Cornelius NC Real Estate

April 2015 Cornelius Waterfront Market Update

Cornelius Waterfront Homes
In April 2015 2 Cornelius waterfront homes sold, a 50% decrease from the 4 Cornelius waterfront homes sold in March 2015. April 2015 waterfront sales figures decreased 71.4% from April 2014 when 7 Cornelius waterfront homes sold.

The average sales price decreased .9% from $668,862 in March to $662,875 in April 2015. The April 2015 average sales price decreased 18.6% from the April 2014 average sales price which was $814,250.

Average days on the market decreased from 94 in March to 28 in April 2015, a 70% decrease in market time. April 2014 average days on the market were 128, a 78.1% decrease in market time.

Currently there are 70 Cornelius waterfront homes listed in the MLS with 14 of those under contract, up 27.3% from April. The average list price is $1,538,949 down .7% from March. The current lowest priced Cornelius waterfront home is listed at $385,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

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Cornelius Waterfront Condos & Townhomes
In April 2015 9 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 800% increase from the 1 Cornelius waterfront condos sold in March 2015. April 2015 sales figures decreased 350% from April 2014 when 2 Cornelius waterfront condos sold.

The average sales price increased 7.9% from $200,000 in March to $215,767 in April 2015. April 2015 average sales price decreased 27.5% from the April 2014 average sales price which was $297,500.

Average days on the market increased 207% from 41 in March to 126 in April 2015. April 2014 average days on the market were 106, an 18.9% increase in market time.

Currently there are 53 Cornelius waterfront condos listed in the MLS with 16 of those under contract, a 33% increase from April. The average list price is $266,382, up .3% from last month. The lowest priced Cornelius waterfront condo is listed at $119,900 and the highest priced Cornelius waterfront condo is listed at $469,900.

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Cornelius Waterfront Lots
In April 2015 1 Cornelius waterfront lots sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lots sold in March. The average sales price was $368,000, down 50.7% from the March average sales price which was $746,900. March 2015 sales figures increased 0% from April 2014 when 1 Cornelius waterfront lots sold. The average sales price decreased 44.7% from the April 2014 average sales price of $665,000.

The average days on the market decreased 100% from March, from 745 to 0 days on the market in April. Days on the market were down 100% from April 2014 when the average was 69 days on the market.

Currently there are 27 Cornelius waterfront lots listed in the MLS with 6 of those under contract, up 20% from April. The average list price is $807,215, up .8% 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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