Cornelius Waterfront Real Estate Market Update July 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for July 2017

Cornelius Waterfront Homes
In July 2017 11 Cornelius waterfront homes sold, a 31.3% decrease from the 16 Cornelius waterfront homes sold in June 2017. July 2017 waterfront sales figures increased 83.3% from July 2016 when 6 Cornelius waterfront homes sold.

The average sales price decreased 6.2% from $1,237,425 in June to $1,160,295 in July. The July 2017 average sales price decreased 42.8% from the July 2016 average sales price which was $2,028,333.

Average days on the market decreased from 118 in June to 39 in July, a 67% decrease in market time. The July 2016 average days on the market were 239, a 69.7% decrease in market time.

Currently there are 68 active Cornelius waterfront homes listed in the MLS, down 14.1% from July, with 16 more under contract, up 23.1% from July. The average list price is $1,757,255 up .02% from July. 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 July 2017 9 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 0% increase from the 9 Cornelius waterfront condos sold in June 2017. July 2017 sales figures increased 12.5% from July 2016 when 8 Cornelius waterfront condos sold.

The average sales price decreased 15.6% from $327,314 in June to $276,244 in July. The July 2017 average sales price decreased 1.5% from the July 2016 average sales price which was $280,375.

Average days on the market decreased 5.6% from 36 in June to 34 in July. The July 2016 average days on the market were 61, a 44.3% decrease in market time from one year ago.

Currently there are 8 active Cornelius waterfront condos listed in the MLS, a 20% decrease from July, with 7 more under contract, down 0% from July. The average list price is $303,767, down 17.5% 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 $475,000.

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 July 2017 2 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 2 Cornelius waterfront lots sold in June 2017. July 2017 sales figures increased 200% from July 2016 when 0 Cornelius waterfront lots sold.

The July average sales price was $1,412,500, up 13% from the June average sales price which was $1,250,000. The average sales price increased NA% from the July 2016 average sales price of $NA.

The average days on the market increased 111% from June, from 28 to 59 days on the market in July. Days on the market were down NA% from July 2016 when the average was NA days on the market.

Currently there are 13 active Cornelius waterfront lots listed in the MLS, down 18.8% from July, with 3 others under contract. The average list price is $948,650 down 4.7% 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

Cornelius Real Estate Market Update July 2017

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for July 2017

Cornelius Homes
In July 2017 67 homes sold in the Cornelius area, a 9.5% decrease from the 74 Cornelius homes sold in June 2017. July 2017 sales figures increased 59.5% from July 2016 when 42 homes sold in the Cornelius area.

The average sales price in Cornelius decreased 13.4% from $564,888 in June to $488,993 in July. The July 2017 average sales price decreased 20.4% from the July 2016 average sales price which was $614,653.

Average days on the market decreased 38.3% from 60 days in June to 37 days on the market in July. The July 2016 average days on the market were 80, a 53.8% decrease in market time from one year ago.

Currently there are 176 active homes for sale in the Cornelius MLS area, down 6.9% from July. The average list price is $1,013,130 down 1.5% from the July average list price of $1,028,261. 91 Cornelius homes are currently under contract, up 3.4% from July. Based on these statistics, 4 months of inventory, we are currently in a sellers market in Cornelius.

It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com

Cornelius Condos & Townhomes
In July 2017 39 condos/townhomes sold in the Cornelius area, a 14.7% increase from the 34 Cornelius condos or townhomes sold in June 2017. July 2017 sales figures increased 50% from July 2016 when 26 Cornelius condos sold.

The average sales price decreased .5% from $217,172 in June 2017 to $216,003 in July 2017. The July 2017 average sales price decreased 7.2% from the July 2016 average sales price which was $232,756.

Average days on the market increased 25.8% from 31 in June to 39 in July. July 2016 average days on the market were 45, a decrease of 13.3% market time from one year ago.

Currently there are 20 active condo/townhomes for sale in the Cornelius MLS area, a 20% decrease from the 25 Cornelius condos for sale in July. The average list price is $268,115, down 4.7% from July’s average list price of $281,308. 46 Cornelius condos/townhomes are currently under contract, a 2.2% increase from July. Based on these figures, 1.7 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In July 2017 3 lots sold in the Cornelius area, a 50% increase from the 2 Cornelius lots sold in June 2017. July 2017 sales figures increased 200% from July 2016 when 1 Cornelius lots sold.

The average sales price decreased 23.5% from $1,250,000 in June to $955,833 in July. The July 2017 average sales price increased 429.5% from the July 2016 average sales price which was $180,500.

Average days on the market increased 314% from 28 in June to 116 in July. The July 2016 average days on the market were 338, a 65.7% decrease in market time versus the same time period last year.

Currently there are 25 active lot listings in the Cornelius MLS area, an decrease of 16.7% from July. The average list price is $1,224,610, up .8% from July’s average list price of $1,214,795. 5 Cornelius lots are currently under contract, a 37.5% decrease from July. Based on these numbers, 10 months of inventory, we are in a balanced market for Cornelius lots for sale.

Search Cornelius homes for sale
Cornelius waterfront homes for sale
Search Cornelius condos for sale
Cornelius waterfront condos for sale

Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates