Cornelius Real Estate Market Update September 2015

Cornelius Real Estate Market Update August 2014
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September 2015 Cornelius Real Estate Market Update

Cornelius Homes
In September 2015 44 homes sold in the Cornelius area, a 4.8% increase from the 42 homes sold in August 2015. September 2015 sales figures decreased 0% from September 2014 when 44 homes sold in the Cornelius area.

The average sales price increased 24.5% from $488,978 in August to $608,683 in September. The September 2015 average sales price increased 2.7% from the September 2014 average sales price which was $607,303.

Average days on the market increased 3.4% from 58 days in August to 60 days on the market in September. The September 2014 average days on the market were 61, a 1.6% decrease in market time.

Currently there are 248 homes for sale in the Cornelius MLS area, up 11% from September. The average list price is $854,839 down 3.4% from the September average list price of $884,562. 86 Cornelius homes are currently under contract, up 14.7% from September.

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Cornelius Condos & Townhomes
In September 2015 41 condos/townhomes sold in the Cornelius area, a 78.3% increase from the 23 condos or townhomes sold in August 2015. September 2015 sales figures increased 51.9% from September 2014 when 27 Cornelius condos sold.

The average sales price decreased 12.1% from $214,082 in August 2015 to $188,171 in September 2015. September 2015 average sales price decreased 1.2% from the September 2014 average sales price which was $190,380.

Average days on the market decreased 12.5% from 56 in August to 49 in September. September 2014 average days on the market were 84, a decrease of 41.7%.

Currently there are 103 condo/townhomes for sale in the Cornelius MLS area, a 10.4% decrease from the 115 Cornelius condos for sale in September. The average list price is $212,651, up 1.1% from September’s average list price of $210,272. 33 Cornelius condos/townhomes are currently under contract, a 3.1% increase from September.

Cornelius Lots
In September 2015 3 lot sold in the Cornelius area, a 50% increase from the 2 Cornelius lots sold in August. September 2015 sales figures decreased 100% from September 2014 when 0 Cornelius lots sold.

The average sales price increased 98.1% from $383,000 in August to $758,667 in September. September 2015 average sales price increased N/A% from the September 2014 average sales price which was $N/A.

Average days on the market increased 108% from 34 in August to 71 in September. September 2014 average days on the market were N/A, an N/A% decrease in market time versus the same time period last year.

Currently there are 40 lots for sale in the Cornelius MLS area, a decrease of 7.5% from September. The average list price is $711,998, down 6.2% from September’s average list price of $758,667. 10 Cornelius lots are currently under contract, a 25% increase from September.

Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates


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