Cornelius Waterfront Real Estate Market Update June 2016

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

Cornelius Waterfront Homes
In June 2016 8 Cornelius waterfront homes sold, a 60% increase from the 5 Cornelius waterfront homes sold in May. June 2016 waterfront sales figures increased 60% from June 2015 when 5 Cornelius waterfront homes sold.

The average sales price increased 17.7% from $1,349,000 in May to $1,587,813 in June. The June 2016 average sales price increased 26.5% from the June 2015 average sales price which was $1,255,000.

Average days on the market increased from 240 in May to 84 in June, a 65% decrease in market time. The June 2015 average days on the market were 133, a 36.8% decrease in market time.

Currently there are 87 active Cornelius waterfront homes listed in the MLS with 21 more under contract, up 50% from June. The average list price is $1,505,045 down 1.4% from June. The current lowest priced Cornelius waterfront home is listed at $599,900 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.

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 June 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 200% increase from the 2 Cornelius waterfront condos sold in May. June 2016 sales figures decreased 33% from June 2015 when 9 Cornelius waterfront condos sold.

The average sales price decreased 30% from $312,250 in May to $219,483 in June. The June 2016 average sales price decreased 12.6% from the June 2015 average sales price which was $251,028.

Average days on the market decreased 63.5% from 222 in May to 81 in June. The June 2015 average days on the market were 111, a 27% decrease in market time.

Currently there are 28 active Cornelius waterfront condos listed in the MLS with 11 more under contract, a 10% increase from June. The average list price is $318,204, up 2.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $149,900 and the highest priced Cornelius waterfront condo is listed at $485,000.

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 June 2016 4 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 2 Cornelius waterfront lot sold in May. June 2016 sales figures increased 100% from June 2015 when 2 Cornelius waterfront lots sold.

The June average sales price was $921,250, down 14% from the May average sales price which was $1,071,500. The average sales price increased 15.2% from the June 2015 average sales price of $800,000.

The average days on the market increased 377% from May, from 13 to 62 days on the market in June. Days on the market were up 520% from June 2015 when the average was 10 days on the market.

Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 0% from June. The average list price is $856,858, down 1.6% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,400,000.

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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