Tag Archives: home prices
Cornelius Real Estate Market Update July 2016
July 2016 Cornelius Real Estate Market Update
Cornelius Homes
In July 2016 41 homes sold in the Cornelius area, a 31.7% decrease from the 60 homes sold in June. July 2016 sales figures decreased 12.8% from July 2015 when 47 homes sold in the Cornelius area.
The average sales price in Cornelius increased 9.5% from $561,431 in June to $614,766 in July. The July 2016 average sales price increased 19.9% from the July 2015 average sales price which was $512,792.
Average days on the market increased 82% from 45 days in June to 82 days on the market in July. The July 2015 average days on the market were 50, a 64% decrease in market time.
Currently there are 207 active homes for sale in the Cornelius MLS area, down 2.4% from July. The average list price is $940,136 up .08% from the July average list price of $939,337. 112 Cornelius homes are currently under contract, up .9% from July.
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Cornelius Condos & Townhomes
In July 2016 26 condos/townhomes sold in the Cornelius area, a 10.3% decrease from the 29 Cornelius condos or townhomes sold in June. July 2016 sales figures decreased 33% from June 2015 when 39 Cornelius condos sold.
The average sales price increased 29.4% from $179,859 in June 2016 to $232,756 in July 2016. The July 2016 average sales price increased 15.8% from the July 2015 average sales price which was $201,078.
Average days on the market decreased 6.7% from 48 in June to 45 in July. July 2015 average days on the market were 51, a decrease of 11.8%.
Currently there are 69 active condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 67 Cornelius condos for sale in July. The average list price is $239,212, down 3.1% from July’s average list price of $246,756. 43 Cornelius condos/townhomes are currently under contract, a 0% decrease from July.
Cornelius Lots
In July 2016 1 lots sold in the Cornelius area, a 75% decrease from the 4 Cornelius lots sold in June. July 2016 sales figures increased 0% from July 2015 when 1 Cornelius lots sold.
The average sales price decreased 80.4% from $921,250 in June to $180,500 in July. The July 2016 average sales price increased 137.5% from the July 2015 average sales price which was $76,000.
Average days on the market increased 445% from 62 in June to 338 in July. The July 2015 average days on the market were 172, a 96.5% increase in market time versus the same time period last year.
Currently there are 37 active lot listings in the Cornelius MLS area, an increase of 0% from July. The average list price is $753,854, up 6.8% from July’s average list price of $705,065. 14 Cornelius lots are currently under contract, a 16.7% increase from July.
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Cornelius Waterfront Real Estate Market Update June 2016
June 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In June 2016 8 Cornelius waterfront homes sold, a 60% increase from the 5 Cornelius waterfront homes sold in May. June 2016 waterfront sales figures increased 60% from June 2015 when 5 Cornelius waterfront homes sold.
The average sales price increased 17.7% from $1,349,000 in May to $1,587,813 in June. The June 2016 average sales price increased 26.5% from the June 2015 average sales price which was $1,255,000.
Average days on the market increased from 240 in May to 84 in June, a 65% decrease in market time. The June 2015 average days on the market were 133, a 36.8% decrease in market time.
Currently there are 87 active Cornelius waterfront homes listed in the MLS with 21 more under contract, up 50% from June. The average list price is $1,505,045 down 1.4% from June. The current lowest priced Cornelius waterfront home is listed at $599,900 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.
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Cornelius Waterfront Condos & Townhomes
In June 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 200% increase from the 2 Cornelius waterfront condos sold in May. June 2016 sales figures decreased 33% from June 2015 when 9 Cornelius waterfront condos sold.
The average sales price decreased 30% from $312,250 in May to $219,483 in June. The June 2016 average sales price decreased 12.6% from the June 2015 average sales price which was $251,028.
Average days on the market decreased 63.5% from 222 in May to 81 in June. The June 2015 average days on the market were 111, a 27% decrease in market time.
Currently there are 28 active Cornelius waterfront condos listed in the MLS with 11 more under contract, a 10% increase from June. The average list price is $318,204, up 2.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $149,900 and the highest priced Cornelius waterfront condo is listed at $485,000.
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Cornelius Waterfront Lots
In June 2016 4 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 2 Cornelius waterfront lot sold in May. June 2016 sales figures increased 100% from June 2015 when 2 Cornelius waterfront lots sold.
The June average sales price was $921,250, down 14% from the May average sales price which was $1,071,500. The average sales price increased 15.2% from the June 2015 average sales price of $800,000.
The average days on the market increased 377% from May, from 13 to 62 days on the market in June. Days on the market were up 520% from June 2015 when the average was 10 days on the market.
Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 0% from June. The average list price is $856,858, down 1.6% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,400,000.
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