Tag Archives: cornelius real estate
Cornelius Real Estate Market Update March 2016
March 2016 Cornelius Real Estate Market Update
Cornelius Homes
In March 2016 50 homes sold in the Cornelius area, an 85% increase from the 27 homes sold in February. March 2016 sales figures increased 56.3% from March 2015 when 32 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 14.3% from $555,096 in February to $475,861 in March. The March 2016 average sales price increased 58.3% from the March 2015 average sales price which was $300,652.
Average days on the market decreased 28% from 100 days in February to 72 days on the market in March. The March 2015 average days on the market were 62, a 16.1% increase in market time.
Currently there are 157 active homes for sale in the Cornelius MLS area, up 15.4% from March. The average list price is $1,079,328 up 1.6% from the March average list price of $1,062,036. 113 Cornelius homes are currently under contract, up 19% from March.
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Cornelius Condos & Townhomes
In March 2016 23 condos/townhomes sold in the Cornelius area, a 4.2% decrease from the 24 Cornelius condos or townhomes sold in February. March 2016 sales figures increased 53.3% from March 2015 when 15 Cornelius condos sold.
The average sales price increased 27.4% from $161,693 in February 2016 to $205,978 in March 2016. The March 2016 average sales price increased 7.3% from the March 2015 average sales price which was $191,918.
Average days on the market increased 7.1% from 70 in February to 75 in March. March 2015 average days on the market were 54, an increase of 38.9%.
Currently there are 62 active condo/townhomes for sale in the Cornelius MLS area, a 19% increase from the 52 Cornelius condos for sale in March. The average list price is $278,037, up 5.5% from March’s average list price of $263,454. 52 Cornelius condos/townhomes are currently under contract, an 18.2% increase from March.
Cornelius Lots
In March 2016 3 lots sold in the Cornelius area, a 0% decrease from the 3 Cornelius lots sold in February. March 2016 sales figures increased 50% from March 2015 when 2 Cornelius lots sold.
The average sales price decreased 3.6% from $432,333 in February to $416,667 in March. The March 2016 average sales price decreased 1.4% from the March 2015 average sales price which was $422,700.
Average days on the market decreased 45.9% from 314 in February to 170 in March. The March 2015 average days on the market were 375, an 54.7% decrease in market time versus the same time period last year.
Currently there are 28 active lot listings in the Cornelius MLS area, an increase of 16.7% from March. The average list price is $724,804, up 2.4% from March’s average list price of $707,696. 12 Cornelius lots are currently under contract, a 0% increase from March.
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Cornelius Waterfront Real Estate Market Update February 2016
February 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In February 2016 4 Cornelius waterfront homes sold, a 33% increase from the 3 Cornelius waterfront homes sold in January. February 2016 waterfront sales figures increased 0% from February 2015 when 4 Cornelius waterfront homes sold.
The average sales price increased 9.6% from $1,291,000 in January to $1,414,750 in February 2016. The February 2016 average sales price decreased 9.8% from the February 2015 average sales price which was $1,568,750.
Average days on the market increased from 15 in January to 172 in February 2016, a 1046% increase in market time. The February 2015 average days on the market were 115, a 49.6% increase in market time.
Currently there are 59 active Cornelius waterfront homes listed in the MLS with 6 more under contract, down 45.5% from February. The average list price is $1,687,697 up 4.3% from February. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In February 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 400% increase from the 1 Cornelius waterfront condos sold in January. February 2016 sales figures increased 66.7% from February 2015 when 3 Cornelius waterfront condos sold.
The average sales price increased 44.3% from $138,000 in January to $199,100 in February. The February 2016 average sales price decreased 7% from the February 2015 average sales price which was $214,167.
Average days on the market decreased 28.4% from 148 in January to 106 in February. The February 2015 average days on the market were 68, a 55.9% increase in market time.
Currently there are 26 active Cornelius waterfront condos listed in the MLS with 7 more under contract, a 16.7% increase from February. The average list price is $345,831, up 4% from last month. The lowest priced activeCornelius waterfront condo is listed at $139,000 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In February 2016 0 Cornelius waterfront lot sold in the Lake Norman area, a N/A% decrease from the 0 Cornelius waterfront lots sold in January. The average sales price was $N/A, down N/A% from the January average sales price which was $N/A. February 2016 sales figures decreased N/A% from February 2015 when 0 Cornelius waterfront lot sold. The average sales price decreased N/A% from the February 2015 average sales price of $N/A.
The average days on the market decreased N/A% from January, from N/A to N/A days on the market in February. Days on the market were up N/A% from February 2015 when the average was N/A days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the MLS with 4 under contract, up 100% from February. The average list price is $891,279, down 5.8% 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.
Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale
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