Tag Archives: cornelius real estate
Cornelius Waterfront Real Estate Market Update August 2014
Cornelius Waterfront Real Estate Market Update
Cornelius Waterfront Homes
In August 2014 15 Cornelius waterfront homes sold, a 25% increase from the 12 waterfront homes sold in July 2014. August 2014 waterfront sales figures increased 150% from August 2013 when 6 Cornelius waterfront homes sold.
The average sales price increased 12.4% from $1,223,563 in July 2014 to $1,375,125 in August 2014. August 2014 average sales price increased 16% from the August 2013 average sales price which was $1,185,233.
Average days on the market increased from 102 in July 2014 to 157 in August 2014, a 53.9% increase in market time. August 2013 average days on the market were 161, a 2.5% decrease in market time.
Currently there are 78 Cornelius waterfront homes listed in the MLS with 12 of those under contract, down 7.7% from July. The average list price is $1,559,467, up .7% from July. The current lowest priced Cornelius waterfront home is listed at $369,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale
Cornelius Waterfront Condos & Townhomes
In August 2014 1 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 83.3% decrease from the 6 Cornelius waterfront condos sold in July 2014. August 2014 sales figures increased 66.7% from August 2013 when 3 waterfront condos sold.
The average sales price increased 1.1% from $276,833 in July 2014 to $280,000 in August 2014. August 2014 average sales price decreased 7.9% from the August 2013 average sales price which was $304,000.
Average days on the market increased 97.9% from 48 in July 2014 to 95 in August 2014. August 2013 average days on the market were 99, a 4% decrease in market time.
Currently there are 29 Cornelius waterfront condos listed in the MLS with 8 of those under contract, a 166.7% increase from July. The average list price is $241,653, down 6.1% from last month. The lowest priced Cornelius waterfront condo is listed at $124,900 and the highest priced Cornelius waterfront condo is listed at $455,000.
Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale
Cornelius Waterfront Lots
In August 2014 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lots sold in July 2014. The average sales price was $372,000, down 19.1% from the July average sales price which was $460,000. August 2014 sales figures increased 100% from August 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the August 2013 average sales price of $0.
The average days on the market decreased 23.3% from July, from 266 to 204 days on the market in August. Days on the market were down 12.8% from August 2013 when the average was 234 days on the market.
Currently there are 24 Cornelius waterfront lots listed in the MLS with 2 of those under contract. The average list price is $713,031, up 5.8% from last month. The lowest priced Cornelius waterfront lot is listed at $64,000 and the highest priced Cornelius waterfront lot is listed at $2,000,000.
Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale
Cornelius NC Real Estate Market Update August 2014
August 2014 Cornelius Real Estate Market Update
Cornelius Homes
In August 2014 68 homes sold in the Cornelius area, a 13.3% increase from the 60 homes sold in July. August 2014 sales figures increased 61.9% from August 2013 when 42 homes sold in the Cornelius area.
The average sales price decreased 2.2% from $545,157 in July to $533,292 in August. The August 2014 average sales price increased 15% from the August 2013 average sales price which was $463,594.
Average days on the market increased 8.2% from 61 days in July to 66 days on the market in August. August 2013 average days on the market were 89, a 25.8% decrease in market time.
Currently there are 204 homes for sale in the Cornelius MLS area, down 6% from July. The average list price is $739,245 down .5% from the July average list price of $743,250. 44 Cornelius homes are currently under contract, down 24.1% from July.
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In August 2014 21 condos/townhomes sold in the Cornelius area, a 22.2% decrease from the 27 condos or townhomes sold in July 2014. August 2014 sales figures increased 61.5% from August 2013 when 13 Cornelius condos sold.
The average sales price decreased 18.1% from $212,575 in July 2014 to $174,105 in August 2014. August 2014 average sales price decreased 10.1% from the August 2013 average sales price which was $194,263.
Average days on the market decreased 24.3% from 70 in July to 53 in August. August 2013 average days on the market were 101.
Currently there are 71 condo/townhomes for sale in the Cornelius MLS area,a 4% decrease from the 74 condos for sale in July. The average list price is $190,802, down 2.1% from July’s average list price of $194,825. 25 Cornelius condos/townhomes are currently under contract, a 0% decrease from July but a 47.1% increase from August 2013!
Cornelius Lots
In August 2014 4 lots sold in the Cornelius area, a 100% increase from the 2 lots sold in July. August 2014 sales figures increased 100% from August 2013 when 2 lots sold.
The average sales price increased 7.8% from $335,000 in July to $361,230 in August. August 2014 average sales price increased 197.9% from the August 2013 average sales price which was $121,250.
Average days on the market increased 40.2% from 266 in July to 373 in August. August 2013 average days on the market were 151, a 147.2% increase in market time versus the same time period last year.
Currently there are 48 lots for sale in the Cornelius MLS area. The average list price is $760,696, up 9.3% from July’s average list price of $695,883. 3 Cornelius area lots are currently under contract, a 0% decrease from July.
