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Cornelius Real Estate Market Update December 2015
December 2015 Cornelius Real Estate Market Update
Cornelius Homes
In December 2015 31 homes sold in the Cornelius area, a 28% decrease from the 43 homes sold in November 2015. December 2015 sales figures decreased 34% from December 2014 when 37 homes sold in the Cornelius area.
The average sales price increased 20.6% from $476,102 in November to $574,141 in December. The December 2015 average sales price increased 18.8% from the December 2014 average sales price which was $483,286.
Average days on the market increased 35.8% from 53 days in November to 72 days on the market in December. The December 2014 average days on the market were 64, a 12.5% increase in market time.
Currently there are 197 homes for sale in the Cornelius MLS area, down 11.3% from December. The average list price is $878,899 down .8% from the December average list price of $886,361. 68 Cornelius homes are currently under contract, down 5.5% from December.
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Cornelius Condos & Townhomes
In December 2015 25 condos/townhomes sold in the Cornelius area, a 66.7% increase from the 15 condos or townhomes sold in November 2015. December 2015 sales figures increased 78.6% from December 2014 when 14 Cornelius condos sold.
The average sales price increased 16.1% from $170,993 in November 2015 to $198,508 in December 2015. December 2015 average sales price increased 28.2% from the December 2014 average sales price which was $154,836.
Average days on the market decreased 21.9% from 64 in November to 50 in December. December 2014 average days on the market were 91, a decrease of 45.1%.
Currently there are 79 condo/townhomes for sale in the Cornelius MLS area, a 14% decrease from the 92 Cornelius condos for sale in December. The average list price is $220,726, up 4% from December’s average list price of $212,287. 18 Cornelius condos/townhomes are currently under contract, a 42% decrease from December.
Cornelius Lots
In December 2015 1 lots sold in the Cornelius area, a 67% decrease from the 3 Cornelius lots sold in November. December 2015 sales figures decreased 80% from December 2014 when 5 Cornelius lots sold.
The average sales price decreased 54.3% from $433,333 in November to $198,000 in December. December 2015 average sales price decreased 50.5% from the December 2014 average sales price which was $400,300.
Average days on the market decreased 97% from 223 in November to 7 in December. December 2014 average days on the market were 139, a 95% decrease in market time versus the same time period last year.
Currently there are 34 lots for sale in the Cornelius MLS area, a decrease of 10.5% from December. The average list price is $720,141, up 2.8% from December’s average list price of $700,497. 9 Cornelius lots are currently under contract, a 12.5% increase from December.
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Cornelius Real Estate Market Update November 2015
November 2015 Cornelius Real Estate Market Update
Cornelius Homes
In November 2015 42 homes sold in the Cornelius area, a 0% decrease from the 42 homes sold in October 2015. November 2015 sales figures increased 40% from November 2014 when 30 homes sold in the Cornelius area.
The average sales price increased 11% from $431,539 in October to $479,223 in November. The November 2015 average sales price increased 7% from the October 2014 average sales price which was $447,781.
Average days on the market decreased 10% from 60 days in October to 54 days on the market in November. The November 2014 average days on the market were 63, a 14.3% decrease in market time.
Currently there are 222 homes for sale in the Cornelius MLS area, down 11.6% from November. The average list price is $886,361 down .1% from the November average list price of $887,369. 72 Cornelius homes are currently under contract, down 8.9% from November.
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 November 2015 15 condos/townhomes sold in the Cornelius area, a 53.1% decrease from the 32 condos or townhomes sold in October 2015. November 2015 sales figures increased 0% from November 2014 when 15 Cornelius condos sold.
The average sales price decreased 11.3% from $192,715 in October 2015 to $170,993 in November 2015. November 2015 average sales price decreased 14.7% from the November 2014 average sales price which was $200,374.
Average days on the market increased 52.4% from 42 in October to 64 in November. November 2014 average days on the market were 53, an increase of 20.8%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 92 Cornelius condos for sale in November. The average list price is $212,287, down 1.9% from November’s average list price of $216,473. 31 Cornelius condos/townhomes are currently under contract, a 3.3% increase from November.
Cornelius Lots
In November 2015 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in October. November 2015 sales figures increased 100% from November 2014 when 1 Cornelius lots sold.
The average sales price increased 51.9% from $395,000 in October to $600,000 in November. November 2015 average sales price decreased 28.1% from the November 2014 average sales price which was $835,000.
Average days on the market increased 7.7% from 271 in October to 292 in November. November 2014 average days on the market were 88, a 231.8% decrease in market time versus the same time period last year.
Currently there are 38 lots for sale in the Cornelius MLS area, a decrease of 5% from November. The average list price is $700,497, up 4.8% from November’s average list price of $668,173. 8 Cornelius lots are currently under contract, a 27.3% decrease from November.
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