Cornelius Waterfront Real Estate Market Update September 2016

Cornelius Real Estate Market Update August 2014

September 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In September 2016 10 Cornelius waterfront homes sold, a 28.6% decrease from the 14 Cornelius waterfront homes sold in August. September 2016 waterfront sales figures decreased 9.1% from September 2015 when 11 Cornelius waterfront homes sold.

The average sales price decreased 32% from $1,477,357 in August to $1,005,340 in September. The September 2016 average sales price decreased 26% from the September 2015 average sales price which was $1,359,285.

Average days on the market decreased from 161 in August to 100 in September, a 37.9% decrease in market time. The September 2015 average days on the market were 113, a 11.5% decrease in market time.

Currently there are 74 active Cornelius waterfront homes listed in the MLS with 13 more under contract, down 23.5% from September. The average list price is $1,529,137 up 4.5% from September. The current lowest priced Cornelius waterfront home is listed at $459,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.

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Cornelius Waterfront Condos & Townhomes
In September 2016 10 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 100% increase from the 5 Cornelius waterfront condos sold in August. September 2016 sales figures increased 25% from September 2015 when 8 Cornelius waterfront condos sold.

The average sales price decreased 2.1% from $268,900 in August to $263,345 in September. The September 2016 average sales price decreased 0% from the September 2015 average sales price which was $263,255.

Average days on the market increased 6.9% from 101 in August to 108 in September. The September 2015 average days on the market were 47, a 129.8% increase in market time.

Currently there are 15 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 16.7% decrease from September. The average list price is $329,980, up 2.8% 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 $715,000.

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Cornelius Waterfront Lots
In September 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in August. September 2016 sales figures decreased 33% from September 2015 when 3 Cornelius waterfront lots sold.

The September average sales price was $1,055,000, up 12.2% from the August average sales price which was $940,000. The average sales price increased 39.1% from the September 2015 average sales price of $758,667.

The average days on the market decreased 78.3% from August, from 327 to 71 days on the market in September. Days on the market were up 0% from September 2015 when the average was 71 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 33.3% from September. The average list price is $881,757, down 3.2% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,875,000.

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