Cornelius NC Real Estate

April 2015 Cornelius Real Estate Market Update

Cornelius Homes
In April 2015 46 homes sold in the Cornelius area, a 39.4% increase from the 33 homes sold in March 2015. April 2015 sales figures increased 35.3% from April 2014 when 34 homes sold in the Cornelius area.

The average sales price increased 15% from $315,775 in March to $363,273 in April. The April 2015 average sales price decreased 6.7% from the April 2014 average sales price which was $389,467.

Average days on the market increased 6.5% from 62 days in March to 66 days on the market in April. The April 2014 average days on the market were 63, a 4.8% increase in market time.

Currently there are 269 homes for sale in the Cornelius MLS area, up 3% from April. The average list price is $738,986 up 2.6% from the April average list price of $720,583. 103 Cornelius homes are currently under contract, down 5.5% from April.

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Cornelius Condos & Townhomes
In April 2015 28 condos/townhomes sold in the Cornelius area, a 75% increase from the 16 condos or townhomes sold in March 2015. April 2015 sales figures increased 40% from April 2014 when 20 Cornelius condos sold.

The average sales price decreased 4.9% from $180,073 in March 2015 to $171,162 in April 2015. April 2015 average sales price increased 12.3% from the April 2014 average sales price which was $195,197.

Average days on the market increased 100% from 43 in March to 86 in April. April 2014 average days on the market were 71, an increase of 21.1%.

Currently there are 137 condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 133 Cornelius condos for sale in April. The average list price is $215,835, up 4.2% from April’s average list price of $207,231. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from April.

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Cornelius Lots
In April 2015 1 lot sold in the Cornelius area, a 50% decrease from the 2 lots sold in March. April 2015 sales figures decreased 66.7% from April 2014 when 3 Cornelius lots sold.

The average sales price decreased 12.9% from $422,700 in March to $368,000 in April. April 2015 average sales price increased 56.6% from the April 2014 average sales price which was $235,000.

Average days on the market decreased 99% from 374 in March to 1 in April. April 2014 average days on the market were 151, a 99% decrease in market time versus the same time period last year.

Currently there are 51 lots for sale in the Cornelius MLS area, a decrease of 3.8% from April. The average list price is $617,833, down 3.9% from April’s average list price of $642,766. 10 Cornelius lots are currently under contract, a 25% increase from April.

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