Cornelius NC Real Estate

September 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In September 2016 10 Cornelius waterfront homes sold, a 28.6% decrease from the 14 Cornelius waterfront homes sold in August. September 2016 waterfront sales figures decreased 9.1% from September 2015 when 11 Cornelius waterfront homes sold.

The average sales price decreased 32% from $1,477,357 in August to $1,005,340 in September. The September 2016 average sales price decreased 26% from the September 2015 average sales price which was $1,359,285.

Average days on the market decreased from 161 in August to 100 in September, a 37.9% decrease in market time. The September 2015 average days on the market were 113, a 11.5% decrease in market time.

Currently there are 74 active Cornelius waterfront homes listed in the MLS with 13 more under contract, down 23.5% from September. The average list price is $1,529,137 up 4.5% from September. The current lowest priced Cornelius waterfront home is listed at $459,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.

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Cornelius Waterfront Condos & Townhomes
In September 2016 10 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 100% increase from the 5 Cornelius waterfront condos sold in August. September 2016 sales figures increased 25% from September 2015 when 8 Cornelius waterfront condos sold.

The average sales price decreased 2.1% from $268,900 in August to $263,345 in September. The September 2016 average sales price decreased 0% from the September 2015 average sales price which was $263,255.

Average days on the market increased 6.9% from 101 in August to 108 in September. The September 2015 average days on the market were 47, a 129.8% increase in market time.

Currently there are 15 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 16.7% decrease from September. The average list price is $329,980, up 2.8% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $715,000.

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Cornelius Waterfront Lots
In September 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in August. September 2016 sales figures decreased 33% from September 2015 when 3 Cornelius waterfront lots sold.

The September average sales price was $1,055,000, up 12.2% from the August average sales price which was $940,000. The average sales price increased 39.1% from the September 2015 average sales price of $758,667.

The average days on the market decreased 78.3% from August, from 327 to 71 days on the market in September. Days on the market were up 0% from September 2015 when the average was 71 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 33.3% from September. The average list price is $881,757, down 3.2% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,875,000.

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