Tag Archives: prices

Cornelius Real Estate Market Update October 2016

Cornelius Real Estate Market Update August 2014

October 2016 Cornelius Real Estate Market Stats

Cornelius Homes
In October 2016 46 homes sold in the Cornelius area, a 13.2% decrease from the 53 homes sold in September. October 2016 sales figures increased 9.5% from October 2015 when 42 homes sold in the Cornelius area.

The average sales price in Cornelius decreased 14.1% from $514,483 in September to $442,170 in October. The October 2016 average sales price increased 2.5% from the October 2015 average sales price which was $431,539.

Average days on the market decreased 8.2% from 49 days in September to 45 days on the market in October. The October 2015 average days on the market were 60, a 25% decrease in market time.

Currently there are 175 active homes for sale in the Cornelius MLS area, down 9.8% from October. The average list price is $863,434 down 5.7% from the October average list price of $915,443. 90 Cornelius homes are currently under contract, down 4.4% from October.

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Cornelius Condos & Townhomes
In October 2016 26 condos/townhomes sold in the Cornelius area, a 27.8% decrease from the 36 Cornelius condos or townhomes sold in September. October 2016 sales figures decreased 21.2% from October 2015 when 33 Cornelius condos sold.

The average sales price increased .7% from $198,575 in September 2016 to $199,916 in October 2016. The October 2016 average sales price increased 4.6% from the October 2015 average sales price which was $191,118.

Average days on the market decreased 1.8% from 57 in September to 56 in October. October 2015 average days on the market were 43, an increase of 30.2% market time.

Currently there are 53 active condo/townhomes for sale in the Cornelius MLS area, a 7% decrease from the 57 Cornelius condos for sale in October. The average list price is $257,690, up 2.2% from October’s average list price of $252,258. 37 Cornelius condos/townhomes are currently under contract, a 5.2% decrease from October.

Cornelius Lots
In October 2016 3 lots sold in the Cornelius area, a 0% increase from the 3 Cornelius lots sold in September. October 2016 sales figures increased 50% from October 2015 when 2 Cornelius lots sold.

The average sales price decreased 87.3% from $711,667 in September to $90,500 in October. The October 2016 average sales price decreased 77.1% from the October 2015 average sales price which was $395,000.

Average days on the market increased 66.3% from 89 in September to 148 in October. The October 2015 average days on the market were 271, a 45.4% decrease in market time versus the same time period last year.

Currently there are 31 active lot listings in the Cornelius MLS area, a decrease of 11.4% from October. The average list price is $841,781, up 8.9% from October’s average list price of $773,263. 10 Cornelius lots are currently under contract, a 42.9% increase from October.

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Cornelius Waterfront Real Estate Market Update September 2016

Cornelius Real Estate Market Update August 2014

September 2016 Cornelius Waterfront Real Estate Update

Cornelius Waterfront Homes
In September 2016 10 Cornelius waterfront homes sold, a 28.6% decrease from the 14 Cornelius waterfront homes sold in August. September 2016 waterfront sales figures decreased 9.1% from September 2015 when 11 Cornelius waterfront homes sold.

The average sales price decreased 32% from $1,477,357 in August to $1,005,340 in September. The September 2016 average sales price decreased 26% from the September 2015 average sales price which was $1,359,285.

Average days on the market decreased from 161 in August to 100 in September, a 37.9% decrease in market time. The September 2015 average days on the market were 113, a 11.5% decrease in market time.

Currently there are 74 active Cornelius waterfront homes listed in the MLS with 13 more under contract, down 23.5% from September. The average list price is $1,529,137 up 4.5% from September. The current lowest priced Cornelius waterfront home is listed at $459,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.

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Cornelius Waterfront Condos & Townhomes
In September 2016 10 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 100% increase from the 5 Cornelius waterfront condos sold in August. September 2016 sales figures increased 25% from September 2015 when 8 Cornelius waterfront condos sold.

The average sales price decreased 2.1% from $268,900 in August to $263,345 in September. The September 2016 average sales price decreased 0% from the September 2015 average sales price which was $263,255.

Average days on the market increased 6.9% from 101 in August to 108 in September. The September 2015 average days on the market were 47, a 129.8% increase in market time.

Currently there are 15 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 16.7% decrease from September. The average list price is $329,980, up 2.8% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $715,000.

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Cornelius Waterfront Lots
In September 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in August. September 2016 sales figures decreased 33% from September 2015 when 3 Cornelius waterfront lots sold.

The September average sales price was $1,055,000, up 12.2% from the August average sales price which was $940,000. The average sales price increased 39.1% from the September 2015 average sales price of $758,667.

The average days on the market decreased 78.3% from August, from 327 to 71 days on the market in September. Days on the market were up 0% from September 2015 when the average was 71 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 33.3% from September. The average list price is $881,757, down 3.2% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,875,000.

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