Tag Archives: market report
Cornelius Real Estate Market Update November 2014
November 2014 Cornelius Real Estate Market Update
Cornelius Homes
In November 2014 33 homes sold in the Cornelius area, a 28.3% decrease from the 46 homes sold in October. November 2014 sales figures decreased 8.3% from November 2013 when 36 homes sold in the Cornelius area.
The average sales price decreased 26.7% from $600,678 in October to $440,301 in November! The November 2014 average sales price decreased 12.4% from the November 2013 average sales price which was $502,702.
Average days on the market decreased 30.1% from 83 days in October to 58 days on the market in November, the lowest market time since November 2009! November 2013 average days on the market were 108, a 46.3% decrease in market time.
Currently there are 219 homes for sale in the Cornelius MLS area, down 10.6% from October. The average list price is $751,799 up 3.7% from the October average list price of $724,969. 64 Cornelius homes are currently under contract, down 9.9% from October.
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In November 2014 16 condos/townhomes sold in the Cornelius area, a 40.7% decrease from the 27 condos or townhomes sold in October 2014. November 2014 sales figures decreased 5.9% from November 2013 when 17 Cornelius condos sold.
The average sales price increased 11.3% from $166,569 in October 2014 to $185,387 in November 2014. November 2014 average sales price increased 9.6% from the November 2013 average sales price which was $169,139.
Average days on the market decreased 14% from 57 in October to 50 in November. November 2013 average days on the market were 164, a decrease of 69.6%.
Currently there are 105 condo/townhomes for sale in the Cornelius MLS area,a 2.8% decrease from the 108 condos for sale in October. The average list price is $205,885, up 2.6% from October’s average list price of $200,653. 33 Cornelius condos/townhomes are currently under contract, a 0% increase from October.
Cornelius Lots
In November 2014 0 lots sold in the Cornelius area, a 100% decrease from the 4 lots sold in October. November 2014 sales figures decreased 100% from November 2013 when 1 Cornelius lots sold.
The average sales price decreased 100% from $282,500 in October to $0 in November. November 2014 average sales price decreased 100% from the November 2013 average sales price which was $92,000.
Average days on the market increased 0% from 304 in October to N/A in November. November 2013 average days on the market were 104, a 0% increase in market time versus the same time period last year.
Currently there are 42 lots for sale in the Cornelius MLS area, a decrease of 10.6% from October. The average list price is $628,271, up 8.4% from October’s average list price of $579,355. 8 Cornelius lots are currently under contract, a 0% increase from October.
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.
