Tag Archives: home prices
Cornelius Real Estate Market Update November 2014
November 2014 Cornelius Real Estate Market Update
Cornelius Homes
In November 2014 33 homes sold in the Cornelius area, a 28.3% decrease from the 46 homes sold in October. November 2014 sales figures decreased 8.3% from November 2013 when 36 homes sold in the Cornelius area.
The average sales price decreased 26.7% from $600,678 in October to $440,301 in November! The November 2014 average sales price decreased 12.4% from the November 2013 average sales price which was $502,702.
Average days on the market decreased 30.1% from 83 days in October to 58 days on the market in November, the lowest market time since November 2009! November 2013 average days on the market were 108, a 46.3% decrease in market time.
Currently there are 219 homes for sale in the Cornelius MLS area, down 10.6% from October. The average list price is $751,799 up 3.7% from the October average list price of $724,969. 64 Cornelius homes are currently under contract, down 9.9% from October.
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Cornelius Condos & Townhomes
In November 2014 16 condos/townhomes sold in the Cornelius area, a 40.7% decrease from the 27 condos or townhomes sold in October 2014. November 2014 sales figures decreased 5.9% from November 2013 when 17 Cornelius condos sold.
The average sales price increased 11.3% from $166,569 in October 2014 to $185,387 in November 2014. November 2014 average sales price increased 9.6% from the November 2013 average sales price which was $169,139.
Average days on the market decreased 14% from 57 in October to 50 in November. November 2013 average days on the market were 164, a decrease of 69.6%.
Currently there are 105 condo/townhomes for sale in the Cornelius MLS area,a 2.8% decrease from the 108 condos for sale in October. The average list price is $205,885, up 2.6% from October’s average list price of $200,653. 33 Cornelius condos/townhomes are currently under contract, a 0% increase from October.
Cornelius Lots
In November 2014 0 lots sold in the Cornelius area, a 100% decrease from the 4 lots sold in October. November 2014 sales figures decreased 100% from November 2013 when 1 Cornelius lots sold.
The average sales price decreased 100% from $282,500 in October to $0 in November. November 2014 average sales price decreased 100% from the November 2013 average sales price which was $92,000.
Average days on the market increased 0% from 304 in October to N/A in November. November 2013 average days on the market were 104, a 0% increase in market time versus the same time period last year.
Currently there are 42 lots for sale in the Cornelius MLS area, a decrease of 10.6% from October. The average list price is $628,271, up 8.4% from October’s average list price of $579,355. 8 Cornelius lots are currently under contract, a 0% increase from October.
Cornelius Waterfront Real Estate Market Update October 2014
Cornelius Waterfront Real Estate Market Update
Cornelius Waterfront Homes
In October 2014 10 Cornelius waterfront homes sold, a 9.1% decrease from the 11 waterfront homes sold in September 2014. October 2014 waterfront sales figures increased 66.7% from October 2013 when 6 Cornelius waterfront homes sold.
The average sales price increased 6.4% from $1,310,118 in September 2014 to $1,394,535 in October 2014. October 2014 average sales price increased 80.8% from the October 2013 average sales price which was $771,287.
Average days on the market increased from 75 in September 2014 to 129 in October 2014, a 72% increase in market time. October 2013 average days on the market were 84, a 53.6% increase in market time.
Currently there are 61 Cornelius waterfront homes listed in the MLS with 7 of those under contract, up 250% from September. The average list price is $1,588,066, down .6% from September. 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.
Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale
Cornelius Waterfront Condos & Townhomes
In October 2014 5 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 37.5% decrease from the 8 Cornelius waterfront condos sold in September 2014. October 2014 sales figures decreased 37.5% from October 2013 when 8 Cornelius waterfront condos sold.
The average sales price decreased 22.4% from $212,250 in September 2014 to $164,700 in October 2014. October 2014 average sales price decreased 30.9% from the October 2013 average sales price which was $238,300.
Average days on the market decreased 55.8% from 165 in September 2014 to 73 in October 2014. October 2013 average days on the market were 214, a 65.9% decrease in market time.
Currently there are 33 Cornelius waterfront condos listed in the MLS with 4 of those under contract, a 50% decrease from September. The average list price is $251,015, up 8.1% from last month. The lowest priced Cornelius waterfront condo is listed at $130,000 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 October 2014 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 0 Cornelius waterfront lots sold in September 2014. The average sales price was $217,500, up 100% from the September average sales price which was $0. October 2014 sales figures increased 0% from October 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 100% from the October 2013 average sales price of $0.
The average days on the market increased 100% from September, from N/A to 182 days on the market in October. Days on the market were up 100% from October 2013 when the average was N/A days on the market.
Currently there are 22 Cornelius waterfront lots listed in the MLS with 6 of those under contract, up 100% from September. The average list price is $813,377, up 9% from last month. The lowest priced Cornelius waterfront lot is listed at $220,000 and the highest priced Cornelius waterfront lot is listed at $1,700,000.
Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale