Cornelius NC Real Estate

June 2015 Cornelius Real Estate Market Update

Cornelius Homes
In June 2015 49 homes sold in the Cornelius area, a 22.2% decrease from the 63 homes sold in May 2015. June 2015 sales figures decreased 24.6% from June 2014 when 65 homes sold in the Cornelius area.

The average sales price decreased 2.4% from $484,347 in May to $472,511 in June. The June 2015 average sales price increased 9.8% from the June 2014 average sales price which was $430,273.

Average days on the market increased 64.2% from 53 days in May to 87 days on the market in June. The June 2014 average days on the market were 64, a 35.9% decrease in market time.

Currently there are 268 homes for sale in the Cornelius MLS area, down 3.2% from June. The average list price is $839,454 up 6.3% from the June average list price of $789,716. 94 Cornelius homes are currently under contract, down 10.5% from June.

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Cornelius Condos & Townhomes
In June 2015 29 condos/townhomes sold in the Cornelius area, a 9.4% decrease from the 32 condos or townhomes sold in May 2015. June 2015 sales figures increased 0% from June 2014 when 29 Cornelius condos sold.

The average sales price decreased 1.2% from $182,859 in May 2015 to $180,603 in June 2015. June 2015 average sales price increased 10.7% from the June 2014 average sales price which was $163,198.

Average days on the market decreased 17.3% from 52 in May to 43 in June. June 2014 average days on the market were 58, a decrease of 25.9%.

Currently there are 145 condo/townhomes for sale in the Cornelius MLS area, a 6.5% decrease from the 155 Cornelius condos for sale in June. The average list price is $216,048, up 1.6% from June’s average list price of $212,646. 63 Cornelius condos/townhomes are currently under contract, a 26% increase from June.

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Cornelius Lots
In June 2015 4 lot sold in the Cornelius area, a 0% decrease from the 4 lots sold in May. June 2015 sales figures increased 100% from June 2014 when 2 Cornelius lots sold.

The average sales price decreased 15.2% from $599,500 in May to $508,400 in June. June 2015 average sales price increased 184% from the June 2014 average sales price which was $179,000.

Average days on the market decreased 74.4% from 207 in May to 53 in June. June 2014 average days on the market were 105, a 49.5% decrease in market time versus the same time period last year.

Currently there are 54 lots for sale in the Cornelius MLS area, an increase of 10.2% from June. The average list price is $646,756, down .5% from June’s average list price of $649,831. 8 Cornelius lots are currently under contract, a 0% decrease from June.

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