Tag Archives: cornelius real estate
Cornelius Waterfront Real Estate Market Update January 2015
Cornelius Waterfront Homes
In January 2015 3 Cornelius waterfront homes sold, a 40% decrease from the 5 Cornelius waterfront homes sold in December 2014. January 2015 waterfront sales figures increased 50% from January 2014 when 2 Cornelius waterfront homes sold.
The average sales price increased 3.8% from $1,326,000 in December 2014 to $1,375,833 in January 2015. The January 2015 average sales price decreased 4.7% from the January 2014 average sales price which was $1,444,000.
Average days on the market increased from 135 in December 2014 to 162 in January 2015, an 20% increase in market time. January 2014 average days on the market were 324, a 50% decrease in market time.
Currently there are 58 Cornelius waterfront homes listed in the MLS with 7 of those under contract, up 250% from December. The average list price is $1,451,401 down 7.2% from December. The current lowest priced Cornelius waterfront home is listed at $475,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In January 2015 2 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 0% decrease from the 2 Cornelius waterfront condos sold in December 2014. January 2015 sales figures decreased 50% from January 2014 when 4 Cornelius waterfront condos sold.
The average sales price decreased 32.5% from $389,000 in December 2014 to $262,500 in January 2015. January 2015 average sales price decreased 14.7% from the January 2014 average sales price which was $307,562.
Average days on the market increased 115% from 20 in December 2014 to 43 in January 2015. January 2014 average days on the market were 159, a 73% decrease in market time.
Currently there are 36 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 2.9% increase from December. The average list price is $251,394, up 2.3% from last month. The lowest priced Cornelius waterfront condo is listed at $125,000 and the highest priced Cornelius waterfront condo is listed at $495,000.
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Cornelius Waterfront Lots
In January 2015 3 Cornelius waterfront lots sold in the Lake Norman area, a 50% increase from the 2 Cornelius waterfront lots sold in December 2014. The average sales price was $741,667, up 12.5% from the December average sales price which was $659,500. January 2015 sales figures increased 0% from January 2014 when 3 Cornelius waterfront lots sold. The average sales price increased 82.1% from the January 2014 average sales price of $407,333.
The average days on the market increased 197% from December, from 66 to 196 days on the market in January. Days on the market were down 16.2% from January 2014 when the average was 234 days on the market.
Currently there are 15 Cornelius waterfront lots listed in the MLS with 4 of those under contract, up 100% from December. The average list price is $955,040, up 9.6% from last month. The lowest priced Cornelius waterfront lot is listed at $325,000 and the highest priced Cornelius waterfront lot is listed at $2,350,000.
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Cornelius Real Estate Market Update January 2015
Cornelius Homes
In January 2015 18 homes sold in the Cornelius area, a 63.3% decrease from the 49 homes sold in December 2014 and the lowest January total since 2009! January 2015 sales figures decreased 18.2% from January 2014 when 22 homes sold in the Cornelius area.
The average sales price increased 10.5% from $434,741 in December to $480,388 in January. The January 2015 average sales price increased 19.2% from the January 2014 average sales price which was $402,943.
Average days on the market increased 19.7% from 66 days in December to 79 days on the market in January. January 2014 average days on the market were 92, a 14.1% decrease in market time.
Currently there are 226 homes for sale in the Cornelius MLS area, up 13% from December. The average list price is $718,442 down 5.2% from the December average list price of $757,510. 65 Cornelius homes are currently under contract, up 47.7% from December.
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Cornelius Condos & Townhomes
In January 2015 12 condos/townhomes sold in the Cornelius area, a 20% decrease from the 15 condos or townhomes sold in December 2014. January 2015 sales figures increased 9.1% from January 2014 when 11 Cornelius condos sold.
The average sales price decreased 4.5% from $184,741 in December 2014 to $176,505 in January 2015. January 2015 average sales price decreased 10.3% from the January 2014 average sales price which was $196,841.
Average days on the market increased 92.3% from 52 in December to 100 in January. January 2014 average days on the market were 140, a decrease of 28.6%.
Currently there are 107 condo/townhomes for sale in the Cornelius MLS area,a 9.2% increase from the 98 Cornelius condos for sale in December. The average list price is $201,312, down 1.7% from December’s average list price of $204,854. 32 Cornelius condos/townhomes are currently under contract, a 14.3% increase from December.
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Cornelius Lots
In January 2015 6 lots sold in the Cornelius area, a 200% increase from the 2 lots sold in December. January 2015 sales figures increased 50% from January 2014 when 4 Cornelius lots sold.
The average sales price decreased 35.5% from $659,500 in December to $425,533 in January. January 2015 average sales price increased 21.4% from the January 2014 average sales price which was $350,625.
Average days on the market increased 97% from 66 in December to 130 in January. January 2014 average days on the market were 238, a 83.1% decrease in market time versus the same time period last year.
Currently there are 35 lots for sale in the Cornelius MLS area, a decrease of .7% from December. The average list price is $707,360, up 5.8% from December’s average list price of $668,503. 5 Cornelius lots are currently under contract, a 0% decrease from December.
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