Cornelius Waterfront Real Estate Market Update Febraury 2017


Cornelius Waterfront Real Estate Stats for February 2017

Cornelius Waterfront Homes
In February 2017 4 Cornelius waterfront homes sold, a 33% decrease from the 6 Cornelius waterfront homes sold in January 2017. February 2017 waterfront sales figures increased 0% from February 2016 when 4 Cornelius waterfront homes sold.

The average sales price decreased 59.2% from $1,778,750 in January to $726,000 in February. The February 2017 average sales price decreased 48.7% from the February 2016 average sales price which was $1,414,750.

Average days on the market increased from 59 in January to 113 in February, a 91.5% increase in market time. The February 2016 average days on the market were 172, a 34.3% decrease in market time.

Currently there are 66 active Cornelius waterfront homes listed in the MLS with 17 more under contract, up 41.7% from February. The average list price is $1,698,763 up .6% from February. The current lowest priced Cornelius waterfront home is listed at $610,000 and the current highest priced active Cornelius waterfront home is listed at $4,675,000.

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Cornelius Waterfront Condos & Townhomes
In February 2017 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 25% increase from the 4 Cornelius waterfront condos sold in January 2017. February 2017 sales figures increased 0% from February 2016 when 5 Cornelius waterfront condos sold.

The average sales price increased 40.6% from $235,563 in January to $331,100 in February. The February 2017 average sales price increased 66.3% from the February 2016 average sales price which was $199,100.

Average days on the market decreased 82% from 61 in January to 11 in February. The February 2016 average days on the market were 106, an 89.6% decrease in market time from one year ago.

Currently there are 8 active Cornelius waterfront condos listed in the MLS with 9 more under contract, a 25% decrease from February. The average list price is $377,328, down 17.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $165,000 and the highest priced Cornelius waterfront condo is listed at $715,000.

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Cornelius Waterfront Lots
In February 2017 3 Cornelius waterfront lot sold in the Lake Norman area, a 300% increase from the 0 Cornelius waterfront lots sold in January 2017. February 2017 sales figures increased 300% from February 2016 when 0 Cornelius waterfront lots sold.

The February average sales price was $520,917, down NA% from the January average sales price which was $NA. The average sales price increased NA% from the February 2016 average sales price of $NA.

The average days on the market decreased NA% from January, from NA to 199 days on the market in February. Days on the market were up NA% from February 2016 when the average was NA days on the market.

Currently there are 13 active Cornelius waterfront lots listed in the MLS with 3 others under contract, down 25% from February. The average list price is $928,615, down 6.7% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,589,000.

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