Tag Archives: lake norman waterfront homes
2015 Cornelius Waterfront Real Estate Market Review
The Cornelius waterfront real estate market had a large decline in total sales, down 31.2% from 2014. This can be attributed to low inventory, higher asking prices and Mooresville having more inventory and lower prices.
The average sales price, $1,171,962, decreased 4.1% from the 2014 average sales price.
The median sales price, $975,000, decreased 8.9% from the 2014 median sales price.
The average price per square foot, $299, increased 12.4% from the 2014 average price per square foot, $266, and was the highest since 2008.
The average days on the market, 114, decreased 13% from 2014 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 2015
December 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In December 2015 4 Cornelius waterfront homes sold, a 20% decrease from the 5 Cornelius waterfront homes sold in November 2015. December 2015 waterfront sales figures decreased 42.9% from December 2014 when 7 Cornelius waterfront homes sold.
The average sales price increased 73.5% from $853,100 in November to $1,480,000 in December 2015. The December 2015 average sales price increased 7.5% from the December 2014 average sales price which was $1,376,786.
Average days on the market decreased from 84 in November to 137 in December 2015, a 63.1% increase in market time. December 2014 average days on the market were 121, a 13.2% increase in market time.
Currently there are 58 Cornelius waterfront homes listed in the MLS with 15 of those under contract, down 14.7% from December. The average list price is $1,863,452 up 2.4% from December. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In December 2015 2 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 33% decrease from the 3 Cornelius waterfront condos sold in November 2015. December 2015 sales figures increased 100% from December 2014 when 1 Cornelius waterfront condos sold.
The average sales price increased 106% from $194,167 in November to $400,250 in December 2015. December 2015 average sales price decreased 18.3% from the December 2014 average sales price which was $490,000.
Average days on the market decreased 26.6% from 79 in November to 58 in December 2015. December 2014 average days on the market were 1, a 5700% increase in market time.
Currently there are 27 Cornelius waterfront condos listed in the MLS with 2 of those under contract, a 100% increase from December. The average list price is $292,948, up 3% from last month. The lowest priced activeCornelius waterfront condo is listed at $152,000 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In December 2015 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 1 Cornelius waterfront lots sold in November. The average sales price was $N/A, down 100% from the November average sales price which was $800,000. December 2015 sales figures decreased 100% from December 2014 when 3 Cornelius waterfront lot sold. The average sales price decreased 100% from the December 2014 average sales price of $586,333.
The average days on the market decreased N/A% from November, from 123 to N/A days on the market in December. Days on the market were up N/A% from December 2014 when the average was 192 days on the market.
Currently there are 16 Cornelius waterfront lots listed in the MLS with 0 of those under contract, down 0% from December. The average list price is $968,494, up 5.4% from last month. The lowest priced Cornelius waterfront lot is listed at $375,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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