Tag Archives: cornelius property values

Cornelius Real Estate Market Update April 2015

Cornelius Real Estate Market Update August 2014

April 2015 Cornelius Real Estate Market Update

Cornelius Homes
In April 2015 46 homes sold in the Cornelius area, a 39.4% increase from the 33 homes sold in March 2015. April 2015 sales figures increased 35.3% from April 2014 when 34 homes sold in the Cornelius area.

The average sales price increased 15% from $315,775 in March to $363,273 in April. The April 2015 average sales price decreased 6.7% from the April 2014 average sales price which was $389,467.

Average days on the market increased 6.5% from 62 days in March to 66 days on the market in April. The April 2014 average days on the market were 63, a 4.8% increase in market time.

Currently there are 269 homes for sale in the Cornelius MLS area, up 3% from April. The average list price is $738,986 up 2.6% from the April average list price of $720,583. 103 Cornelius homes are currently under contract, down 5.5% from April.

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Cornelius Condos & Townhomes
In April 2015 28 condos/townhomes sold in the Cornelius area, a 75% increase from the 16 condos or townhomes sold in March 2015. April 2015 sales figures increased 40% from April 2014 when 20 Cornelius condos sold.

The average sales price decreased 4.9% from $180,073 in March 2015 to $171,162 in April 2015. April 2015 average sales price increased 12.3% from the April 2014 average sales price which was $195,197.

Average days on the market increased 100% from 43 in March to 86 in April. April 2014 average days on the market were 71, an increase of 21.1%.

Currently there are 137 condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 133 Cornelius condos for sale in April. The average list price is $215,835, up 4.2% from April’s average list price of $207,231. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from April.

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Cornelius Lots
In April 2015 1 lot sold in the Cornelius area, a 50% decrease from the 2 lots sold in March. April 2015 sales figures decreased 66.7% from April 2014 when 3 Cornelius lots sold.

The average sales price decreased 12.9% from $422,700 in March to $368,000 in April. April 2015 average sales price increased 56.6% from the April 2014 average sales price which was $235,000.

Average days on the market decreased 99% from 374 in March to 1 in April. April 2014 average days on the market were 151, a 99% decrease in market time versus the same time period last year.

Currently there are 51 lots for sale in the Cornelius MLS area, a decrease of 3.8% from April. The average list price is $617,833, down 3.9% from April’s average list price of $642,766. 10 Cornelius lots are currently under contract, a 25% increase from April.

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Cornelius Real Estate Market Update March 2015

Cornelius Real Estate Market Update August 2014

March 2015 Cornelius Real Estate Market Update

Cornelius Homes
In March 2015 33 homes sold in the Cornelius area, a 65% increase from the 20 homes sold in February 2015. March 2015 sales figures increased 6.5% from March 2014 when 31 homes sold in the Cornelius area.

The average sales price decreased 42.6% from $549,800 in February to $315,775 in March. The March 2015 average sales price decreased 37% from the March 2014 average sales price which was $501,162.

Average days on the market decreased 22.5% from 80 days in February to 62 days on the market in March. The March 2014 average days on the market were 102, a 39.2% decrease in market time.

Currently there are 269 homes for sale in the Cornelius MLS area, up 9.3% from February. The average list price is $720,583 up 1% from the February average list price of $713,758. 109 Cornelius homes are currently under contract, up 51.4% from February!

It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com

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Cornelius Condos & Townhomes
In March 2015 16 condos/townhomes sold in the Cornelius area, a 5.9% decrease from the 17 condos or townhomes sold in February 2015. March 2015 sales figures decreased 5.9% from March 2014 when 17 Cornelius condos sold.

The average sales price decreased 2.3% from $184,269 in February 2015 to $180,073 in March 2015. March 2015 average sales price increased 9% from the March 2014 average sales price which was $165,180.

Average days on the market decreased 51.1% from 88 in February to 43 in March. March 2014 average days on the market were 143, a decrease of 69.9%.

Currently there are 133 condo/townhomes for sale in the Cornelius MLS area, a 30.4% increase from the 102 Cornelius condos for sale in February. The average list price is $207,231, down .8% from February’s average list price of $208,938. 49 Cornelius condos/townhomes are currently under contract, a 53% increase from February!

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Cornelius Lots
In March 2015 2 lots sold in the Cornelius area, a 100% decrease from the 1 lots sold in February. March 2015 sales figures increased 1000% from March 2014 when 0 Cornelius lots sold.

The average sales price increased 370% from $90,000 in February to $422,700 in March. March 2015 average sales price increased 100% from the March 2014 average sales price which was $N/A.

Average days on the market increased 125% from 166 in February to 374 in March. March 2014 average days on the market were N/A, a N/A% decrease in market time versus the same time period last year.

Currently there are 53 lots for sale in the Cornelius MLS area, an increase of 47.2% from February. The average list price is $642,766, down 7.9% from February’s average list price of $698,097. 8 Cornelius lots are currently under contract, a 33% increase from February.

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