Tag Archives: cornelius real estate

Cornelius Real Estate Market Update July 2016

Cornelius Real Estate Market Update August 2014

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 Waterfront Real Estate Market Update June 2016

Cornelius Real Estate Market Update August 2014

June 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In June 2016 8 Cornelius waterfront homes sold, a 60% increase from the 5 Cornelius waterfront homes sold in May. June 2016 waterfront sales figures increased 60% from June 2015 when 5 Cornelius waterfront homes sold.

The average sales price increased 17.7% from $1,349,000 in May to $1,587,813 in June. The June 2016 average sales price increased 26.5% from the June 2015 average sales price which was $1,255,000.

Average days on the market increased from 240 in May to 84 in June, a 65% decrease in market time. The June 2015 average days on the market were 133, a 36.8% decrease in market time.

Currently there are 87 active Cornelius waterfront homes listed in the MLS with 21 more under contract, up 50% from June. The average list price is $1,505,045 down 1.4% from June. The current lowest priced Cornelius waterfront home is listed at $599,900 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.

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Cornelius Waterfront Condos & Townhomes
In June 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 200% increase from the 2 Cornelius waterfront condos sold in May. June 2016 sales figures decreased 33% from June 2015 when 9 Cornelius waterfront condos sold.

The average sales price decreased 30% from $312,250 in May to $219,483 in June. The June 2016 average sales price decreased 12.6% from the June 2015 average sales price which was $251,028.

Average days on the market decreased 63.5% from 222 in May to 81 in June. The June 2015 average days on the market were 111, a 27% decrease in market time.

Currently there are 28 active Cornelius waterfront condos listed in the MLS with 11 more under contract, a 10% increase from June. The average list price is $318,204, up 2.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $149,900 and the highest priced Cornelius waterfront condo is listed at $485,000.

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Cornelius Waterfront Lots
In June 2016 4 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 2 Cornelius waterfront lot sold in May. June 2016 sales figures increased 100% from June 2015 when 2 Cornelius waterfront lots sold.

The June average sales price was $921,250, down 14% from the May average sales price which was $1,071,500. The average sales price increased 15.2% from the June 2015 average sales price of $800,000.

The average days on the market increased 377% from May, from 13 to 62 days on the market in June. Days on the market were up 520% from June 2015 when the average was 10 days on the market.

Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 0% from June. The average list price is $856,858, down 1.6% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,400,000.

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