Cornelius NC Real Estate

February 2015 Cornelius Waterfront Market Update

Cornelius Waterfront Homes
In February 2015 4 Cornelius waterfront homes sold, a 33% increase from the 3 Cornelius waterfront homes sold in January 2015. February 2015 waterfront sales figures increased 100% from February 2014 when 2 Cornelius waterfront homes sold.

The average sales price increased 14% from $1,375,833 in January to $1,568,750 in February 2015. The February 2015 average sales price increased 141.8% from the February 2014 average sales price which was $648,750.

Average days on the market decreased from 162 in January to 115 in February 2015, a 29% decrease in market time. February 2014 average days on the market were 232, a 50.4% decrease in market time.

Currently there are 59 Cornelius waterfront homes listed in the MLS with 7 of those under contract, up 0% from January. The average list price is $1,523,821 up 5% from January. The current lowest priced Cornelius waterfront home is listed at $475,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

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Cornelius Waterfront Condos & Townhomes
In February 2015 3 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 50% increase from the 2 Cornelius waterfront condos sold in January 2015. February 2015 sales figures increased 200% from February 2014 when 1 Cornelius waterfront condos sold.

The average sales price decreased 18.4% from $262,500 in January to $214,167 in February 2015. February 2015 average sales price decreased 10.8% from the February 2014 average sales price which was $240,000.

Average days on the market increased 58.1% from 43 in January to 68 in February 2015. February 2014 average days on the market were 108, a 37% decrease in market time.

Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 2.8% decrease from January. The average list price is $271,334, up 7.9% from last month. The lowest priced Cornelius waterfront condo is listed at $124,500 and the highest priced Cornelius waterfront condo is listed at $495,000.

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Cornelius Waterfront Lots
In February 2015 0 Cornelius waterfront lots sold in the Lake Norman area, a 100% decrease from the 3 Cornelius waterfront lots sold in January. The average sales price was N/A, down 100% from the January average sales price which was $741,667. February 2015 sales figures increased 0% from February 2014 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the February 2014 average sales price of N/A.

The average days on the market increased 0% from January, from 196 to N/A days on the market in February. Days on the market were down 0% from February 2014 when the average was N/A days on the market.

Currently there are 16 Cornelius waterfront lots listed in the MLS with 4 of those under contract, up 0% from January. The average list price is $920,350, down 3.6% 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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