Cornelius NC Real Estate

March 2015 Cornelius Real Estate Market Update

Cornelius Homes
In March 2015 33 homes sold in the Cornelius area, a 65% increase from the 20 homes sold in February 2015. March 2015 sales figures increased 6.5% from March 2014 when 31 homes sold in the Cornelius area.

The average sales price decreased 42.6% from $549,800 in February to $315,775 in March. The March 2015 average sales price decreased 37% from the March 2014 average sales price which was $501,162.

Average days on the market decreased 22.5% from 80 days in February to 62 days on the market in March. The March 2014 average days on the market were 102, a 39.2% decrease in market time.

Currently there are 269 homes for sale in the Cornelius MLS area, up 9.3% from February. The average list price is $720,583 up 1% from the February average list price of $713,758. 109 Cornelius homes are currently under contract, up 51.4% from February!

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Cornelius Condos & Townhomes
In March 2015 16 condos/townhomes sold in the Cornelius area, a 5.9% decrease from the 17 condos or townhomes sold in February 2015. March 2015 sales figures decreased 5.9% from March 2014 when 17 Cornelius condos sold.

The average sales price decreased 2.3% from $184,269 in February 2015 to $180,073 in March 2015. March 2015 average sales price increased 9% from the March 2014 average sales price which was $165,180.

Average days on the market decreased 51.1% from 88 in February to 43 in March. March 2014 average days on the market were 143, a decrease of 69.9%.

Currently there are 133 condo/townhomes for sale in the Cornelius MLS area, a 30.4% increase from the 102 Cornelius condos for sale in February. The average list price is $207,231, down .8% from February’s average list price of $208,938. 49 Cornelius condos/townhomes are currently under contract, a 53% increase from February!

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Cornelius Lots
In March 2015 2 lots sold in the Cornelius area, a 100% decrease from the 1 lots sold in February. March 2015 sales figures increased 1000% from March 2014 when 0 Cornelius lots sold.

The average sales price increased 370% from $90,000 in February to $422,700 in March. March 2015 average sales price increased 100% from the March 2014 average sales price which was $N/A.

Average days on the market increased 125% from 166 in February to 374 in March. March 2014 average days on the market were N/A, a N/A% decrease in market time versus the same time period last year.

Currently there are 53 lots for sale in the Cornelius MLS area, an increase of 47.2% from February. The average list price is $642,766, down 7.9% from February’s average list price of $698,097. 8 Cornelius lots are currently under contract, a 33% increase from February.

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