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Cornelius Real Estate Market Update November 2015
November 2015 Cornelius Real Estate Market Update
Cornelius Homes
In November 2015 42 homes sold in the Cornelius area, a 0% decrease from the 42 homes sold in October 2015. November 2015 sales figures increased 40% from November 2014 when 30 homes sold in the Cornelius area.
The average sales price increased 11% from $431,539 in October to $479,223 in November. The November 2015 average sales price increased 7% from the October 2014 average sales price which was $447,781.
Average days on the market decreased 10% from 60 days in October to 54 days on the market in November. The November 2014 average days on the market were 63, a 14.3% decrease in market time.
Currently there are 222 homes for sale in the Cornelius MLS area, down 11.6% from November. The average list price is $886,361 down .1% from the November average list price of $887,369. 72 Cornelius homes are currently under contract, down 8.9% from November.
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Cornelius Condos & Townhomes
In November 2015 15 condos/townhomes sold in the Cornelius area, a 53.1% decrease from the 32 condos or townhomes sold in October 2015. November 2015 sales figures increased 0% from November 2014 when 15 Cornelius condos sold.
The average sales price decreased 11.3% from $192,715 in October 2015 to $170,993 in November 2015. November 2015 average sales price decreased 14.7% from the November 2014 average sales price which was $200,374.
Average days on the market increased 52.4% from 42 in October to 64 in November. November 2014 average days on the market were 53, an increase of 20.8%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 92 Cornelius condos for sale in November. The average list price is $212,287, down 1.9% from November’s average list price of $216,473. 31 Cornelius condos/townhomes are currently under contract, a 3.3% increase from November.
Cornelius Lots
In November 2015 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in October. November 2015 sales figures increased 100% from November 2014 when 1 Cornelius lots sold.
The average sales price increased 51.9% from $395,000 in October to $600,000 in November. November 2015 average sales price decreased 28.1% from the November 2014 average sales price which was $835,000.
Average days on the market increased 7.7% from 271 in October to 292 in November. November 2014 average days on the market were 88, a 231.8% decrease in market time versus the same time period last year.
Currently there are 38 lots for sale in the Cornelius MLS area, a decrease of 5% from November. The average list price is $700,497, up 4.8% from November’s average list price of $668,173. 8 Cornelius lots are currently under contract, a 27.3% decrease from November.
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Cornelius Waterfront Real Estate Market Update October 2015
October 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In October 2015 6 Cornelius waterfront homes sold, a 45.5% decrease from the 11 Cornelius waterfront homes sold in September 2015. October 2015 waterfront sales figures decreased 33.3% from October 2014 when 9 Cornelius waterfront homes sold.
The average sales price decreased 32.6% from $1,359,285 in September to $916,333 in October 2015. The October 2015 average sales price decreased 37.8% from the October 2014 average sales price which was $1,473,722.
Average days on the market increased from 113 in September to 115 in October 2015, a 1.8% increase in market time. October 2014 average days on the market were 113, a 1.8% increase in market time.
Currently there are 75 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 15.4% from October. The average list price is $1,825,504 up 4.6% from October. The current lowest priced Cornelius waterfront home is listed at $398,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In October 2015 6 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 25% decrease from the 8 Cornelius waterfront condos sold in September 2015. October 2015 sales figures increased 0% from October 2014 when 6 Cornelius waterfront condos sold.
The average sales price increased .2% from $263,225 in September to $263,667 in October 2015. October 2015 average sales price increased 42.3% from the October 2014 average sales price which was $185,250.
Average days on the market increased 8.5% from 47 in September to 51 in October 2015. October 2014 average days on the market were 67, a 23.9% decrease in market time.
Currently there are 26 Cornelius waterfront condos listed in the MLS with 5 of those under contract, a 16.7% decrease from October. The average list price is $292,108, up 4.1% 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 October 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 66.7% decrease from the 3 Cornelius waterfront lots sold in September. The average sales price was $550,000, down 27.5% from the September average sales price which was $758,667. October 2015 sales figures increased 0% from October 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 152.9% from the October 2014 average sales price of $217,500.
The average days on the market increased 183% from September, from 71 to 201 days on the market in October. Days on the market were up 10.4% from October 2014 when the average was 182 days on the market.
Currently there are 18 Cornelius waterfront lots listed in the MLS with 1 of those under contract, down 50% from October. The average list price is $936,383, down 8.8% 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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