Cornelius NC Real Estate

April 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In April 2016 5 Cornelius waterfront homes sold, a 0% increase from the 5 Cornelius waterfront homes sold in March. April 2016 waterfront sales figures increased 25% from April 2015 when 4 Cornelius waterfront homes sold.

The average sales price decreased 38.6% from $1,475,000 in March to $905,300 in April. The April 2016 average sales price decreased 16.4% from the April 2015 average sales price which was $1,082,938.

Average days on the market increased from 65 in March to 11 in April, a 41.4% increase in market time. The April 2015 average days on the market were 113, a 1.8% decrease in market time.

Currently there are 76 active Cornelius waterfront homes listed in the MLS with 15 more under contract, up 15.4% from April. The average list price is $1,566,721 down 4.1% from April. The current lowest priced Cornelius waterfront home is listed at $625,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.

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Cornelius Waterfront Condos & Townhomes
In April 2016 3 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 50% decrease from the 6 Cornelius waterfront condos sold in March. April 2016 sales figures decreased 62.5% from April 2015 when 8 Cornelius waterfront condos sold.

The average sales price decreased 47% from $260,217 in March to $137,917 in April. The April 2016 average sales price decreased 29.8% from the April 2015 average sales price which was $194,488.

Average days on the market decreased 73% from 59 in March to 16 in April. The April 2015 average days on the market were 122, an 87% decrease in market time.

Currently there are 33 active Cornelius waterfront condos listed in the MLS with 6 more under contract, a 50% increase from April. The average list price is $329,703, down 2.2% from last month. The lowest priced activeCornelius waterfront condo is listed at $139,900 and the highest priced Cornelius waterfront condo is listed at $725,000.

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Cornelius Waterfront Lots
In April 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lot sold in March. The average sales price was $316,000, down 66% from the March average sales price which was $925,000. April 2016 sales figures decreased 50% from April 2015 when 2 Cornelius waterfront lots sold. The average sales price decreased 16.6% from the April 2015 average sales price of $379,000.

The average days on the market decreased 87% from March, from 403 to 51 days on the market in April. Days on the market were down 42.7% from April 2015 when the average was 89 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the MLS with 8 under contract, up 14.3% from April. The average list price is $842,843, down 13.8% from last month. The lowest priced Cornelius waterfront lot is listed at $375,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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