Cornelius NC Real Estate

Cornelius Waterfront Real Estate Update May 2015

Cornelius Waterfront Homes
In May 2015 10 Cornelius waterfront homes sold, a 400% increase from the 2 Cornelius waterfront homes sold in April 2015. May 2015 waterfront sales figures decreased 9.1% from May 2014 when 11 Cornelius waterfront homes sold.

The average sales price increased 69.7% from $662,875 in April to $1,124,575 in May 2015. The May 2015 average sales price increased 26.4% from the May 2014 average sales price which was $889,364.

Average days on the market increased from 28 in April to 135 in May 2015, a 382% increase in market time. May 2014 average days on the market were 165, a 18.2% decrease in market time.

Currently there are 75 Cornelius waterfront homes listed in the MLS with 14 of those under contract, up 0% from May. The average list price is $1,612,238 up 4.8% from May. The current lowest pricedCornelius waterfront home is listed at $355,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

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Cornelius Waterfront Condos & Townhomes
In May 2015 13 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 44.4% increase from the 9 Cornelius waterfront condos sold in April 2015. May 2015 sales figures decreased 160% from May 2014 when 5 Cornelius waterfront condos sold.

The average sales price increased 15.2% from $215,767 in April to $248,462 in May 2015. May 2015 average sales price increased 19.7% from the May 2014 average sales price which was $207,600.

Average days on the market decreased 51.6% from 126 in April to 61 in May 2015. May 2014 average days on the market were 11, a 45% decrease in market time.

Currently there are 48 Cornelius waterfront condos listed in the MLS with 16 of those under contract, a 0% increase from May. The average list price is $276,706, up 3.9% from last month. The lowest pricedCornelius waterfront condo is listed at $124,750 and the highest priced Cornelius waterfront condo is listed at $469,900.

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Cornelius Waterfront Lots
In May 2015 3 Cornelius waterfront lots sold in the Lake Norman area, a 200% increase from the 1 Cornelius waterfront lot sold in April. The average sales price was $769,333, up 109% from the April average sales price which was $368,000. May 2015 sales figures increased 200% from May 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 14.5% from the May 2014 average sales price of $900,000.

The average days on the market decreased 100% from April, from 0 to 270 days on the market in May. Days on the market were up 63.6% from May 2014 when the average was 165 days on the market.

Currently there are 25 Cornelius waterfront lots listed in the MLS with 5 of those under contract, down 16.7% from May. The average list price is $836,236, up 3.6% from last month. The lowest priced Cornelius waterfront lot is listed at $325,000 and the highest priced Cornelius waterfront lot is listed at $2,350,000.

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