Tag Archives: home prices
Cornelius Real Estate Market Update October 2014
October 2014 Cornelius Real Estate Market Update
Cornelius Homes
In October 2014 46 homes sold in the Cornelius area, a 6.1% decrease from the 49 homes sold in September. October 2014 sales figures increased 12.2% from October 2013 when 41 homes sold in the Cornelius area.
The average sales price increased 8.3% from $554,738 in September to $600,678 in October, the highest monthly average sales price since September 2006! The October 2014 average sales price increased 56.6% from the October 2013 average sales price which was $383,673.
Average days on the market increased 38.3% from 60 days in September to 83 days on the market in October. October 2013 average days on the market were 104, a 20.2% decrease in market time.
Currently there are 245 homes for sale in the Cornelius MLS area, up 14% from September. The average list price is $724,969 down 9.8% from the September average list price of $803,579. 71 Cornelius homes are currently under contract, up 121.9% from September!
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In October 2014 27 condos/townhomes sold in the Cornelius area, a 3.6% decrease from the 28 condos or townhomes sold in September 2014. October 2014 sales figures increased 22.7% from October 2013 when 22 Cornelius condos sold.
The average sales price decreased 14.8% from $195,450 in September 2014 to $166,569 in October 2014. October 2014 average sales price decreased 7.4% from the October 2013 average sales price which was $179,882.
Average days on the market decreased 32.9% from 85 in September to 57 in October. October 2013 average days on the market were 157, a decrease of 64.1%.
Currently there are 108 condo/townhomes for sale in the Cornelius MLS area,a 27.1% increase from the 85 condos for sale in September. The average list price is $200,653, up 3.3% from September’s average list price of $194,171. 33 Cornelius condos/townhomes are currently under contract, an 83.3% increase from September.
Cornelius Lots
In October 2014 4 lots sold in the Cornelius area, a 400% increase from the 0 lots sold in September. October 2014 sales figures increased 400% from October 2013 when 0 Cornelius lots sold.
The average sales price increased 100% from $0 in September to $282,500 in October. October 2014 average sales price increased 100% from the October 2013 average sales price which was $0.
Average days on the market increased 0% from N/A in September to 304 in October. October 2013 average days on the market were N/A, a 0% increase in market time versus the same time period last year.
Currently there are 47 lots for sale in the Cornelius MLS area, a decrease of 0% from September. The average list price is $579,355, up 2.4% from September’s average list price of $565,532. 8 Cornelius lots are currently under contract, a 100% increase from September.
Cornelius Waterfront Real Estate Market Update September 2014
Cornelius Waterfront Real Estate Market Update
Cornelius Waterfront Homes
In September 2014 11 Cornelius waterfront homes sold, a 26.7% decrease from the 15 waterfront homes sold in August 2014. September 2014 waterfront sales figures increased 120% from September 2013 when 5 Cornelius waterfront homes sold.
The average sales price decreased 4.7% from $1,375,125 in August 2014 to $1,310,118 in September 2014. September 2014 average sales price increased 8.8% from the September 2013 average sales price which was $1,204,700.
Average days on the market increased from 157 in August 2014 to 75 in September 2014, a 52.2% decrease in market time. September 2013 average days on the market were 181, a 58.6% decrease in market time.
Currently there are 62 Cornelius waterfront homes listed in the MLS with 2 of those under contract, down 83.3% from August. The average list price is $1,598,002, up 2.5% from August. 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 September 2014 8 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 700% increase from the 1 Cornelius waterfront condo sold in August 2014. September 2014 sales figures increased 14.3% from September 2013 when 7 Cornelius waterfront condos sold.
The average sales price decreased 24.2% from $280,000 in August 2014 to $212,250 in September 2014. September 2014 average sales price increased 5.8% from the September 2013 average sales price which was $200,643.
Average days on the market increased 73.7% from 95 in August 2014 to 165 in September 2014. September 2013 average days on the market were 149, a 10.7% increase in market time.
Currently there are 29 Cornelius waterfront condos listed in the MLS with 8 of those under contract, a 0% increase from August. The average list price is $232,166, down 3.9% 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 September 2014 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 1 Cornelius waterfront lots sold in August 2014. The average sales price was $0, down 100% from the August average sales price which was $372,000. September 2014 sales figures increased 0% from September 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the September 2013 average sales price of $0.
The average days on the market decreased 100% from August, from 204 to N/A days on the market in September. Days on the market were down 0% from September 2013 when the average was N/A days on the market.
Currently there are 20 Cornelius waterfront lots listed in the MLS with 3 of those under contract. The average list price is $746,490, up 4.7% 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