Cornelius NC Real Estate

February 2015 Cornelius Real Estate Market Update

Cornelius Homes
In February 2015 20 homes sold in the Cornelius area, a 11.1% increase from the 18 homes sold in January 2015. February 2015 sales figures increased 5.3% from February 2014 when 19 homes sold in the Cornelius area.

The average sales price increased 14.5% from $480,388 in January to $549,800 in February. The February 2015 average sales price increased 73.6% from the February 2014 average sales price which was $316,761.

Average days on the market increased 1.3% from 79 days in January to 80 days on the market in February. The February 2014 average days on the market were 90, an 11.1% decrease in market time.

Currently there are 246 homes for sale in the Cornelius MLS area, up 8.8% from January. The average list price is $713,758 down .7% from the January average list price of $718,442. 72 Cornelius homes are currently under contract, up 10.8% from January.

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Cornelius Condos & Townhomes
In February 2015 17 condos/townhomes sold in the Cornelius area, a 41.7% increase from the 12 condos or townhomes sold in January 2015. February 2015 sales figures increased 112.5% from February 2014 when 8 Cornelius condos sold.

The average sales price increased 4.4% from $176,505 in January 2014 to $184,269 in February 2015. February 2015 average sales price decreased 9.1% from the February 2014 average sales price which was $202,800.

Average days on the market decreased 12% from 100 in January to 88 in February. February 2014 average days on the market were 76, an increase of 15.8%.

Currently there are 102 condo/townhomes for sale in the Cornelius MLS area,a 4.7% decrease from the 107 Cornelius condos for sale in January. The average list price is $208,938, up 3.8% from January’s average list price of $201,312. 32 Cornelius condos/townhomes are currently under contract, a 0% increase from January.

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Cornelius Lots
In February 2015 1 lot sold in the Cornelius area, a 83.3% decrease from the 6 lots sold in January. February 2015 sales figures decreased 50% from February 2014 when 2 Cornelius lots sold.

The average sales price decreased 78.9% from $425,533 in January to $90,000 in February. February 2015 average sales price increased 210.9% from the February 2014 average sales price which was $28,950.

Average days on the market increased 27.7% from 130 in January to 166 in February. February 2014 average days on the market were 180, a 7.8% decrease in market time versus the same time period last year.

Currently there are 36 lots for sale in the Cornelius MLS area, an increase of 2.9% from January. The average list price is $698,097, down 1.3% from January’s average list price of $707,360. 6 Cornelius lots are currently under contract, a 20% increase from January.

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