Tag Archives: cornelius real estate
Cornelius Real Estate Market Update April 2016
April 2016 Cornelius Real Estate Market Update
Cornelius Homes
In April 2016 38 homes sold in the Cornelius area, an 24% decrease from the 50 homes sold in March. April 2016 sales figures decreased 29.6% from April 2015 when 55 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 7% from $475,861 in March to $442,741 in April. The April 2016 average sales price increased 9.9% from the April 2015 average sales price which was $402,688.
Average days on the market decreased 16.7% from 72 days in March to 60 days on the market in April. The April 2015 average days on the market were 64, a 6.3% decrease in market time.
Currently there are 166 active homes for sale in the Cornelius MLS area, up 5.7% from April. The average list price is $1,038,423 down 3.8% from the April average list price of $1,079,328. 128 Cornelius homes are currently under contract, up 13.3% from April.
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Cornelius Condos & Townhomes
In April 2016 22 condos/townhomes sold in the Cornelius area, a 4.3% decrease from the 23 Cornelius condos or townhomes sold in March. April 2016 sales figures decreased 31.3% from April 2015 when 32 Cornelius condos sold.
The average sales price decreased 17% from $205,978 in March 2016 to $170,991 in April 2016. The April 2016 average sales price increased 5.8% from the April 2015 average sales price which was $161,580.
Average days on the market decreased 69.3% from 75 in March to 23 in April. April 2015 average days on the market were 73, a decrease of 68.5%.
Currently there are 63 active condo/townhomes for sale in the Cornelius MLS area, a 1.6% increase from the 62 Cornelius condos for sale in April. The average list price is $276,226, down .7% from April’s average list price of $278,037. 49 Cornelius condos/townhomes are currently under contract, a 5.8% decrease from April.
Cornelius Lots
In April 2016 2 lots sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in March. April 2016 sales figures decreased 33% from April 2015 when 3 Cornelius lots sold.
The average sales price decreased 53.1% from $416,667 in March to $195,500 in April. The April 2016 average sales price decreased 30.8% from the April 2015 average sales price which was $282,667.
Average days on the market decreased 30.6% from 170 in March to 118 in April. The April 2015 average days on the market were 65, an 81.5% increase in market time versus the same time period last year.
Currently there are 34 active lot listings in the Cornelius MLS area, an increase of 21.4% from April. The average list price is $660,118, down 8.9% from April’s average list price of $724,804. 13 Cornelius lots are currently under contract, an 8.3% increase from April.
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Cornelius Waterfront Real Estate Market Update March 2016
March 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In March 2016 5 Cornelius waterfront homes sold, a 25% increase from the 4 Cornelius waterfront homes sold in February. March 2016 waterfront sales figures increased 25% from March 2015 when 4 Cornelius waterfront homes sold.
The average sales price increased 4.3% from $1,414,750 in February to $1,475,000 in March. The March 2016 average sales price increased 120% from the March 2015 average sales price which was $668,863.
Average days on the market decreased from 172 in February to 65 in March, a 62% decrease in market time. The March 2015 average days on the market were 94, a 30.9% decrease in market time.
Currently there are 72 active Cornelius waterfront homes listed in the MLS with 13 more under contract, up 117% from March. The average list price is $1,633,440 down 3.2% from March. The current lowest priced Cornelius waterfront home is listed at $625,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In March 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 20% increase from the 5 Cornelius waterfront condos sold in February. March 2016 sales figures increased 200% from March 2015 when 2 Cornelius waterfront condos sold.
The average sales price increased 30.7% from $199,100 in February to $260,217 in March. The March 2016 average sales price decreased 8.7% from the March 2015 average sales price which was $285,000.
Average days on the market decreased 44.3% from 106 in February to 59 in March. The March 2015 average days on the market were 10, a 41.6% decrease in market time.
Currently there are 36 active Cornelius waterfront condos listed in the MLS with 4 more under contract, a 43% decrease from March. The average list price is $337,144, down 2.5% from last month. The lowest priced activeCornelius waterfront condo is listed at $175,000 and the highest priced Cornelius waterfront condo is listed at $725,000.
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Cornelius Waterfront Lots
In March 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in February. The average sales price was $925,000, down N/A% from the February average sales price which was $N/A. March 2016 sales figures decreased 0% from March 2015 when 1 Cornelius waterfront lot sold. The average sales price increased 23.8% from the March 2015 average sales price of $746,900.
The average days on the market decreased N/A% from February, from N/A to 403 days on the market in March. Days on the market were down 45.9% from March 2015 when the average was 745 days on the market.
Currently there are 16 active Cornelius waterfront lots listed in the MLS with 7 under contract, up 75% from March. The average list price is $977,825, up 9.7% from last month. The lowest priced Cornelius waterfront lot is listed at $335,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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