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Cornelius Real Estate Market Update December 2015
December 2015 Cornelius Real Estate Market Update
Cornelius Homes
In December 2015 31 homes sold in the Cornelius area, a 28% decrease from the 43 homes sold in November 2015. December 2015 sales figures decreased 34% from December 2014 when 37 homes sold in the Cornelius area.
The average sales price increased 20.6% from $476,102 in November to $574,141 in December. The December 2015 average sales price increased 18.8% from the December 2014 average sales price which was $483,286.
Average days on the market increased 35.8% from 53 days in November to 72 days on the market in December. The December 2014 average days on the market were 64, a 12.5% increase in market time.
Currently there are 197 homes for sale in the Cornelius MLS area, down 11.3% from December. The average list price is $878,899 down .8% from the December average list price of $886,361. 68 Cornelius homes are currently under contract, down 5.5% from December.
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Cornelius Condos & Townhomes
In December 2015 25 condos/townhomes sold in the Cornelius area, a 66.7% increase from the 15 condos or townhomes sold in November 2015. December 2015 sales figures increased 78.6% from December 2014 when 14 Cornelius condos sold.
The average sales price increased 16.1% from $170,993 in November 2015 to $198,508 in December 2015. December 2015 average sales price increased 28.2% from the December 2014 average sales price which was $154,836.
Average days on the market decreased 21.9% from 64 in November to 50 in December. December 2014 average days on the market were 91, a decrease of 45.1%.
Currently there are 79 condo/townhomes for sale in the Cornelius MLS area, a 14% decrease from the 92 Cornelius condos for sale in December. The average list price is $220,726, up 4% from December’s average list price of $212,287. 18 Cornelius condos/townhomes are currently under contract, a 42% decrease from December.
Cornelius Lots
In December 2015 1 lots sold in the Cornelius area, a 67% decrease from the 3 Cornelius lots sold in November. December 2015 sales figures decreased 80% from December 2014 when 5 Cornelius lots sold.
The average sales price decreased 54.3% from $433,333 in November to $198,000 in December. December 2015 average sales price decreased 50.5% from the December 2014 average sales price which was $400,300.
Average days on the market decreased 97% from 223 in November to 7 in December. December 2014 average days on the market were 139, a 95% decrease in market time versus the same time period last year.
Currently there are 34 lots for sale in the Cornelius MLS area, a decrease of 10.5% from December. The average list price is $720,141, up 2.8% from December’s average list price of $700,497. 9 Cornelius lots are currently under contract, a 12.5% increase from December.
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Cornelius Waterfront Real Estate Market Update November 2015
November 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In November 2015 5 Cornelius waterfront homes sold, a 16.7% decrease from the 6 Cornelius waterfront homes sold in October 2015. November 2015 waterfront sales figures increased 66.7% from November 2014 when 3 Cornelius waterfront homes sold.
The average sales price decreased 6.9% from $916,333 in October to $853,100 in November 2015. The November 2015 average sales price decreased 48.2% from the November 2014 average sales price which was $1,646,605.
Average days on the market decreased from 115 in October to 84 in November 2015, a 27% decrease in market time. November 2014 average days on the market were 140, a 40% decrease in market time.
Currently there are 68 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 0% from November. The average list price is $1,819,107 down .4% from November. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,499,000.
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Cornelius Waterfront Condos & Townhomes
In November 2015 3 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 50% decrease from the 6 Cornelius waterfront condos sold in October 2015. November 2015 sales figures increased 50% from November 2014 when 2 Cornelius waterfront condos sold.
The average sales price decreased 26.4% from $263,667 in October to $194,167 in November 2015. November 2015 average sales price decreased 38.8% from the November 2014 average sales price which was $317,500.
Average days on the market increased 55% from 51 in October to 79 in November 2015. November 2014 average days on the market were 129, a 38.8% decrease in market time.
Currently there are 24 Cornelius waterfront condos listed in the MLS with 1 of those under contract, an 80% decrease from November. The average list price is $284,550, down 2.6% from last month. The lowest priced activeCornelius waterfront condo is listed at $118,900 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In November 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% decrease from the 1 Cornelius waterfront lots sold in October. The average sales price was $800,000, up 45.5% from the October average sales price which was $550,000. November 2015 sales figures increased 0% from November 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 4.2% from the November 2014 average sales price of $835,000.
The average days on the market decreased 38.8% from October, from 201 to 123 days on the market in November. Days on the market were up 39.8% from November 2014 when the average was 88 days on the market.
Currently there are 19 Cornelius waterfront lots listed in the MLS with 0 of those under contract, down 100% from November. The average list price is $918,995, down 1.9% from last month. The lowest priced Cornelius waterfront lot is listed at $350,000 and the highest priced Cornelius waterfront lot is listed at $1,800,000.
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