Tag Archives: cornelius property values
Cornelius Real Estate Market Update July 2016
July 2016 Cornelius Real Estate Market Update
Cornelius Homes
In July 2016 41 homes sold in the Cornelius area, a 31.7% decrease from the 60 homes sold in June. July 2016 sales figures decreased 12.8% from July 2015 when 47 homes sold in the Cornelius area.
The average sales price in Cornelius increased 9.5% from $561,431 in June to $614,766 in July. The July 2016 average sales price increased 19.9% from the July 2015 average sales price which was $512,792.
Average days on the market increased 82% from 45 days in June to 82 days on the market in July. The July 2015 average days on the market were 50, a 64% decrease in market time.
Currently there are 207 active homes for sale in the Cornelius MLS area, down 2.4% from July. The average list price is $940,136 up .08% from the July average list price of $939,337. 112 Cornelius homes are currently under contract, up .9% from July.
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Cornelius Condos & Townhomes
In July 2016 26 condos/townhomes sold in the Cornelius area, a 10.3% decrease from the 29 Cornelius condos or townhomes sold in June. July 2016 sales figures decreased 33% from June 2015 when 39 Cornelius condos sold.
The average sales price increased 29.4% from $179,859 in June 2016 to $232,756 in July 2016. The July 2016 average sales price increased 15.8% from the July 2015 average sales price which was $201,078.
Average days on the market decreased 6.7% from 48 in June to 45 in July. July 2015 average days on the market were 51, a decrease of 11.8%.
Currently there are 69 active condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 67 Cornelius condos for sale in July. The average list price is $239,212, down 3.1% from July’s average list price of $246,756. 43 Cornelius condos/townhomes are currently under contract, a 0% decrease from July.
Cornelius Lots
In July 2016 1 lots sold in the Cornelius area, a 75% decrease from the 4 Cornelius lots sold in June. July 2016 sales figures increased 0% from July 2015 when 1 Cornelius lots sold.
The average sales price decreased 80.4% from $921,250 in June to $180,500 in July. The July 2016 average sales price increased 137.5% from the July 2015 average sales price which was $76,000.
Average days on the market increased 445% from 62 in June to 338 in July. The July 2015 average days on the market were 172, a 96.5% increase 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 0% from July. The average list price is $753,854, up 6.8% from July’s average list price of $705,065. 14 Cornelius lots are currently under contract, a 16.7% increase from July.
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Cornelius Real Estate Market Update June 2016
June 2016 Cornelius Real Estate Market Update
Cornelius Homes
In June 2016 58 homes sold in the Cornelius area, an 11.5% increase from the 52 homes sold in May. June 2016 sales figures decreased 0% from June 2015 when 58 homes sold in the Cornelius area.
The average sales price in Cornelius increased 25.9% from $454,730 in May to $572,429 in June. The June 2016 average sales price increased 23.8% from the June 2015 average sales price which was $462,298.
Average days on the market decreased 24.6% from 61 days in May to 46 days on the market in June. The June 2015 average days on the market were 80, a 42.5% decrease in market time.
Currently there are 212 active homes for sale in the Cornelius MLS area, up 2% from June. The average list price is $939,337 down 3% from the June average list price of $968,882. 111 Cornelius homes are currently under contract, down 6.7% from June.
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 June 2016 28 condos/townhomes sold in the Cornelius area, a 0% increase from the 28 Cornelius condos or townhomes sold in May. June 2016 sales figures decreased 20% from June 2015 when 35 Cornelius condos sold.
The average sales price decreased 3.4% from $188,136 in May 2016 to $181,675 in June 2016. The June 2016 average sales price decreased 6.6% from the June 2015 average sales price which was $194,514.
Average days on the market increased 11% from 45 in May to 50 in June. June 2015 average days on the market were 55, a decrease of 9.1%.
Currently there are 67 active condo/townhomes for sale in the Cornelius MLS area, a 6.3% increase from the 63 Cornelius condos for sale in June. The average list price is $246,756, down 7.7% from June’s average list price of $267,342. 43 Cornelius condos/townhomes are currently under contract, a 2.3% decrease from June.
Cornelius Lots
In June 2016 4 lots sold in the Cornelius area, a 100% decrease from the 2 Cornelius lots sold in May. June 2016 sales figures increased 33% from June 2015 when 3 Cornelius lots sold.
The average sales price decreased 14% from $1,071,500 in May to $921,250 in June. The June 2016 average sales price increased 68.2% from the June 2015 average sales price which was $547,867.
Average days on the market increased 377% from 13 in May to 62 in June. The June 2015 average days on the market were 11, a 464% increase 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 0% from June. The average list price is $705,065, up 2.2% from June’s average list price of $690,095. 12 Cornelius lots are currently under contract, a 20% increase from June.
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