Tag Archives: cornelius real estate
Cornelius Real Estate Market Update June 2017
Cornelius Real Estate Market Stats for June 2017
Cornelius Homes
In June 2017 73 homes sold in the Cornelius area, a 37.7% increase from the 53 Cornelius homes sold in May 2017 and the highest total sales since June 2006. June 2017 sales figures increased 21.7% from June 2016 when 60 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 7% from $606,700 in May to $564,433 in June. The June 2017 average sales price increased .5% from the June 2016 average sales price which was $561,431.
Average days on the market decreased 20.8% from 77 days in May to 61 days on the market in June. The June 2016 average days on the market were 45, a 35.6% increase in market time from one year ago.
Currently there are 189 active homes for sale in the Cornelius MLS area, down 3.6% from June. The average list price is $1,028,261 up 10.6% from the June average list price of $929,595. 88 Cornelius homes are currently under contract, down 20% from June. Based on these statistics, 2.6 months of inventory, we are currently in a sellers market in Cornelius.
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 2017 34 condos/townhomes sold in the Cornelius area, a 10.5% decrease from the 38 Cornelius condos or townhomes sold in May 2017. June 2017 sales figures increased 13.3% from June 2016 when 30 Cornelius condos sold.
The average sales price increased 10.3% from $196,947 in May 2017 to $217,172 in June 2017. The June 2017 average sales price increased 21.3% from the June 2016 average sales price which was $179,030.
Average days on the market decreased 0% from 31 in May to 31 in June. June 2016 average days on the market were 45, a decrease of 34% market time from one year ago.
Currently there are 25 active condo/townhomes for sale in the Cornelius MLS area, a 38.9% increase from the 18 Cornelius condos for sale in June. The average list price is $281,308, up 6.5% from June’s average list price of $264,205. 45 Cornelius condos/townhomes are currently under contract, a 16.7% decrease from June. Based on these figures, .7 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In June 2017 2 lots sold in the Cornelius area, a 200% increase from the 0 Cornelius lots sold in May 2017. June 2017 sales figures decreased 50% from June 2016 when 4 Cornelius lots sold.
The average sales price increased NA% from $NA in May to $1,250,000 in June. The June 2017 average sales price increased 35.7% from the June 2016 average sales price which was $921,250.
Average days on the market increased NA% from NA in May to 28 in June. The June 2016 average days on the market were 68, an 54.8% decrease in market time versus the same time period last year.
Currently there are 30 active lot listings in the Cornelius MLS area, an increase of 3.4% from June. The average list price is $1,214,795, up 10.4% from June’s average list price of $1,100,479. 8 Cornelius lots are currently under contract, a 0% increase from June. Based on these numbers, 15 months of inventory, we are in a buyers market for Cornelius lots for sale.
Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates
Cornelius Waterfront Real Estate Market Update May 2017
Cornelius Waterfront Real Estate Stats for May 2017
Cornelius Waterfront Homes
In May 2017 8 Cornelius waterfront homes sold, a 60% increase from the 5 Cornelius waterfront homes sold in April 2017. May 2017 waterfront sales figures increased 60% from May 2016 when 5 Cornelius waterfront homes sold.
The average sales price increased 31% from $1,096,255 in April to $1,435,813 in May. The May 2017 average sales price increased 6.4% from the May 2016 average sales price which was $1,349,000.
Average days on the market increased from 226 in April to 106 in May, a 53.1% decrease in market time. The May 2016 average days on the market were 240, a 55.8% decrease in market time.
Currently there are 75 active Cornelius waterfront homes listed in the MLS, up 5.6% from May, with 22 more under contract, up 15.8% from May. The average list price is $1,628,369 down 5.9% from May. The current lowest priced Cornelius waterfront home is listed at $535,000 and the current highest priced active Cornelius waterfront home is listed at $4,675,000.
Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale
Stay up to date on the Cornelius real estate market with our free market updates: Free Cornelius Real Estate Market Updates
Cornelius Waterfront Condos & Townhomes
In May 2017 8 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 60% increase from the 5 Cornelius waterfront condos sold in April 2017. May 2017 sales figures increased 300% from May 2016 when 2 Cornelius waterfront condos sold.
The average sales price decreased 42% from $452,000 in April to $262,063 in May. The May 2017 average sales price decreased 16.% from the May 2016 average sales price which was $315,250.
Average days on the market decreased 24.3% from 74 in April to 56 in May. The May 2016 average days on the market were 222, a 74.8% decrease in market time from one year ago.
Currently there are 6 active Cornelius waterfront condos listed in the MLS, a 50% decrease from May with 15 more under contract, up 36.4% from May. The average list price is $358,817, up 1.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $172,900 and the highest priced Cornelius waterfront condo is listed at $659,000.
Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Waterfront Lots
In May 2017 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 2 Cornelius waterfront lots sold in April 2017. May 2017 sales figures decreased 100% from May 2016 when 2 Cornelius waterfront lots sold.
The May average sales price was $NA, down NA% from the April average sales price which was $862,500. The average sales price increased NA% from the May 2016 average sales price of $1,071,500.
The average days on the market decreased NA% from April, from 241 to NA days on the market in May. Days on the market were up NA% from May 2016 when the average was 13 days on the market.
Currently there are 16 active Cornelius waterfront lots listed in the MLS , down 11.1% from May, with 5 others under contract. The average list price is $834,438 down 9% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,295,000.
Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
