Tag Archives: cornelius property values
Cornelius Real Estate Market Update November 2016
Cornelius Real Estate Market Stats for November 2016
Cornelius Homes
In November 2016 37 homes sold in the Cornelius area, a 19.6% decrease from the 47 Cornelius homes sold in October. November 2016 sales figures decreased 14% from November 2015 when 43 homes sold in the Cornelius area.
The average sales price in Cornelius increased 16.5% from $442,170 in October to $515,128 in November. The November 2016 average sales price increased 8.2% from the November 2015 average sales price which was $476,102.
Average days on the market increased 71.1% from 45 days in October to 77 days on the market in November. The November 2015 average days on the market were 53, a 45.3% increase in market time from one year ago.
Currently there are 159 active homes for sale in the Cornelius MLS area, down 9.1% from November. The average list price is $862,047 down .2 from the November average list price of $863,434. 65 Cornelius homes are currently under contract, down 27.8% from November.
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Cornelius Condos & Townhomes
In November 2016 22 condos/townhomes sold in the Cornelius area, a 15.4% decrease from the 26 Cornelius condos or townhomes sold in October. November 2016 sales figures increased 46.7% from November 2015 when 15 Cornelius condos sold.
The average sales price decreased 3.8% from $199,916 in October 2016 to $192,381 in November 2016. The November 2016 average sales price increased 12.5% from the November 2015 average sales price which was $170,993.
Average days on the market decreased 33.9% from 56 in October to 37 in November. November 2015 average days on the market were 64, an decrease of 42.2% market time from one year ago.
Currently there are 45 active condo/townhomes for sale in the Cornelius MLS area, a 15% decrease from the 53 Cornelius condos for sale in November. The average list price is $260,334, up 1% from November’s average list price of $257,690. 27 Cornelius condos/townhomes are currently under contract, a 27% decrease from November.
Cornelius Lots
In November 2016 6 lots sold in the Cornelius area, a 100% increase from the 3 Cornelius lots sold in October. November 2016 sales figures increased 100% from November 2015 when 3 Cornelius lots sold.
The average sales price increased 597% from $90,500 in October to $630,833 in November. The November 2016 average sales price increased 42.3% from the November 2015 average sales price which was $443,333.
Average days on the market decreased 25% from 148 in October to 111 in November. The November 2015 average days on the market were 223, a 50.2% decrease in market time versus the same time period last year.
Currently there are 28 active lot listings in the Cornelius MLS area, a decrease of 9.7% from November. The average list price is $796,489, down 5.4% from November’s average list price of $841,781. 9 Cornelius lots are currently under contract, a 10% decrease from November.
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Cornelius Real Estate Market Update October 2016
October 2016 Cornelius Real Estate Market Stats
Cornelius Homes
In October 2016 46 homes sold in the Cornelius area, a 13.2% decrease from the 53 homes sold in September. October 2016 sales figures increased 9.5% from October 2015 when 42 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 14.1% from $514,483 in September to $442,170 in October. The October 2016 average sales price increased 2.5% from the October 2015 average sales price which was $431,539.
Average days on the market decreased 8.2% from 49 days in September to 45 days on the market in October. The October 2015 average days on the market were 60, a 25% decrease in market time.
Currently there are 175 active homes for sale in the Cornelius MLS area, down 9.8% from October. The average list price is $863,434 down 5.7% from the October average list price of $915,443. 90 Cornelius homes are currently under contract, down 4.4% from October.
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 October 2016 26 condos/townhomes sold in the Cornelius area, a 27.8% decrease from the 36 Cornelius condos or townhomes sold in September. October 2016 sales figures decreased 21.2% from October 2015 when 33 Cornelius condos sold.
The average sales price increased .7% from $198,575 in September 2016 to $199,916 in October 2016. The October 2016 average sales price increased 4.6% from the October 2015 average sales price which was $191,118.
Average days on the market decreased 1.8% from 57 in September to 56 in October. October 2015 average days on the market were 43, an increase of 30.2% market time.
Currently there are 53 active condo/townhomes for sale in the Cornelius MLS area, a 7% decrease from the 57 Cornelius condos for sale in October. The average list price is $257,690, up 2.2% from October’s average list price of $252,258. 37 Cornelius condos/townhomes are currently under contract, a 5.2% decrease from October.
Cornelius Lots
In October 2016 3 lots sold in the Cornelius area, a 0% increase from the 3 Cornelius lots sold in September. October 2016 sales figures increased 50% from October 2015 when 2 Cornelius lots sold.
The average sales price decreased 87.3% from $711,667 in September to $90,500 in October. The October 2016 average sales price decreased 77.1% from the October 2015 average sales price which was $395,000.
Average days on the market increased 66.3% from 89 in September to 148 in October. The October 2015 average days on the market were 271, a 45.4% decrease in market time versus the same time period last year.
Currently there are 31 active lot listings in the Cornelius MLS area, a decrease of 11.4% from October. The average list price is $841,781, up 8.9% from October’s average list price of $773,263. 10 Cornelius lots are currently under contract, a 42.9% increase from October.
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