Cornelius NC Real Estate

August 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In August 2016 14 Cornelius waterfront homes sold, a 133% increase from the 6 Cornelius waterfront homes sold in July. August 2016 waterfront sales figures increased 133% from August 2015 when 6 Cornelius waterfront homes sold.

The average sales price decreased 27.2% from $2,028,333 in July to $1,477,357 in August. The August 2016 average sales price increased 20.4% from the August 2015 average sales price which was $1,226,944.

Average days on the market increased from 239 in July to 161 in August, a 32.6% decrease in market time. The August 2015 average days on the market were 125, a 28.8% increase in market time.

Currently there are 80 active Cornelius waterfront homes listed in the MLS with 17 more under contract, down 10.5% from August. The average list price is $1,463,779 down 1.1% from August. The current lowest priced Cornelius waterfront home is listed at $524,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.

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Cornelius Waterfront Condos & Townhomes
In August 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 37.5% decrease from the 8 Cornelius waterfront condos sold in July. August 2016 sales figures increased 25% from August 2015 when 4 Cornelius waterfront condos sold.

The average sales price decreased 4.1% from $280,375 in July to $268,900 in August. The August 2016 average sales price decreased 8.7% from the August 2015 average sales price which was $294,500.

Average days on the market increased 65.6% from 61 in July to 101 in August. The August 2015 average days on the market were 93, an 8.6% increase in market time.

Currently there are 18 active Cornelius waterfront condos listed in the MLS with 12 more under contract, a 33% increase from August. The average list price is $320,878, up .7% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $725,000.

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Cornelius Waterfront Lots
In August 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lot sold in July. August 2016 sales figures increased 0% from August 2015 when 1 Cornelius waterfront lots sold.

The August average sales price was $940,000, down NA% from the July average sales price which was $NA. The average sales price increased 39.3% from the August 2015 average sales price of $675,000.

The average days on the market increased NA% from July, from NA to 327 days on the market in August. Days on the market were up 6440% from August 2015 when the average was 5 days on the market.

Currently there are 22 active Cornelius waterfront lots listed in the MLS with 6 under contract, down 14.3% from August. The average list price is $910,564, up 4.8% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,875,000.

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