Tag Archives: home prices
Cornelius Real Estate Market Update June 2016
June 2016 Cornelius Real Estate Market Update
Cornelius Homes
In June 2016 58 homes sold in the Cornelius area, an 11.5% increase from the 52 homes sold in May. June 2016 sales figures decreased 0% from June 2015 when 58 homes sold in the Cornelius area.
The average sales price in Cornelius increased 25.9% from $454,730 in May to $572,429 in June. The June 2016 average sales price increased 23.8% from the June 2015 average sales price which was $462,298.
Average days on the market decreased 24.6% from 61 days in May to 46 days on the market in June. The June 2015 average days on the market were 80, a 42.5% decrease in market time.
Currently there are 212 active homes for sale in the Cornelius MLS area, up 2% from June. The average list price is $939,337 down 3% from the June average list price of $968,882. 111 Cornelius homes are currently under contract, down 6.7% from June.
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Cornelius Condos & Townhomes
In June 2016 28 condos/townhomes sold in the Cornelius area, a 0% increase from the 28 Cornelius condos or townhomes sold in May. June 2016 sales figures decreased 20% from June 2015 when 35 Cornelius condos sold.
The average sales price decreased 3.4% from $188,136 in May 2016 to $181,675 in June 2016. The June 2016 average sales price decreased 6.6% from the June 2015 average sales price which was $194,514.
Average days on the market increased 11% from 45 in May to 50 in June. June 2015 average days on the market were 55, a decrease of 9.1%.
Currently there are 67 active condo/townhomes for sale in the Cornelius MLS area, a 6.3% increase from the 63 Cornelius condos for sale in June. The average list price is $246,756, down 7.7% from June’s average list price of $267,342. 43 Cornelius condos/townhomes are currently under contract, a 2.3% decrease from June.
Cornelius Lots
In June 2016 4 lots sold in the Cornelius area, a 100% decrease from the 2 Cornelius lots sold in May. June 2016 sales figures increased 33% from June 2015 when 3 Cornelius lots sold.
The average sales price decreased 14% from $1,071,500 in May to $921,250 in June. The June 2016 average sales price increased 68.2% from the June 2015 average sales price which was $547,867.
Average days on the market increased 377% from 13 in May to 62 in June. The June 2015 average days on the market were 11, a 464% 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 June. The average list price is $705,065, up 2.2% from June’s average list price of $690,095. 12 Cornelius lots are currently under contract, a 20% increase from June.
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Cornelius Waterfront Real Estate Market Update May 2016
May 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In May 2016 5 Cornelius waterfront homes sold, a 16.7% decrease from the 6 Cornelius waterfront homes sold in April. May 2016 waterfront sales figures decreased 44.4% from May 2015 when 9 Cornelius waterfront homes sold.
The average sales price increased 58% from $851,917 in April to $1,349,000 in May. The May 2016 average sales price increased 28.6% from the May 2015 average sales price which was $1,048,750.
Average days on the market increased from 96 in April to 240 in May, a 150% increase in market time. The May 2015 average days on the market were 132, an 81.8% increase in market time.
Currently there are 88 active Cornelius waterfront homes listed in the MLS with 14 more under contract, down 6.7% from May. The average list price is $1,526,875 down 2.5% from May. 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 May 2016 2 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 33% decrease from the 3 Cornelius waterfront condos sold in April. May 2016 sales figures decreased 84.6% from May 2015 when 13 Cornelius waterfront condos sold.
The average sales price increased 129% from $137,917 in April to $315,250 in May. The May 2016 average sales price increased 26.9% from the May 2015 average sales price which was $248,462.
Average days on the market increased 1288% from 16 in April to 222 in May. The May 2015 average days on the market were 61, a 263% increase in market time.
Currently there are 36 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 67% increase from May. The average list price is $311,289, down 5.6% 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 $490,000.
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Cornelius Waterfront Lots
In May 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in April. The average sales price was $1,071,500, up 239% from the April average sales price which was $316,000. May 2016 sales figures decreased 33% from May 2015 when 3 Cornelius waterfront lots sold. The average sales price increased 39.3% from the May 2015 average sales price of $769,333.
The average days on the market decreased 75% from April, from 51 to 13 days on the market in May. Days on the market were down 95.2% from May 2015 when the average was 270 days on the market.
Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 50% from May. The average list price is $871,029, up 3.3% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.
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