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Cornelius Waterfront Real Estate Market Update May 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for May 2017

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

The average sales price increased 31% from $1,096,255 in April to $1,435,813 in May. The May 2017 average sales price increased 6.4% from the May 2016 average sales price which was $1,349,000.

Average days on the market increased from 226 in April to 106 in May, a 53.1% decrease in market time. The May 2016 average days on the market were 240, a 55.8% decrease in market time.

Currently there are 75 active Cornelius waterfront homes listed in the MLS, up 5.6% from May, with 22 more under contract, up 15.8% from May. The average list price is $1,628,369 down 5.9% from May. The current lowest priced Cornelius waterfront home is listed at $535,000 and the current highest priced active Cornelius waterfront home is listed at $4,675,000.

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Cornelius Waterfront Condos & Townhomes
In May 2017 8 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 60% increase from the 5 Cornelius waterfront condos sold in April 2017. May 2017 sales figures increased 300% from May 2016 when 2 Cornelius waterfront condos sold.

The average sales price decreased 42% from $452,000 in April to $262,063 in May. The May 2017 average sales price decreased 16.% from the May 2016 average sales price which was $315,250.

Average days on the market decreased 24.3% from 74 in April to 56 in May. The May 2016 average days on the market were 222, a 74.8% decrease in market time from one year ago.

Currently there are 6 active Cornelius waterfront condos listed in the MLS, a 50% decrease from May with 15 more under contract, up 36.4% from May. The average list price is $358,817, up 1.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $172,900 and the highest priced Cornelius waterfront condo is listed at $659,000.

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Cornelius Waterfront Lots
In May 2017 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 2 Cornelius waterfront lots sold in April 2017. May 2017 sales figures decreased 100% from May 2016 when 2 Cornelius waterfront lots sold.

The May average sales price was $NA, down NA% from the April average sales price which was $862,500. The average sales price increased NA% from the May 2016 average sales price of $1,071,500.

The average days on the market decreased NA% from April, from 241 to NA days on the market in May. Days on the market were up NA% from May 2016 when the average was 13 days on the market.

Currently there are 16 active Cornelius waterfront lots listed in the MLS , down 11.1% from May, with 5 others under contract. The average list price is $834,438 down 9% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,295,000.

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Cornelius Waterfront Real Estate Market Update April 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for April 2017

Cornelius Waterfront Homes
In April 2017 5 Cornelius waterfront homes sold, a 37.5% decrease from the 8 Cornelius waterfront homes sold in March 2017. April 2017 waterfront sales figures decreased 16.7% from April 2016 when 6 Cornelius waterfront homes sold.

The average sales price decreased 15.6% from $1,298,715 in March to $1,096,255 in April. The April 2017 average sales price increased 28.7% from the April 2016 average sales price which was $851,917.

Average days on the market increased from 115 in March to 226 in April, a 96.5% increase in market time. The April 2016 average days on the market were 96, a 135.4% increase in market time.

Currently there are 71 active Cornelius waterfront homes listed in the MLS with 19 more under contract, up 11.8% from April. The average list price is $1,729,849 up 4.6% from April. 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 April 2017 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, an 44.4% decrease from the 9 Cornelius waterfront condos sold in March 2017. April 2017 sales figures increased 66.7% from April 2016 when 3 Cornelius waterfront condos sold.

The average sales price increased 80.4% from $250,556 in March to $452,000 in April. The April 2017 average sales price increased 228% from the April 2016 average sales price which was $137,917.

Average days on the market increased 32.1% from 56 in March to 74 in April. The April 2016 average days on the market were 16, a 363% increase in market time from one year ago.

Currently there are 12 active Cornelius waterfront condos listed in the MLS with 11 more under contract, a 22.2% increase from April. The average list price is $353,633, down 10.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $168,900 and the highest priced Cornelius waterfront condo is listed at $659,900.

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Cornelius Waterfront Lots
In April 2017 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in March 2017. April 2017 sales figures increased 100% from April 2016 when 2 Cornelius waterfront lots sold.

The April average sales price was $862,500, down NA% from the March average sales price which was $NA. The average sales price increased 172.9% from the April 2016 average sales price of $316,000.

The average days on the market decreased NA% from March, from NA to 241 days on the market in April. Days on the market were up 372.5% from April 2016 when the average was 51 days on the market.

Currently there are 18 active Cornelius waterfront lots listed in the MLS with 3 others under contract, up 50% from April. The average list price is $917,000 down 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 $1,500,000.

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