Tag Archives: cornelius waterfront
2014 Cornelius Waterfront Real Estate Market Review
The Cornelius waterfront real estate market had a slight decline in total sales, down 5.2% from 2013. This can be attributed to low inventory and higher prices.
The average sales price increased 12.5% from the 2013 average sales price. It was the highest average sales price since 2008. Limited inventory created competition for fewer listings, thus increasing prices.
The median sales price increased a whooping 31% from the 2013 median sales price. It was the highest median sales price since 2008.
The average price per square foot increased 7.8% from the 2013 average price per square foot and was the highest since 2008.
The average days on the market decreased 19% from 2013 and was the shortest marketing time since 2009.
Please feel free to call or email me anytime to discuss market conditions in your neighborhood as I would love to talk and provide you with additional insight, discuss listing your property or talk about purchasing real estate in Cornelius and the Lake Norman area.
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Cornelius Waterfront Real Estate Market Update December 2014
Cornelius Waterfront Homes
In December 2014 5 Cornelius waterfront homes sold, a 66.7% increase from the 3 Cornelius waterfront homes sold in November 2014. December 2014 waterfront sales figures decreased 37.5% from December 2013 when 8 Cornelius waterfront homes sold.
The average sales price decreased 19.5% from $1,646,605 in November 2014 to $1,326,000 in December 2014, the highest December average sales price in the last 10 years! December 2014 average sales price increased 39.4% from the December 2013 average sales price which was $951,121.
Average days on the market decreased from 140 in November 2014 to 135 in December 2014, an 3.6% decrease in market time. December 2013 average days on the market were 203, a 33.5% decrease in market time.
Currently there are 52 Cornelius waterfront homes listed in the MLS with 2 of those under contract, down 77.8% from November. The average list price is $1,563,778 up .9% from November. The current lowest priced Cornelius waterfront home is listed at $475,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In December 2014 2 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 0% decrease from the 2 Cornelius waterfront condos sold in November 2014. December 2014 sales figures increased 100% from December 2013 when 1 Cornelius waterfront condos sold.
The average sales price increased 22.5% from $317,500 in November 2014 to $389,000 in December 2014. December 2014 average sales price increased 35.3% from the December 2013 average sales price which was $287,500.
Average days on the market decreased 84.5% from 129 in November 2014 to 20 in December 2014. December 2013 average days on the market were 10, a 100% increase in market time.
Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 0% increase from November. The average list price is $245,751, down 5% from last month. The lowest priced Cornelius waterfront condo is listed at $128,000 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
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Cornelius Waterfront Lots
In December 2014 2 Cornelius waterfront lots sold in the Lake Norman area, a 200% increase from the 0 Cornelius waterfront lots sold in November 2014. The average sales price was $659,500, up 100% from the November average sales price which was N/A. December 2014 sales figures increased 200% from December 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 100% from the December 2013 average sales price of $0.
The average days on the market increased 100% from November, from N/A to 66 days on the market in December. Days on the market were up 100% from December 2013 when the average was N/A days on the market.
Currently there are 17 Cornelius waterfront lots listed in the MLS with 2 of those under contract, down 50% from November. The average list price is $871,212, up 5.6% 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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