Parts of Cornelius Housing Market still Red Hot

Homes in the lower price points are still flying off the market.  This home in Cornelius, listed at $249,900, went under contract the same day it was listed.  The listing agent, Clark Goff of Allen Tate Davidson/Lake Norman stated, “My client was thrilled.  A quick sale fit her needs perfectly.”

While homes in this price point frequently make it to the market in adjoining towns, people looking for this price point in Cornelius need to be ready to pounce.  Clark Goff commented, “We prepare our buyer clients by making sure they are pre-qualified for a mortgage and we prepare them for multiple offer situations.”

Looking for a home for less than $250k with 3 or more bedrooms, you have 3 to choose from in Cornelius.   When affordable homes go on the market they sell quickly.  In the last 6 months homes in Cornelius under $250k went under contract in an average of 16 days and sold at over 99% of asking price.

Under Contract in 1 Day - Oakhurst
Courtesy of Clark Goff – Allen Tate Davidson/Lake Norman

It would be nice if our public servants, the police, firemen and teachers, could afford to live in town.  As more and more people migrate to the Lake Norman area we’ll continue to see pressure on the housing supply.

Goff stated ” Bring me a home under $300k in one of these neighborhoods and I can often get it sold without showing it, without repairs or painting in days.  Pretty amazing.”

Homes in Cornelius < $250k

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