Tag Archives: cornelius condo prices
Cornelius Real Estate Market Update May 2016
May 2016 Cornelius Real Estate Market Update
Cornelius Homes
In May 2016 50 homes sold in the Cornelius area, a 16.3% increase from the 43 homes sold in April. May 2016 sales figures decreased 9.1% from May 2015 when 55 homes sold in the Cornelius area.
The average sales price in Cornelius increased 3.9% from $443,690 in April to $461,000 in May. The May 2016 average sales price decreased 5% from the May 2015 average sales price which was $485,332.
Average days on the market increased 3.4% from 59 days in April to 61 days on the market in May. The May 2015 average days on the market were 54, a 13% increase in market time.
Currently there are 209 active homes for sale in the Cornelius MLS area, up 26% from May. The average list price is $968,882 down 6.7% from the May average list price of $1,038,423. 119 Cornelius homes are currently under contract, down 7% from May.
It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In May 2016 28 condos/townhomes sold in the Cornelius area, a 27.3% increase from the 22 Cornelius condos or townhomes sold in April. May 2016 sales figures increased 3.7% from May 2015 when 27 Cornelius condos sold.
The average sales price increased 10% from $170,991 in April 2016 to $188,136 in May 2016. The May 2016 average sales price decreased 2% from the May 2015 average sales price which was $191,944.
Average days on the market increased 96% from 23 in April to 45 in May. May 2015 average days on the market were 54, a decrease of 16.7%.
Currently there are 63 active condo/townhomes for sale in the Cornelius MLS area, a 0% increase from the 63 Cornelius condos for sale in May. The average list price is $267,342, down 3.2% from May’s average list price of $276,226. 44 Cornelius condos/townhomes are currently under contract, a 10% decrease from May.
Cornelius Lots
In May 2016 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in April. May 2016 sales figures decreased 33% from May 2015 when 3 Cornelius lots sold.
The average sales price increased 448% from $195,500 in April to $1,071,500 in May. The May 2016 average sales price increased 39.3% from the May 2015 average sales price which was $769,333.
Average days on the market decreased 89% from 118 in April to 13 in May. The May 2015 average days on the market were 270, a 95.2% decrease in market time versus the same time period last year.
Currently there are 37 active lot listings in the Cornelius MLS area, an increase of 8.8% from May. The average list price is $690,095, up 4.5% from May’s average list price of $660,118. 10 Cornelius lots are currently under contract, a 23.1% decrease from May.
Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates
Cornelius Real Estate Market Update April 2016
April 2016 Cornelius Real Estate Market Update
Cornelius Homes
In April 2016 38 homes sold in the Cornelius area, an 24% decrease from the 50 homes sold in March. April 2016 sales figures decreased 29.6% from April 2015 when 55 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 7% from $475,861 in March to $442,741 in April. The April 2016 average sales price increased 9.9% from the April 2015 average sales price which was $402,688.
Average days on the market decreased 16.7% from 72 days in March to 60 days on the market in April. The April 2015 average days on the market were 64, a 6.3% decrease in market time.
Currently there are 166 active homes for sale in the Cornelius MLS area, up 5.7% from April. The average list price is $1,038,423 down 3.8% from the April average list price of $1,079,328. 128 Cornelius homes are currently under contract, up 13.3% from April.
It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In April 2016 22 condos/townhomes sold in the Cornelius area, a 4.3% decrease from the 23 Cornelius condos or townhomes sold in March. April 2016 sales figures decreased 31.3% from April 2015 when 32 Cornelius condos sold.
The average sales price decreased 17% from $205,978 in March 2016 to $170,991 in April 2016. The April 2016 average sales price increased 5.8% from the April 2015 average sales price which was $161,580.
Average days on the market decreased 69.3% from 75 in March to 23 in April. April 2015 average days on the market were 73, a decrease of 68.5%.
Currently there are 63 active condo/townhomes for sale in the Cornelius MLS area, a 1.6% increase from the 62 Cornelius condos for sale in April. The average list price is $276,226, down .7% from April’s average list price of $278,037. 49 Cornelius condos/townhomes are currently under contract, a 5.8% decrease from April.
Cornelius Lots
In April 2016 2 lots sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in March. April 2016 sales figures decreased 33% from April 2015 when 3 Cornelius lots sold.
The average sales price decreased 53.1% from $416,667 in March to $195,500 in April. The April 2016 average sales price decreased 30.8% from the April 2015 average sales price which was $282,667.
Average days on the market decreased 30.6% from 170 in March to 118 in April. The April 2015 average days on the market were 65, an 81.5% increase in market time versus the same time period last year.
Currently there are 34 active lot listings in the Cornelius MLS area, an increase of 21.4% from April. The average list price is $660,118, down 8.9% from April’s average list price of $724,804. 13 Cornelius lots are currently under contract, an 8.3% increase from April.
Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates
