2015 Cornelius Waterfront Real Estate Market Review

Cornelius Real Estate Market Update August 2014
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The Cornelius waterfront real estate market had a large decline in total sales, down 31.2% from 2014. This can be attributed to low inventory, higher asking prices and Mooresville having more inventory and lower prices.

The average sales price, $1,171,962, decreased 4.1% from the 2014 average sales price.

The median sales price, $975,000, decreased 8.9% from the 2014 median sales price.

The average price per square foot, $299, increased 12.4% from the 2014 average price per square foot, $266, and was the highest since 2008.

The average days on the market, 114, decreased 13% from 2014 and was the shortest marketing time since 2009.

Please feel free to call or email me anytime to discuss market conditions in your neighborhood as I would love to talk and provide you with additional insight, discuss listing your property or talk about purchasing real estate in Cornelius and the Lake Norman area.

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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