Tag Archives: cornelius condo prices
Cornelius Real Estate Market Update March 2016
March 2016 Cornelius Real Estate Market Update
Cornelius Homes
In March 2016 50 homes sold in the Cornelius area, an 85% increase from the 27 homes sold in February. March 2016 sales figures increased 56.3% from March 2015 when 32 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 14.3% from $555,096 in February to $475,861 in March. The March 2016 average sales price increased 58.3% from the March 2015 average sales price which was $300,652.
Average days on the market decreased 28% from 100 days in February to 72 days on the market in March. The March 2015 average days on the market were 62, a 16.1% increase in market time.
Currently there are 157 active homes for sale in the Cornelius MLS area, up 15.4% from March. The average list price is $1,079,328 up 1.6% from the March average list price of $1,062,036. 113 Cornelius homes are currently under contract, up 19% from March.
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Cornelius Condos & Townhomes
In March 2016 23 condos/townhomes sold in the Cornelius area, a 4.2% decrease from the 24 Cornelius condos or townhomes sold in February. March 2016 sales figures increased 53.3% from March 2015 when 15 Cornelius condos sold.
The average sales price increased 27.4% from $161,693 in February 2016 to $205,978 in March 2016. The March 2016 average sales price increased 7.3% from the March 2015 average sales price which was $191,918.
Average days on the market increased 7.1% from 70 in February to 75 in March. March 2015 average days on the market were 54, an increase of 38.9%.
Currently there are 62 active condo/townhomes for sale in the Cornelius MLS area, a 19% increase from the 52 Cornelius condos for sale in March. The average list price is $278,037, up 5.5% from March’s average list price of $263,454. 52 Cornelius condos/townhomes are currently under contract, an 18.2% increase from March.
Cornelius Lots
In March 2016 3 lots sold in the Cornelius area, a 0% decrease from the 3 Cornelius lots sold in February. March 2016 sales figures increased 50% from March 2015 when 2 Cornelius lots sold.
The average sales price decreased 3.6% from $432,333 in February to $416,667 in March. The March 2016 average sales price decreased 1.4% from the March 2015 average sales price which was $422,700.
Average days on the market decreased 45.9% from 314 in February to 170 in March. The March 2015 average days on the market were 375, an 54.7% decrease in market time versus the same time period last year.
Currently there are 28 active lot listings in the Cornelius MLS area, an increase of 16.7% from March. The average list price is $724,804, up 2.4% from March’s average list price of $707,696. 12 Cornelius lots are currently under contract, a 0% increase from March.
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Cornelius Real Estate Market Update February 2016
February 2016 Cornelius Real Estate Market Update
Cornelius Homes
In February 2016 27 homes sold in the Cornelius area, a 3.8% increase from the 26 homes sold in January. February 2016 sales figures increased 17.4% from February 2015 when 23 homes sold in the Cornelius area.
The average sales price in Cornelius increased 28.5% from $431,387 in January to $555,096 in February. The February 2016 average sales price increased 7.1% from the February 2015 average sales price which was $518,077.
Average days on the market increased 40.8% from 71 days in January to 100 days on the market in February. The February 2015 average days on the market were 84, a 19% increase in market time.
Currently there are 136 active homes for sale in the Cornelius MLS area, down 2.9% from February. The average list price is $1,062,036 up 5.9% from the February average list price of $1,003,026. 95 Cornelius homes are currently under contract, up 2.2% from February.
It is a great time to sell! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In February 2016 23 condos/townhomes sold in the Cornelius area, a 130% increase from the 10 Cornelius condos or townhomes sold in January. February 2016 sales figures decreased 43.8% from February 2015 when 16 Cornelius condos sold.
The average sales price decreased 6.5% from $175,756 in January 2016 to $164,245 in February 2016. The February 2016 average sales price decreased 6.8% from the February 2015 average sales price which was $176,160.
Average days on the market increased 79% from 38 in January to 68 in February. February 2015 average days on the market were 70, a decrease of 2.9%.
Currently there are 52 active condo/townhomes for sale in the Cornelius MLS area, a 5.5% decrease from the 55 Cornelius condos for sale in February. The average list price is $263,454, up .02% from February’s average list price of $263,393. 44 Cornelius condos/townhomes are currently under contract, a 15.8% increase from February.
Cornelius Lots
In February 2016 3 lots sold in the Cornelius area, a 300% decrease from the 0 Cornelius lots sold in January. February 2016 sales figures increased 200% from February 2015 when 1 Cornelius lots sold.
The average sales price decreased N/A% from $N/A in January to $432,333 in February. The February 2016 average sales price increased 380% from the February 2015 average sales price which was $90,000.
Average days on the market decreased N/A% from N/A in January to 314 in February. The February 2015 average days on the market were 166, an 89.2% increase in market time versus the same time period last year.
Currently there are 24 active lot listings in the Cornelius MLS area, an increase of 9% from February. The average list price is $707,696, down 9.6% from February’s average list price of $782,809. 12 Cornelius lots are currently under contract, a 0% increase from February.
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