Cornelius NC Real Estate

March 2015 Cornelius Waterfront Market Update

Cornelius Waterfront Homes
In March 2015 4 Cornelius waterfront homes sold, a 0% increase from the 4 Cornelius waterfront homes sold in February 2015. March 2015 waterfront sales figures decreased 20% from March 2014 when 5 Cornelius waterfront homes sold.

The average sales price decreased 57.4% from $1,568,750 in February to $668,862 in March 2015. The March 2015 average sales price decreased 48.8% from the March 2014 average sales price which was $1,305,367.

Average days on the market decreased from 115 in February to 94 in March 2015, a 18.3% decrease in market time. March 2014 average days on the market were 103, a 8.7% decrease in market time.

Currently there are 63 Cornelius waterfront homes listed in the MLS with 11 of those under contract, up 57% from February. The average list price is $1,549,136 up 1.7% from February. The current lowest priced Cornelius waterfront home is listed at $462,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

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Cornelius Waterfront Condos & Townhomes
In March 2015 1 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 67% decrease from the 3 Cornelius waterfront condos sold in February 2015. March 2015 sales figures decreased 75% from March 2014 when 4 Cornelius waterfront condos sold.

The average sales price decreased 6.6% from $214,167 in February to $200,000 in March 2015. March 2015 average sales price decreased 6.7% from the March 2014 average sales price which was $214,312.

Average days on the market decreased 39.7% from 68 in February to 41 in March 2015. March 2014 average days on the market were 222, an 81.5% decrease in market time.

Currently there are 48 Cornelius waterfront condos listed in the MLS with 12 of those under contract, a 100% increase from February. The average list price is $265,613, down 2.1% from last month. The lowest priced Cornelius waterfront condo is listed at $125,000 and the highest priced Cornelius waterfront condo is listed at $495,000.

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Cornelius Waterfront Lots
In March 2015 1 Cornelius waterfront lots sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in February. The average sales price was $746,900, up 100% from the February average sales price which was $N/A. March 2015 sales figures increased 100% from March 2014 when 0 Cornelius waterfront lots sold. The average sales price increased 100% from the March 2014 average sales price of N/A.

The average days on the market increased 100% from February, from N/A to 745 days on the market in March. Days on the market were down 0% from March 2014 when the average was N/A days on the market.

Currently there are 29 Cornelius waterfront lots listed in the MLS with 5 of those under contract, up 25% from February. The average list price is $800,648, down 13% 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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