Tag Archives: market report
Cornelius Real Estate Market Update November 2015
November 2015 Cornelius Real Estate Market Update
Cornelius Homes
In November 2015 42 homes sold in the Cornelius area, a 0% decrease from the 42 homes sold in October 2015. November 2015 sales figures increased 40% from November 2014 when 30 homes sold in the Cornelius area.
The average sales price increased 11% from $431,539 in October to $479,223 in November. The November 2015 average sales price increased 7% from the October 2014 average sales price which was $447,781.
Average days on the market decreased 10% from 60 days in October to 54 days on the market in November. The November 2014 average days on the market were 63, a 14.3% decrease in market time.
Currently there are 222 homes for sale in the Cornelius MLS area, down 11.6% from November. The average list price is $886,361 down .1% from the November average list price of $887,369. 72 Cornelius homes are currently under contract, down 8.9% from November.
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Cornelius Condos & Townhomes
In November 2015 15 condos/townhomes sold in the Cornelius area, a 53.1% decrease from the 32 condos or townhomes sold in October 2015. November 2015 sales figures increased 0% from November 2014 when 15 Cornelius condos sold.
The average sales price decreased 11.3% from $192,715 in October 2015 to $170,993 in November 2015. November 2015 average sales price decreased 14.7% from the November 2014 average sales price which was $200,374.
Average days on the market increased 52.4% from 42 in October to 64 in November. November 2014 average days on the market were 53, an increase of 20.8%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 92 Cornelius condos for sale in November. The average list price is $212,287, down 1.9% from November’s average list price of $216,473. 31 Cornelius condos/townhomes are currently under contract, a 3.3% increase from November.
Cornelius Lots
In November 2015 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in October. November 2015 sales figures increased 100% from November 2014 when 1 Cornelius lots sold.
The average sales price increased 51.9% from $395,000 in October to $600,000 in November. November 2015 average sales price decreased 28.1% from the November 2014 average sales price which was $835,000.
Average days on the market increased 7.7% from 271 in October to 292 in November. November 2014 average days on the market were 88, a 231.8% decrease in market time versus the same time period last year.
Currently there are 38 lots for sale in the Cornelius MLS area, a decrease of 5% from November. The average list price is $700,497, up 4.8% from November’s average list price of $668,173. 8 Cornelius lots are currently under contract, a 27.3% decrease from November.
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Cornelius Real Estate Market Update October 2015
October 2015 Cornelius Real Estate Market Update
Cornelius Homes
In October 2015 41 homes sold in the Cornelius area, a 6.8% decrease from the 44 homes sold in September 2015. October 2015 sales figures decreased 10.9% from October 2014 when 46 homes sold in the Cornelius area.
The average sales price decreased 28.4% from $608,683 in September to $435,723 in October. The October 2015 average sales price decreased 28.3% from the October 2014 average sales price which was $607,303.
Average days on the market increased 3.3% from 60 days in September to 62 days on the market in October. The October 2014 average days on the market were 81, a 23.5% decrease in market time.
Currently there are 251 homes for sale in the Cornelius MLS area, up 1.2% from October. The average list price is $887,369 up 3.8% from the October average list price of $854,839. 79 Cornelius homes are currently under contract, down 8.1% from October.
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In October 2015 32 condos/townhomes sold in the Cornelius area, a 22% decrease from the 41 condos or townhomes sold in September 2015. October 2015 sales figures increased 33% from October 2014 when 24 Cornelius condos sold.
The average sales price increased 2.4% from $188,171 in September 2015 to $192,715 in October 2015. October 2015 average sales price increased 16.2% from the October 2014 average sales price which was $165,917.
Average days on the market decreased 14.3% from 49 in September to 42 in October. October 2014 average days on the market were 60, a decrease of 30%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 10.7% decrease from the 103 Cornelius condos for sale in October. The average list price is $216,473, up 1.8% from October’s average list price of $212,651. 30 Cornelius condos/townhomes are currently under contract, a 9.1% decrease from October.
Cornelius Lots
In October 2015 2 lot sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in September. October 2015 sales figures decreased 50% from October 2014 when 4 Cornelius lots sold.
The average sales price decreased 47.9% from $758,667 in September to $395,000 in October. October 2015 average sales price increased 39.8% from the October 2014 average sales price which was $282,500.
Average days on the market increased 281% from 71 in September to 271 in October. October 2014 average days on the market were 305, an 11% decrease in market time versus the same time period last year.
Currently there are 40 lots for sale in the Cornelius MLS area, a decrease of 0% from October. The average list price is $668,173, down 6.2% from October’s average list price of $711,998. 11 Cornelius lots are currently under contract, a 10% increase from October.
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