Cornelius NC Real Estate

October 2015 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In October 2015 6 Cornelius waterfront homes sold, a 45.5% decrease from the 11 Cornelius waterfront homes sold in September 2015. October 2015 waterfront sales figures decreased 33.3% from October 2014 when 9 Cornelius waterfront homes sold.

The average sales price decreased 32.6% from $1,359,285 in September to $916,333 in October 2015. The October 2015 average sales price decreased 37.8% from the October 2014 average sales price which was $1,473,722.

Average days on the market increased from 113 in September to 115 in October 2015, a 1.8% increase in market time. October 2014 average days on the market were 113, a 1.8% increase in market time.

Currently there are 75 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 15.4% from October. The average list price is $1,825,504 up 4.6% from October. The current lowest priced Cornelius waterfront home is listed at $398,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.

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Cornelius Waterfront Condos & Townhomes
In October 2015 6 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 25% decrease from the 8 Cornelius waterfront condos sold in September 2015. October 2015 sales figures increased 0% from October 2014 when 6 Cornelius waterfront condos sold.

The average sales price increased .2% from $263,225 in September to $263,667 in October 2015. October 2015 average sales price increased 42.3% from the October 2014 average sales price which was $185,250.

Average days on the market increased 8.5% from 47 in September to 51 in October 2015. October 2014 average days on the market were 67, a 23.9% decrease in market time.

Currently there are 26 Cornelius waterfront condos listed in the MLS with 5 of those under contract, a 16.7% decrease from October. The average list price is $292,108, up 4.1% from last month. The lowest priced activeCornelius waterfront condo is listed at $118,900 and the highest priced Cornelius waterfront condo is listed at $729,000.

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Cornelius Waterfront Lots
In October 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 66.7% decrease from the 3 Cornelius waterfront lots sold in September. The average sales price was $550,000, down 27.5% from the September average sales price which was $758,667. October 2015 sales figures increased 0% from October 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 152.9% from the October 2014 average sales price of $217,500.

The average days on the market increased 183% from September, from 71 to 201 days on the market in October. Days on the market were up 10.4% from October 2014 when the average was 182 days on the market.

Currently there are 18 Cornelius waterfront lots listed in the MLS with 1 of those under contract, down 50% from October. The average list price is $936,383, down 8.8% from last month. The lowest priced Cornelius waterfront lot is listed at $350,000 and the highest priced Cornelius waterfront lot is listed at $1,800,000.

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