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Cornelius NC Real Estate Market Update September 2014

September 2014 Cornelius Real Estate Market Update

Cornelius Homes
In September 2014 49 homes sold in the Cornelius area, a 27.9% decrease from the 68 homes sold in August. September 2014 sales figures increased 28.9% from September 2013 when 38 homes sold in the Cornelius area.

The average sales price increased 4% from $533,292 in August to $554,738 in September. The September 2014 average sales price increased 23.6% from the September 2013 average sales price which was $448,741.

Average days on the market decreased 9.1% from 66 days in August to 60 days on the market in September. September 2013 average days on the market were 95, a 36.7% decrease in market time.

Currently there are 215 homes for sale in the Cornelius MLS area, up 5.46% from August. The average list price is $803,579 up 8.7% from the August average list price of $739,245. 32 Cornelius homes are currently under contract, down 27.3% from August.

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Cornelius Condos & Townhomes
In September 2014 28 condos/townhomes sold in the Cornelius area, a 33% increase from the 21 condos or townhomes sold in August 2014. September 2014 sales figures increased 33% from September 2013 when 21 Cornelius condos sold.

The average sales price increased 12.3% from $174,105 in August 2014 to $195,450 in September 2014. September 2014 average sales price increased 17.5% from the September 2013 average sales price which was $166,330.

Average days on the market increased 60.4% from 53 in August to 85 in September. September 2013 average days on the market were 126, a decrease of 32.8%.

Currently there are 85 condo/townhomes for sale in the Cornelius MLS area,a 19.7% increase from the 71 condos for sale in August. The average list price is $194,171, up 1.8% from August’s average list price of $190,802. 18 Cornelius condos/townhomes are currently under contract, a 28% decrease from August.



Cornelius Lots
In September 2014 0 lots sold in the Cornelius area, a 100% decrease from the 4 lots sold in August. September 2014 sales figures increased 0% from September 2013 when 0 lots sold.

The average sales price decreased 100% from $361,230 in August to $0 in September. September 2014 average sales price increased 0% from the September 2013 average sales price which was $0.

Average days on the market increased 0% from 373 in August to N/A in September. September 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 2.1% from August. The average list price is $565,532, down 25.7% from August’s average list price of $760,696. 4 Cornelius area lots are currently under contract, a 33% increase from August.



Cornelius Waterfront Real Estate Market Update August 2014

Cornelius Real Estate Market Update August 2014

Cornelius Waterfront Real Estate Market Update

Cornelius Waterfront Homes
In August 2014 15 Cornelius waterfront homes sold, a 25% increase from the 12 waterfront homes sold in July 2014. August 2014 waterfront sales figures increased 150% from August 2013 when 6 Cornelius waterfront homes sold.

The average sales price increased 12.4% from $1,223,563 in July 2014 to $1,375,125 in August 2014. August 2014 average sales price increased 16% from the August 2013 average sales price which was $1,185,233.

Average days on the market increased from 102 in July 2014 to 157 in August 2014, a 53.9% increase in market time. August 2013 average days on the market were 161, a 2.5% decrease in market time.

Currently there are 78 Cornelius waterfront homes listed in the MLS with 12 of those under contract, down 7.7% from July. The average list price is $1,559,467, up .7% from July. The current lowest priced Cornelius waterfront home is listed at $369,000 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 August 2014 1 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 83.3% decrease from the 6 Cornelius waterfront condos sold in July 2014. August 2014 sales figures increased 66.7% from August 2013 when 3 waterfront condos sold.

The average sales price increased 1.1% from $276,833 in July 2014 to $280,000 in August 2014. August 2014 average sales price decreased 7.9% from the August 2013 average sales price which was $304,000.

Average days on the market increased 97.9% from 48 in July 2014 to 95 in August 2014. August 2013 average days on the market were 99, a 4% decrease in market time.

Currently there are 29 Cornelius waterfront condos listed in the MLS with 8 of those under contract, a 166.7% increase from July. The average list price is $241,653, down 6.1% from last month. The lowest priced Cornelius waterfront condo is listed at $124,900 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 August 2014 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lots sold in July 2014. The average sales price was $372,000, down 19.1% from the July average sales price which was $460,000. August 2014 sales figures increased 100% from August 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the August 2013 average sales price of $0.

The average days on the market decreased 23.3% from July, from 266 to 204 days on the market in August. Days on the market were down 12.8% from August 2013 when the average was 234 days on the market.

Currently there are 24 Cornelius waterfront lots listed in the MLS with 2 of those under contract. The average list price is $713,031, up 5.8% from last month. The lowest priced Cornelius waterfront lot is listed at $64,000 and the highest priced Cornelius waterfront lot is listed at $2,000,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale