Tag Archives: market report
Cornelius Real Estate Market Update July 2015
July 2015 Cornelius Real Estate Market Update
Cornelius Homes
In July 2015 51 homes sold in the Cornelius area, a 4.1% increase from the 49 homes sold in June 2015. July 2015 sales figures decreased 15% from July 2014 when 60 homes sold in the Cornelius area.
The average sales price increased 6.6% from $472,511 in June to $503,852 in July. The July 2015 average sales price decreased 7.6% from the July 2014 average sales price which was $545,157.
Average days on the market decreased 31% from 87 days in June to 60 days on the market in July. The July 2014 average days on the market were 64, a 35.9% decrease in market time.
Currently there are 265 homes for sale in the Cornelius MLS area, down 1.1% from July. The average list price is $844,266 up .6% from the July average list price of $839,454. 87 Cornelius homes are currently under contract, down 7.5% from July.
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Cornelius Condos & Townhomes
In July 2015 45 condos/townhomes sold in the Cornelius area, a 55.2% increase from the 29 condos or townhomes sold in June 2015. July 2015 sales figures increased 66.7% from July 2014 when 27 Cornelius condos sold.
The average sales price increased 17% from $180,603 in June 2015 to $211,299 in July 2015. July 2015 average sales price decreased .6% from the July 2014 average sales price which was $212,575.
Average days on the market increased 35% from 43 in June to 58 in July. July 2014 average days on the market were 70, a decrease of 17.1%.
Currently there are 133 condo/townhomes for sale in the Cornelius MLS area, a 8.3% decrease from the 145 Cornelius condos for sale in July. The average list price is $212,256, down 1.8% from July’s average list price of $216,048. 50 Cornelius condos/townhomes are currently under contract, a 20.6% decrease from July.
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Cornelius Lots
In July 2015 1 lot sold in the Cornelius area, a 75% decrease from the 4 lots sold in June. July 2015 sales figures decreased 50% from July 2014 when 2 Cornelius lots sold.
The average sales price decreased 85.1% from $508,400 in June to $76,000 in July. July 2015 average sales price decreased 77.3% from the July 2014 average sales price which was $335,000.
Average days on the market increased 225% from 53 in June to 172 in July. July 2014 average days on the market were 266, a 35.3% decrease in market time versus the same time period last year.
Currently there are 46 lots for sale in the Cornelius MLS area, a decrease of 14.8% from July. The average list price is $667,854, up 3.3% from July’s average list price of $646,756. 9 Cornelius lots are currently under contract, a 12.5% increase from July.
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Cornelius Real Estate Market Update June 2015
June 2015 Cornelius Real Estate Market Update
Cornelius Homes
In June 2015 49 homes sold in the Cornelius area, a 22.2% decrease from the 63 homes sold in May 2015. June 2015 sales figures decreased 24.6% from June 2014 when 65 homes sold in the Cornelius area.
The average sales price decreased 2.4% from $484,347 in May to $472,511 in June. The June 2015 average sales price increased 9.8% from the June 2014 average sales price which was $430,273.
Average days on the market increased 64.2% from 53 days in May to 87 days on the market in June. The June 2014 average days on the market were 64, a 35.9% decrease in market time.
Currently there are 268 homes for sale in the Cornelius MLS area, down 3.2% from June. The average list price is $839,454 up 6.3% from the June average list price of $789,716. 94 Cornelius homes are currently under contract, down 10.5% from June.
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Condos & Townhomes
In June 2015 29 condos/townhomes sold in the Cornelius area, a 9.4% decrease from the 32 condos or townhomes sold in May 2015. June 2015 sales figures increased 0% from June 2014 when 29 Cornelius condos sold.
The average sales price decreased 1.2% from $182,859 in May 2015 to $180,603 in June 2015. June 2015 average sales price increased 10.7% from the June 2014 average sales price which was $163,198.
Average days on the market decreased 17.3% from 52 in May to 43 in June. June 2014 average days on the market were 58, a decrease of 25.9%.
Currently there are 145 condo/townhomes for sale in the Cornelius MLS area, a 6.5% decrease from the 155 Cornelius condos for sale in June. The average list price is $216,048, up 1.6% from June’s average list price of $212,646. 63 Cornelius condos/townhomes are currently under contract, a 26% increase from June.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Lots
In June 2015 4 lot sold in the Cornelius area, a 0% decrease from the 4 lots sold in May. June 2015 sales figures increased 100% from June 2014 when 2 Cornelius lots sold.
The average sales price decreased 15.2% from $599,500 in May to $508,400 in June. June 2015 average sales price increased 184% from the June 2014 average sales price which was $179,000.
Average days on the market decreased 74.4% from 207 in May to 53 in June. June 2014 average days on the market were 105, a 49.5% decrease in market time versus the same time period last year.
Currently there are 54 lots for sale in the Cornelius MLS area, an increase of 10.2% from June. The average list price is $646,756, down .5% from June’s average list price of $649,831. 8 Cornelius lots are currently under contract, a 0% decrease from June.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
