Tag Archives: market report
Cornelius Real Estate Market Update May 2015
May 2015 Cornelius Real Estate Market Update
Cornelius Homes
In May 2015 63 homes sold in the Cornelius area, a 37% increase from the 46 homes sold in April 2015 and the highest May total since 2006. May 2015 sales figures increased 26% from May 2014 when 50 homes sold in the Cornelius area.
The average sales price increased 33.3% from $363,273 in April to $484,347 in May. The May 2015 average sales price decreased 6% from the May 2014 average sales price which was $456,932.
Average days on the market decreased 19.7% from 66 days in April to 53 days on the market in May. The May 2014 average days on the market were 104, a 49% decrease in market time.
Currently there are 277 homes for sale in the Cornelius MLS area, up 3% from May. The average list price is $789,716 up 6.9% from the May average list price of $738,986. 105 Cornelius homes are currently under contract, up 2% from May.
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Cornelius Condos & Townhomes
In May 2015 32 condos/townhomes sold in the Cornelius area, a 12.5% increase from the 28 condos or townhomes sold in April 2015. May 2015 sales figures increased 28% from May 2014 when 25 Cornelius condos sold.
The average sales price increased 6.8% from $171,162 in April 2015 to $182,859 in May 2015. May 2015 average sales price increased 1.1% from the May 2014 average sales price which was $180,866.
Average days on the market decreased 39.5% from 86 in April to 52 in May. May 2014 average days on the market were 71, a decrease of 26.8%.
Currently there are 155 condo/townhomes for sale in the Cornelius MLS area, a 13% increase from the 137 Cornelius condos for sale in May. The average list price is $212,646, down 1.5% from May’s average list price of $215,835. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from May.
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 May 2015 4 lot sold in the Cornelius area, a 300% decrease from the 1 lots sold in April. May 2015 sales figures increased 300% from May 2014 when 1 Cornelius lots sold.
The average sales price increased 38.6% from $368,000 in April to $599,500 in May. May 2015 average sales price decreased 33.4% from the May 2014 average sales price which was $900,000.
Average days on the market increased 20600% from 1 in April to 207 in May. May 2014 average days on the market were 165, a 25.5% increase in market time versus the same time period last year.
Currently there are 49 lots for sale in the Cornelius MLS area, a decrease of 3.9% from May. The average list price is $649,831, up 5.2% from May’s average list price of $617,833. 8 Cornelius lots are currently under contract, a 20% decrease from May.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Real Estate Market Update April 2015
April 2015 Cornelius Real Estate Market Update
Cornelius Homes
In April 2015 46 homes sold in the Cornelius area, a 39.4% increase from the 33 homes sold in March 2015. April 2015 sales figures increased 35.3% from April 2014 when 34 homes sold in the Cornelius area.
The average sales price increased 15% from $315,775 in March to $363,273 in April. The April 2015 average sales price decreased 6.7% from the April 2014 average sales price which was $389,467.
Average days on the market increased 6.5% from 62 days in March to 66 days on the market in April. The April 2014 average days on the market were 63, a 4.8% increase in market time.
Currently there are 269 homes for sale in the Cornelius MLS area, up 3% from April. The average list price is $738,986 up 2.6% from the April average list price of $720,583. 103 Cornelius homes are currently under contract, down 5.5% from April.
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 April 2015 28 condos/townhomes sold in the Cornelius area, a 75% increase from the 16 condos or townhomes sold in March 2015. April 2015 sales figures increased 40% from April 2014 when 20 Cornelius condos sold.
The average sales price decreased 4.9% from $180,073 in March 2015 to $171,162 in April 2015. April 2015 average sales price increased 12.3% from the April 2014 average sales price which was $195,197.
Average days on the market increased 100% from 43 in March to 86 in April. April 2014 average days on the market were 71, an increase of 21.1%.
Currently there are 137 condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 133 Cornelius condos for sale in April. The average list price is $215,835, up 4.2% from April’s average list price of $207,231. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from April.
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 April 2015 1 lot sold in the Cornelius area, a 50% decrease from the 2 lots sold in March. April 2015 sales figures decreased 66.7% from April 2014 when 3 Cornelius lots sold.
The average sales price decreased 12.9% from $422,700 in March to $368,000 in April. April 2015 average sales price increased 56.6% from the April 2014 average sales price which was $235,000.
Average days on the market decreased 99% from 374 in March to 1 in April. April 2014 average days on the market were 151, a 99% decrease in market time versus the same time period last year.
Currently there are 51 lots for sale in the Cornelius MLS area, a decrease of 3.8% from April. The average list price is $617,833, down 3.9% from April’s average list price of $642,766. 10 Cornelius lots are currently under contract, a 25% increase from April.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
