Tag Archives: cornelius real estate
Cornelius Real Estate Market Update September 2016
September 2016 Cornelius Real Estate Market Update
Cornelius Homes
In September 2016 52 homes sold in the Cornelius area, a 10.3% decrease from the 58 homes sold in August. September 2016 sales figures increased 18.2% from September 2015 when 44 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 19.4% from $639,680 in August to $515,508 in September. The September 2016 average sales price decreased 15.3% from the September 2015 average sales price which was $608,683.
Average days on the market decreased 32.4% from 74 days in August to 50 days on the market in September. The September 2015 average days on the market were 60, a 16.7% decrease in market time.
Currently there are 194 active homes for sale in the Cornelius MLS area, down 6.7% from September. The average list price is $915,443 up 2.2% from the September average list price of $895,638. 94 Cornelius homes are currently under contract, down 2.1% from September.
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Cornelius Condos & Townhomes
In September 2016 36 condos/townhomes sold in the Cornelius area, a 38.5% increase from the 26 Cornelius condos or townhomes sold in August. September 2016 sales figures decreased 12.2% from September 2015 when 41 Cornelius condos sold.
The average sales price increased 6.9% from $185,717 in August 2016 to $198,575 in September 2016. The September 2016 average sales price increased 5.5% from the September 2015 average sales price which was $188,171.
Average days on the market increased 0% from 45 in August to 57 in September. September 2015 average days on the market were 49, an increase of 16.3% market time.
Currently there are 57 active condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 57 Cornelius condos for sale in September. The average list price is $252,258, up 4.1% from September’s average list price of $242,284. 39 Cornelius condos/townhomes are currently under contract, a 22% decrease from September.
Cornelius Lots
In September 2016 3 lots sold in the Cornelius area, a 0% increase from the 3 Cornelius lots sold in August. September 2016 sales figures increased 0% from September 2015 when 3 Cornelius lots sold.
The average sales price increased 79.1% from $397,333 in August to $711,667 in September. The September 2016 average sales price decreased 6.2% from the September 2015 average sales price which was $758,667.
Average days on the market decreased 72.7% from 326 in August to 89 in September. The September 2015 average days on the market were 71, a 25.4% increase in market time versus the same time period last year.
Currently there are 35 active lot listings in the Cornelius MLS area, a decrease of 2.8% from September. The average list price is $773,263, down 2.8% from September’s average list price of $795,131. 7 Cornelius lots are currently under contract, a 46.2% decrease from September.
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Cornelius Waterfront Real Estate Market Update August 2016
August 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In August 2016 14 Cornelius waterfront homes sold, a 133% increase from the 6 Cornelius waterfront homes sold in July. August 2016 waterfront sales figures increased 133% from August 2015 when 6 Cornelius waterfront homes sold.
The average sales price decreased 27.2% from $2,028,333 in July to $1,477,357 in August. The August 2016 average sales price increased 20.4% from the August 2015 average sales price which was $1,226,944.
Average days on the market increased from 239 in July to 161 in August, a 32.6% decrease in market time. The August 2015 average days on the market were 125, a 28.8% increase in market time.
Currently there are 80 active Cornelius waterfront homes listed in the MLS with 17 more under contract, down 10.5% from August. The average list price is $1,463,779 down 1.1% from August. The current lowest priced Cornelius waterfront home is listed at $524,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In August 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 37.5% decrease from the 8 Cornelius waterfront condos sold in July. August 2016 sales figures increased 25% from August 2015 when 4 Cornelius waterfront condos sold.
The average sales price decreased 4.1% from $280,375 in July to $268,900 in August. The August 2016 average sales price decreased 8.7% from the August 2015 average sales price which was $294,500.
Average days on the market increased 65.6% from 61 in July to 101 in August. The August 2015 average days on the market were 93, an 8.6% increase in market time.
Currently there are 18 active Cornelius waterfront condos listed in the MLS with 12 more under contract, a 33% increase from August. The average list price is $320,878, up .7% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $725,000.
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Cornelius Waterfront Lots
In August 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lot sold in July. August 2016 sales figures increased 0% from August 2015 when 1 Cornelius waterfront lots sold.
The August average sales price was $940,000, down NA% from the July average sales price which was $NA. The average sales price increased 39.3% from the August 2015 average sales price of $675,000.
The average days on the market increased NA% from July, from NA to 327 days on the market in August. Days on the market were up 6440% from August 2015 when the average was 5 days on the market.
Currently there are 22 active Cornelius waterfront lots listed in the MLS with 6 under contract, down 14.3% from August. The average list price is $910,564, up 4.8% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,875,000.
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