Tag Archives: prices
Cornelius Real Estate Market Update May 2016
May 2016 Cornelius Real Estate Market Update
Cornelius Homes
In May 2016 50 homes sold in the Cornelius area, a 16.3% increase from the 43 homes sold in April. May 2016 sales figures decreased 9.1% from May 2015 when 55 homes sold in the Cornelius area.
The average sales price in Cornelius increased 3.9% from $443,690 in April to $461,000 in May. The May 2016 average sales price decreased 5% from the May 2015 average sales price which was $485,332.
Average days on the market increased 3.4% from 59 days in April to 61 days on the market in May. The May 2015 average days on the market were 54, a 13% increase in market time.
Currently there are 209 active homes for sale in the Cornelius MLS area, up 26% from May. The average list price is $968,882 down 6.7% from the May average list price of $1,038,423. 119 Cornelius homes are currently under contract, down 7% from May.
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Cornelius Condos & Townhomes
In May 2016 28 condos/townhomes sold in the Cornelius area, a 27.3% increase from the 22 Cornelius condos or townhomes sold in April. May 2016 sales figures increased 3.7% from May 2015 when 27 Cornelius condos sold.
The average sales price increased 10% from $170,991 in April 2016 to $188,136 in May 2016. The May 2016 average sales price decreased 2% from the May 2015 average sales price which was $191,944.
Average days on the market increased 96% from 23 in April to 45 in May. May 2015 average days on the market were 54, a decrease of 16.7%.
Currently there are 63 active condo/townhomes for sale in the Cornelius MLS area, a 0% increase from the 63 Cornelius condos for sale in May. The average list price is $267,342, down 3.2% from May’s average list price of $276,226. 44 Cornelius condos/townhomes are currently under contract, a 10% decrease from May.
Cornelius Lots
In May 2016 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in April. May 2016 sales figures decreased 33% from May 2015 when 3 Cornelius lots sold.
The average sales price increased 448% from $195,500 in April to $1,071,500 in May. The May 2016 average sales price increased 39.3% from the May 2015 average sales price which was $769,333.
Average days on the market decreased 89% from 118 in April to 13 in May. The May 2015 average days on the market were 270, a 95.2% decrease in market time versus the same time period last year.
Currently there are 37 active lot listings in the Cornelius MLS area, an increase of 8.8% from May. The average list price is $690,095, up 4.5% from May’s average list price of $660,118. 10 Cornelius lots are currently under contract, a 23.1% decrease from May.
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Cornelius Waterfront Real Estate Market Update April 2016
April 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In April 2016 5 Cornelius waterfront homes sold, a 0% increase from the 5 Cornelius waterfront homes sold in March. April 2016 waterfront sales figures increased 25% from April 2015 when 4 Cornelius waterfront homes sold.
The average sales price decreased 38.6% from $1,475,000 in March to $905,300 in April. The April 2016 average sales price decreased 16.4% from the April 2015 average sales price which was $1,082,938.
Average days on the market increased from 65 in March to 11 in April, a 41.4% increase in market time. The April 2015 average days on the market were 113, a 1.8% decrease in market time.
Currently there are 76 active Cornelius waterfront homes listed in the MLS with 15 more under contract, up 15.4% from April. The average list price is $1,566,721 down 4.1% from April. The current lowest priced Cornelius waterfront home is listed at $625,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In April 2016 3 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 50% decrease from the 6 Cornelius waterfront condos sold in March. April 2016 sales figures decreased 62.5% from April 2015 when 8 Cornelius waterfront condos sold.
The average sales price decreased 47% from $260,217 in March to $137,917 in April. The April 2016 average sales price decreased 29.8% from the April 2015 average sales price which was $194,488.
Average days on the market decreased 73% from 59 in March to 16 in April. The April 2015 average days on the market were 122, an 87% decrease in market time.
Currently there are 33 active Cornelius waterfront condos listed in the MLS with 6 more under contract, a 50% increase from April. The average list price is $329,703, down 2.2% from last month. The lowest priced activeCornelius waterfront condo is listed at $139,900 and the highest priced Cornelius waterfront condo is listed at $725,000.
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Cornelius Waterfront Lots
In April 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lot sold in March. The average sales price was $316,000, down 66% from the March average sales price which was $925,000. April 2016 sales figures decreased 50% from April 2015 when 2 Cornelius waterfront lots sold. The average sales price decreased 16.6% from the April 2015 average sales price of $379,000.
The average days on the market decreased 87% from March, from 403 to 51 days on the market in April. Days on the market were down 42.7% from April 2015 when the average was 89 days on the market.
Currently there are 21 active Cornelius waterfront lots listed in the MLS with 8 under contract, up 14.3% from April. The average list price is $842,843, down 13.8% from last month. The lowest priced Cornelius waterfront lot is listed at $375,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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