Tag Archives: cornelius real estate
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.
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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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Cornelius Waterfront Real Estate Market Update May 2016
May 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In May 2016 5 Cornelius waterfront homes sold, a 16.7% decrease from the 6 Cornelius waterfront homes sold in April. May 2016 waterfront sales figures decreased 44.4% from May 2015 when 9 Cornelius waterfront homes sold.
The average sales price increased 58% from $851,917 in April to $1,349,000 in May. The May 2016 average sales price increased 28.6% from the May 2015 average sales price which was $1,048,750.
Average days on the market increased from 96 in April to 240 in May, a 150% increase in market time. The May 2015 average days on the market were 132, an 81.8% increase in market time.
Currently there are 88 active Cornelius waterfront homes listed in the MLS with 14 more under contract, down 6.7% from May. The average list price is $1,526,875 down 2.5% from May. 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 May 2016 2 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 33% decrease from the 3 Cornelius waterfront condos sold in April. May 2016 sales figures decreased 84.6% from May 2015 when 13 Cornelius waterfront condos sold.
The average sales price increased 129% from $137,917 in April to $315,250 in May. The May 2016 average sales price increased 26.9% from the May 2015 average sales price which was $248,462.
Average days on the market increased 1288% from 16 in April to 222 in May. The May 2015 average days on the market were 61, a 263% increase in market time.
Currently there are 36 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 67% increase from May. The average list price is $311,289, down 5.6% 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 $490,000.
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Cornelius Waterfront Lots
In May 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in April. The average sales price was $1,071,500, up 239% from the April average sales price which was $316,000. May 2016 sales figures decreased 33% from May 2015 when 3 Cornelius waterfront lots sold. The average sales price increased 39.3% from the May 2015 average sales price of $769,333.
The average days on the market decreased 75% from April, from 51 to 13 days on the market in May. Days on the market were down 95.2% from May 2015 when the average was 270 days on the market.
Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 50% from May. The average list price is $871,029, up 3.3% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.
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