Cornelius Waterfront Real Estate Market Update August 2017

Cornelius Waterfront Real Estate Update
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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.

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 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.

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 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.

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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