Cornelius Waterfront Real Estate Market Update March 2016

Cornelius Real Estate Market Update August 2014
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March 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In March 2016 5 Cornelius waterfront homes sold, a 25% increase from the 4 Cornelius waterfront homes sold in February. March 2016 waterfront sales figures increased 25% from March 2015 when 4 Cornelius waterfront homes sold.

The average sales price increased 4.3% from $1,414,750 in February to $1,475,000 in March. The March 2016 average sales price increased 120% from the March 2015 average sales price which was $668,863.

Average days on the market decreased from 172 in February to 65 in March, a 62% decrease in market time. The March 2015 average days on the market were 94, a 30.9% decrease in market time.

Currently there are 72 active Cornelius waterfront homes listed in the MLS with 13 more under contract, up 117% from March. The average list price is $1,633,440 down 3.2% from March. The current lowest priced Cornelius waterfront home is listed at $625,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.

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

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Cornelius Waterfront Condos & Townhomes
In March 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 20% increase from the 5 Cornelius waterfront condos sold in February. March 2016 sales figures increased 200% from March 2015 when 2 Cornelius waterfront condos sold.

The average sales price increased 30.7% from $199,100 in February to $260,217 in March. The March 2016 average sales price decreased 8.7% from the March 2015 average sales price which was $285,000.

Average days on the market decreased 44.3% from 106 in February to 59 in March. The March 2015 average days on the market were 10, a 41.6% decrease in market time.

Currently there are 36 active Cornelius waterfront condos listed in the MLS with 4 more under contract, a 43% decrease from March. The average list price is $337,144, down 2.5% from last month. The lowest priced activeCornelius waterfront condo is listed at $175,000 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 March 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in February. The average sales price was $925,000, down N/A% from the February average sales price which was $N/A. March 2016 sales figures decreased 0% from March 2015 when 1 Cornelius waterfront lot sold. The average sales price increased 23.8% from the March 2015 average sales price of $746,900.


The average days on the market decreased N/A% from February, from N/A to 403 days on the market in March. Days on the market were down 45.9% from March 2015 when the average was 745 days on the market.

Currently there are 16 active Cornelius waterfront lots listed in the MLS with 7 under contract, up 75% from March. The average list price is $977,825, up 9.7% from last month. The lowest priced Cornelius waterfront lot is listed at $335,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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


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