Tag Archives: home prices
Cornelius Real Estate Market Update April 2015
April 2015 Cornelius Real Estate Market Update
Cornelius Homes
In April 2015 46 homes sold in the Cornelius area, a 39.4% increase from the 33 homes sold in March 2015. April 2015 sales figures increased 35.3% from April 2014 when 34 homes sold in the Cornelius area.
The average sales price increased 15% from $315,775 in March to $363,273 in April. The April 2015 average sales price decreased 6.7% from the April 2014 average sales price which was $389,467.
Average days on the market increased 6.5% from 62 days in March to 66 days on the market in April. The April 2014 average days on the market were 63, a 4.8% increase in market time.
Currently there are 269 homes for sale in the Cornelius MLS area, up 3% from April. The average list price is $738,986 up 2.6% from the April average list price of $720,583. 103 Cornelius homes are currently under contract, down 5.5% from April.
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Cornelius Condos & Townhomes
In April 2015 28 condos/townhomes sold in the Cornelius area, a 75% increase from the 16 condos or townhomes sold in March 2015. April 2015 sales figures increased 40% from April 2014 when 20 Cornelius condos sold.
The average sales price decreased 4.9% from $180,073 in March 2015 to $171,162 in April 2015. April 2015 average sales price increased 12.3% from the April 2014 average sales price which was $195,197.
Average days on the market increased 100% from 43 in March to 86 in April. April 2014 average days on the market were 71, an increase of 21.1%.
Currently there are 137 condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 133 Cornelius condos for sale in April. The average list price is $215,835, up 4.2% from April’s average list price of $207,231. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from April.
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Cornelius Lots
In April 2015 1 lot sold in the Cornelius area, a 50% decrease from the 2 lots sold in March. April 2015 sales figures decreased 66.7% from April 2014 when 3 Cornelius lots sold.
The average sales price decreased 12.9% from $422,700 in March to $368,000 in April. April 2015 average sales price increased 56.6% from the April 2014 average sales price which was $235,000.
Average days on the market decreased 99% from 374 in March to 1 in April. April 2014 average days on the market were 151, a 99% decrease in market time versus the same time period last year.
Currently there are 51 lots for sale in the Cornelius MLS area, a decrease of 3.8% from April. The average list price is $617,833, down 3.9% from April’s average list price of $642,766. 10 Cornelius lots are currently under contract, a 25% increase from April.
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Cornelius Waterfront Real Estate Market Update March 2015
March 2015 Cornelius Waterfront Market Update
Cornelius Waterfront Homes
In March 2015 4 Cornelius waterfront homes sold, a 0% increase from the 4 Cornelius waterfront homes sold in February 2015. March 2015 waterfront sales figures decreased 20% from March 2014 when 5 Cornelius waterfront homes sold.
The average sales price decreased 57.4% from $1,568,750 in February to $668,862 in March 2015. The March 2015 average sales price decreased 48.8% from the March 2014 average sales price which was $1,305,367.
Average days on the market decreased from 115 in February to 94 in March 2015, a 18.3% decrease in market time. March 2014 average days on the market were 103, a 8.7% decrease in market time.
Currently there are 63 Cornelius waterfront homes listed in the MLS with 11 of those under contract, up 57% from February. The average list price is $1,549,136 up 1.7% from February. The current lowest priced Cornelius waterfront home is listed at $462,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In March 2015 1 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 67% decrease from the 3 Cornelius waterfront condos sold in February 2015. March 2015 sales figures decreased 75% from March 2014 when 4 Cornelius waterfront condos sold.
The average sales price decreased 6.6% from $214,167 in February to $200,000 in March 2015. March 2015 average sales price decreased 6.7% from the March 2014 average sales price which was $214,312.
Average days on the market decreased 39.7% from 68 in February to 41 in March 2015. March 2014 average days on the market were 222, an 81.5% decrease in market time.
Currently there are 48 Cornelius waterfront condos listed in the MLS with 12 of those under contract, a 100% increase from February. The average list price is $265,613, down 2.1% 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 March 2015 1 Cornelius waterfront lots sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in February. The average sales price was $746,900, up 100% from the February average sales price which was $N/A. March 2015 sales figures increased 100% from March 2014 when 0 Cornelius waterfront lots sold. The average sales price increased 100% from the March 2014 average sales price of N/A.
The average days on the market increased 100% from February, from N/A to 745 days on the market in March. Days on the market were down 0% from March 2014 when the average was N/A days on the market.
Currently there are 29 Cornelius waterfront lots listed in the MLS with 5 of those under contract, up 25% from February. The average list price is $800,648, down 13% 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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