Cornelius Waterfront Real Estate Market Update October 2014

Cornelius Real Estate Market Update August 2014
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Cornelius Waterfront Real Estate Market Update

Cornelius Waterfront Homes
In October 2014 10 Cornelius waterfront homes sold, a 9.1% decrease from the 11 waterfront homes sold in September 2014. October 2014 waterfront sales figures increased 66.7% from October 2013 when 6 Cornelius waterfront homes sold.

The average sales price increased 6.4% from $1,310,118 in September 2014 to $1,394,535 in October 2014. October 2014 average sales price increased 80.8% from the October 2013 average sales price which was $771,287.

Average days on the market increased from 75 in September 2014 to 129 in October 2014, a 72% increase in market time. October 2013 average days on the market were 84, a 53.6% increase in market time.

Currently there are 61 Cornelius waterfront homes listed in the MLS with 7 of those under contract, up 250% from September. The average list price is $1,588,066, down .6% from September. 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.

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



Cornelius Waterfront Condos & Townhomes
In October 2014 5 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 37.5% decrease from the 8 Cornelius waterfront condos sold in September 2014. October 2014 sales figures decreased 37.5% from October 2013 when 8 Cornelius waterfront condos sold.

The average sales price decreased 22.4% from $212,250 in September 2014 to $164,700 in October 2014. October 2014 average sales price decreased 30.9% from the October 2013 average sales price which was $238,300.

Average days on the market decreased 55.8% from 165 in September 2014 to 73 in October 2014. October 2013 average days on the market were 214, a 65.9% decrease in market time.

Currently there are 33 Cornelius waterfront condos listed in the MLS with 4 of those under contract, a 50% decrease from September. The average list price is $251,015, up 8.1% from last month. The lowest priced Cornelius waterfront condo is listed at $130,000 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 October 2014 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 0 Cornelius waterfront lots sold in September 2014. The average sales price was $217,500, up 100% from the September average sales price which was $0. October 2014 sales figures increased 0% from October 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 100% from the October 2013 average sales price of $0.

The average days on the market increased 100% from September, from N/A to 182 days on the market in October. Days on the market were up 100% from October 2013 when the average was N/A days on the market.

Currently there are 22 Cornelius waterfront lots listed in the MLS with 6 of those under contract, up 100% from September. The average list price is $813,377, up 9% from last month. The lowest priced Cornelius waterfront lot is listed at $220,000 and the highest priced Cornelius waterfront lot is listed at $1,700,000.

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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