,779 down 1.1% 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 $3,899,900.

Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale

Stay up to date on the Cornelius real estate market with our free market updates: Free Cornelius Real Estate Market Updates

Cornelius Waterfront Condos & Townhomes
In August 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 37.5% decrease from the 8 Cornelius waterfront condos sold in July. August 2016 sales figures increased 25% from August 2015 when 4 Cornelius waterfront condos sold.

The average sales price decreased 4.1% from $280,375 in July to $268,900 in August. The August 2016 average sales price decreased 8.7% from the August 2015 average sales price which was $294,500.

Average days on the market increased 65.6% from 61 in July to 101 in August. The August 2015 average days on the market were 93, an 8.6% increase in market time.

Currently there are 18 active Cornelius waterfront condos listed in the MLS with 12 more under contract, a 33% increase from August. The average list price is $320,878, up .7% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $725,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale

Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates

Cornelius Waterfront Lots
In August 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lot sold in July. August 2016 sales figures increased 0% from August 2015 when 1 Cornelius waterfront lots sold.

The August average sales price was $940,000, down NA% from the July average sales price which was $NA. The average sales price increased 39.3% from the August 2015 average sales price of $675,000.

The average days on the market increased NA% from July, from NA to 327 days on the market in August. Days on the market were up 6440% from August 2015 when the average was 5 days on the market.

Currently there are 22 active Cornelius waterfront lots listed in the MLS with 6 under contract, down 14.3% from August. The average list price is $910,564, up 4.8% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,875,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale

Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates


Share the joy

Leave a Reply