Tag Archives: home prices
Cornelius Real Estate Market Update February 2017
Cornelius Real Estate Market Stats for February 2017
Cornelius Homes
In February 2017 21 homes sold in the Cornelius area, a 36.4% decrease from the 33 Cornelius homes sold in January 2017. February 2017 sales figuresdecreased 22.2% from February 2016 when 27 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 34.5% from $632,049 in January to $414,170 in February. The February 2017 average sales price decreased 25.4% from the February 2016 average sales price which was $555,096.
Average days on the market increased 74.5% from 47 days in January to 82 days on the market in February. The February 2016 average days on the market were 100, an 18% decrease in market time from one year ago.
Currently there are 168 active homes for sale in the Cornelius MLS area, up 10.5% from February. The average list price is $997,167 up 2.2% from the February average list price of $976,002. 103 Cornelius homes are currently under contract, up 35.5% from February. Based on these statistics, 8 months of inventory, we are currently in a balanced market in Cornelius.
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Cornelius Condos & Townhomes
In February 2017 21 condos/townhomes sold in the Cornelius area, a 10.5% increase from the 19 Cornelius condos or townhomes sold in January 2017. February 2017 sales figures decreased 12.5% from February 2016 when 24 Cornelius condos sold.
The average sales price increased 12.1% from $199,092 in January 2017 to $223,238 in February 2017. The February 2017 average sales price increased 38.1% from the February 2016 average sales price which was $161,693.
Average days on the market increased 16.7% from 48 in January to 56 in February. February 2016 average days on the market were 70, an increase of 20% market time from one year ago.
Currently there are 36 active condo/townhomes for sale in the Cornelius MLS area, a 14.3% decrease from the 42 Cornelius condos for sale in February. The average list price is $242,602, down 1.9% from February’s average list price of $247,313. 53 Cornelius condos/townhomes are currently under contract, a 17.8% increase from February. Based on these figures, 1.7 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In February 2017 3 lots sold in the Cornelius area, a 50% increase from the 2 Cornelius lots sold in January 2017. February 2017 sales figures increased 0% from February 2016 when 3 Cornelius lots sold.
The average sales price increased 47.8% from $352,500 in January to $520,917 in February. The February 2017 average sales price increased 20.5% from the February 2016 average sales price which was $432,333.
Average days on the market increased 8.7% from 183 in January to 199 in February. The February 2016 average days on the market were 314, a 36.6% decrease in market time versus the same time period last year.
Currently there are 25 active lot listings in the Cornelius MLS area, a decrease of 4% from February. The average list price is $1,237,596, up 57.1% from February’s average list price of $787,723. 9 Cornelius lots are currently under contract, a 12.5% increase from February. Based on these numbers, 8.3 months of inventory, we are in a balanced market for Cornelius lots for sale.
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Cornelius Waterfront Real Estate Market Update January 2017
Cornelius Waterfront Real Estate Stats for January 2017
Cornelius Waterfront Homes
In January 2017 6 Cornelius waterfront homes sold, a 25% decrease from the 8 Cornelius waterfront homes sold in December 2016. January 2017 waterfront sales figures increased 100% from January 2016 when 3 Cornelius waterfront homes sold.
The average sales price increased 27.2% from $1,398,625 in December to $1,778,750 in January. The January 2017 average sales price increased 37.8% from the January 2016 average sales price which was $1,291,000.
Average days on the market decreased from 224 in December to 59 in January, a 73.7% decrease in market time. The January 2016 average days on the market were 15, a 293.3% increase in market time.
Currently there are 59 active Cornelius waterfront homes listed in the MLS with 12 more under contract, up 0% from January. The average list price is $1,689,364 up 10% from January. The current lowest priced Cornelius waterfront home is listed at $589,500 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In January 2017 4 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 0% decrease from the 4 Cornelius waterfront condos sold in December 2016. January 2017 sales figures increased 300% from January 2016 when 1 Cornelius waterfront condos sold.
The average sales price increased .5% from $234,500 in December to $235,563 in January. The January 2017 average sales price increased 70.7% from the January 2016 average sales price which was $138,000.
Average days on the market increased 84.8% from 33 in December to 61 in January. The January 2016 average days on the market were 148, a 58.8% decrease in market time from one year ago.
Currently there are 7 active Cornelius waterfront condos listed in the MLS with 12 more under contract, a 100% increase from January. The average list price is 457,398, up 32.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $195,000 and the highest priced Cornelius waterfront condo is listed at $715,000.
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Cornelius Waterfront Lots
In January 2017 0 Cornelius waterfront lot sold in the Lake Norman area, a 200% decrease from the 2 Cornelius waterfront lots sold in December. January 2017 sales figures increased NA% from January 2016 when 0 Cornelius waterfront lots sold.
The January average sales price was $NA, down NA% from the December average sales price which was $1,300,000. The average sales price increased N/A% from the January 2016 average sales price of $N/A.
The average days on the market decreased NA% from December, from 65 to NA days on the market in January. Days on the market were up N/A% from January 2016 when the average was N/A days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the MLS with 4 others under contract, down 25% from January. The average list price is $995,214, up .8% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,850,000.
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