Cornelius Waterfront Real Estate Market Update March 2017


Cornelius Waterfront Real Estate Stats for March 2017

Cornelius Waterfront Homes
In March 2017 8 Cornelius waterfront homes sold, a 100% increase from the 4 Cornelius waterfront homes sold in February 2017. March 2017 waterfront sales figures increased 60% from March 2016 when 5 Cornelius waterfront homes sold.

The average sales price increased 78.9% from $726,000 in February to $1,298,715 in March. The March 2017 average sales price decreased 12% from the March 2016 average sales price which was $1,475,000.

Average days on the market increased from 113 in February to 115 in March, a 1.7% decrease in market time. The March 2016 average days on the market were 65, a 76.9% increase in market time.

Currently there are 73 active Cornelius waterfront homes listed in the MLS with 17 more under contract, up 0% from March. The average list price is $1,653,738 down 2.7% from March. The current lowest priced Cornelius waterfront home is listed at $599,900 and the current highest priced active Cornelius waterfront home is listed at $4,675,000.

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Cornelius Waterfront Condos & Townhomes
In March 2017 9 Cornelius waterfront condo or townhome sold in the Lake Norman area, an 80% increase from the 5 Cornelius waterfront condos sold in February 2017. March 2017 sales figures increased 50% from March 2016 when 6 Cornelius waterfront condos sold.

The average sales price decreased 24.3% from $331,100 in February to $250,556 in March. The March 2017 average sales price decreased 3.7% from the March 2016 average sales price which was $260,217.

Average days on the market increased 409% from 11 in February to 56 in March. The March 2016 average days on the market were 59, a 5.1% decrease in market time from one year ago.

Currently there are 10 active Cornelius waterfront condos listed in the MLS with 9 more under contract, a 0% decrease from March. The average list price is $394,020, up 4.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $200,000 and the highest priced Cornelius waterfront condo is listed at $689,000.

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Cornelius Waterfront Lots
In March 2017 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 3 Cornelius waterfront lots sold in February 2017. March 2017 sales figures decreased 100% from March 2016 when 1 Cornelius waterfront lot sold.

The March average sales price was $N/A, down N/A% from the February average sales price which was $520,917. The average sales price increased N/A% from the March 2016 average sales price of $925,000.

The average days on the market decreased N/A% from February, from 199 to N/A days on the market in March. Days on the market were up N/A% from March 2016 when the average was 403 days on the market.

Currently there are 19 active Cornelius waterfront lots listed in the MLS with 2 others under contract, down 33% from March. The average list price is $1,034,832 up 11.4% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,700,000.

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