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Cornelius Real Estate Market Update October 2015
October 2015 Cornelius Real Estate Market Update
Cornelius Homes
In October 2015 41 homes sold in the Cornelius area, a 6.8% decrease from the 44 homes sold in September 2015. October 2015 sales figures decreased 10.9% from October 2014 when 46 homes sold in the Cornelius area.
The average sales price decreased 28.4% from $608,683 in September to $435,723 in October. The October 2015 average sales price decreased 28.3% from the October 2014 average sales price which was $607,303.
Average days on the market increased 3.3% from 60 days in September to 62 days on the market in October. The October 2014 average days on the market were 81, a 23.5% decrease in market time.
Currently there are 251 homes for sale in the Cornelius MLS area, up 1.2% from October. The average list price is $887,369 up 3.8% from the October average list price of $854,839. 79 Cornelius homes are currently under contract, down 8.1% from October.
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Cornelius Condos & Townhomes
In October 2015 32 condos/townhomes sold in the Cornelius area, a 22% decrease from the 41 condos or townhomes sold in September 2015. October 2015 sales figures increased 33% from October 2014 when 24 Cornelius condos sold.
The average sales price increased 2.4% from $188,171 in September 2015 to $192,715 in October 2015. October 2015 average sales price increased 16.2% from the October 2014 average sales price which was $165,917.
Average days on the market decreased 14.3% from 49 in September to 42 in October. October 2014 average days on the market were 60, a decrease of 30%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 10.7% decrease from the 103 Cornelius condos for sale in October. The average list price is $216,473, up 1.8% from October’s average list price of $212,651. 30 Cornelius condos/townhomes are currently under contract, a 9.1% decrease from October.
Cornelius Lots
In October 2015 2 lot sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in September. October 2015 sales figures decreased 50% from October 2014 when 4 Cornelius lots sold.
The average sales price decreased 47.9% from $758,667 in September to $395,000 in October. October 2015 average sales price increased 39.8% from the October 2014 average sales price which was $282,500.
Average days on the market increased 281% from 71 in September to 271 in October. October 2014 average days on the market were 305, an 11% decrease in market time versus the same time period last year.
Currently there are 40 lots for sale in the Cornelius MLS area, a decrease of 0% from October. The average list price is $668,173, down 6.2% from October’s average list price of $711,998. 11 Cornelius lots are currently under contract, a 10% increase from October.
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Cornelius Waterfront Real Estate Market Update September 2015
September 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In September 2015 11 Cornelius waterfront homes sold, a 120% increase from the 5 Cornelius waterfront homes sold in August 2015. September 2015 waterfront sales figures decreased 8.3% from September 2014 when 12 Cornelius waterfront homes sold.
The average sales price increased 14.7% from $1,185,000 in August to $1,359,285 in September 2015. The September 2015 average sales price increased 8.5% from the September 2014 average sales price which was $1,253,002.
Average days on the market increased from 57 in August to 113 in September 2015, a 98.2% increase in market time. September 2014 average days on the market were 92, a 22.8% increase in market time.
Currently there are 72 Cornelius waterfront homes listed in the MLS with 13 of those under contract, down 0% from September. The average list price is $1,745,925 up 5.1% from September. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In September 2015 8 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 100% increase from the 4 Cornelius waterfront condos sold in August 2015. September 2015 sales figures increased 0% from September 2014 when 8 Cornelius waterfront condos sold.
The average sales price decreased 10.6% from $294,500 in August to $263,225 in September 2015. September 2015 average sales price increased 24% from the September 2014 average sales price which was $212,250.
Average days on the market decreased 49.4% from 93 in August to 47 in September 2015. September 2014 average days on the market were 165, a 71.5% decrease in market time.
Currently there are 32 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 0% decrease from September. The average list price is $280,481, up 4.3% from last month. The lowest priced activeCornelius waterfront condo is listed at $124,500 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In September 2015 3 Cornelius waterfront lot sold in the Lake Norman area, a 200% increase from the 1 Cornelius waterfront lots sold in August. The average sales price was $758,667, up 12.4% from the August average sales price which was $675,000. September 2015 sales figures increased 300% from September 2014 when 0 Cornelius waterfront lot sold. The average sales price increased N/A% from the September 2014 average sales price of $N/A.
The average days on the market increased 1320% from August, from 5 to 71 days on the market in September. Days on the market were down N/A% from September 2014 when the average was N/A days on the market.
Currently there are 18 Cornelius waterfront lots listed in the MLS with 2 of those under contract, down 50% from September. The average list price is $1,026,606, up 35.3% from last month. The lowest priced Cornelius waterfront lot is listed at $350,000 and the highest priced Cornelius waterfront lot is listed at $2,350,000.
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