Cornelius Waterfront Real Estate Market Update August 2014

Cornelius Real Estate Market Update August 2014

Cornelius Waterfront Real Estate Market Update

Cornelius Waterfront Homes
In August 2014 15 Cornelius waterfront homes sold, a 25% increase from the 12 waterfront homes sold in July 2014. August 2014 waterfront sales figures increased 150% from August 2013 when 6 Cornelius waterfront homes sold.

The average sales price increased 12.4% from $1,223,563 in July 2014 to $1,375,125 in August 2014. August 2014 average sales price increased 16% from the August 2013 average sales price which was $1,185,233.

Average days on the market increased from 102 in July 2014 to 157 in August 2014, a 53.9% increase in market time. August 2013 average days on the market were 161, a 2.5% decrease in market time.

Currently there are 78 Cornelius waterfront homes listed in the MLS with 12 of those under contract, down 7.7% from July. The average list price is $1,559,467, up .7% from July. The current lowest priced Cornelius waterfront home is listed at $369,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale



Cornelius Waterfront Condos & Townhomes
In August 2014 1 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 83.3% decrease from the 6 Cornelius waterfront condos sold in July 2014. August 2014 sales figures increased 66.7% from August 2013 when 3 waterfront condos sold.

The average sales price increased 1.1% from $276,833 in July 2014 to $280,000 in August 2014. August 2014 average sales price decreased 7.9% from the August 2013 average sales price which was $304,000.

Average days on the market increased 97.9% from 48 in July 2014 to 95 in August 2014. August 2013 average days on the market were 99, a 4% decrease in market time.

Currently there are 29 Cornelius waterfront condos listed in the MLS with 8 of those under contract, a 166.7% increase from July. The average list price is $241,653, down 6.1% from last month. The lowest priced Cornelius waterfront condo is listed at $124,900 and the highest priced Cornelius waterfront condo is listed at $455,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale



Cornelius Waterfront Lots
In August 2014 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lots sold in July 2014. The average sales price was $372,000, down 19.1% from the July average sales price which was $460,000. August 2014 sales figures increased 100% from August 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the August 2013 average sales price of $0.

The average days on the market decreased 23.3% from July, from 266 to 204 days on the market in August. Days on the market were down 12.8% from August 2013 when the average was 234 days on the market.

Currently there are 24 Cornelius waterfront lots listed in the MLS with 2 of those under contract. The average list price is $713,031, up 5.8% from last month. The lowest priced Cornelius waterfront lot is listed at $64,000 and the highest priced Cornelius waterfront lot is listed at $2,000,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale


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