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Cornelius Real Estate Market Update September 2015
September 2015 Cornelius Real Estate Market Update
Cornelius Homes
In September 2015 44 homes sold in the Cornelius area, a 4.8% increase from the 42 homes sold in August 2015. September 2015 sales figures decreased 0% from September 2014 when 44 homes sold in the Cornelius area.
The average sales price increased 24.5% from $488,978 in August to $608,683 in September. The September 2015 average sales price increased 2.7% from the September 2014 average sales price which was $607,303.
Average days on the market increased 3.4% from 58 days in August to 60 days on the market in September. The September 2014 average days on the market were 61, a 1.6% decrease in market time.
Currently there are 248 homes for sale in the Cornelius MLS area, up 11% from September. The average list price is $854,839 down 3.4% from the September average list price of $884,562. 86 Cornelius homes are currently under contract, up 14.7% from September.
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Cornelius Condos & Townhomes
In September 2015 41 condos/townhomes sold in the Cornelius area, a 78.3% increase from the 23 condos or townhomes sold in August 2015. September 2015 sales figures increased 51.9% from September 2014 when 27 Cornelius condos sold.
The average sales price decreased 12.1% from $214,082 in August 2015 to $188,171 in September 2015. September 2015 average sales price decreased 1.2% from the September 2014 average sales price which was $190,380.
Average days on the market decreased 12.5% from 56 in August to 49 in September. September 2014 average days on the market were 84, a decrease of 41.7%.
Currently there are 103 condo/townhomes for sale in the Cornelius MLS area, a 10.4% decrease from the 115 Cornelius condos for sale in September. The average list price is $212,651, up 1.1% from September’s average list price of $210,272. 33 Cornelius condos/townhomes are currently under contract, a 3.1% increase from September.
Cornelius Lots
In September 2015 3 lot sold in the Cornelius area, a 50% increase from the 2 Cornelius lots sold in August. September 2015 sales figures decreased 100% from September 2014 when 0 Cornelius lots sold.
The average sales price increased 98.1% from $383,000 in August to $758,667 in September. September 2015 average sales price increased N/A% from the September 2014 average sales price which was $N/A.
Average days on the market increased 108% from 34 in August to 71 in September. September 2014 average days on the market were N/A, an N/A% 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 7.5% from September. The average list price is $711,998, down 6.2% from September’s average list price of $758,667. 10 Cornelius lots are currently under contract, a 25% increase from September.
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Cornelius Waterfront Real Estate Market Update August 2015
August 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In August 2015 5 Cornelius waterfront homes sold, a 20% increase from the 5 Cornelius waterfront homes sold in July 2015. August 2015 waterfront sales figures decreased 58.3% from August 2014 when 12 Cornelius waterfront homes sold.
The average sales price decreased 14.6% from $1,388,167 in July to $1,185,000 in August 2015. The August 2015 average sales price decreased 22.2% from the August 2014 average sales price which was $1,522,240.
Average days on the market decreased from 108 in July to 57 in August 2015, a 47.2% decrease in market time. August 2014 average days on the market were 181, a 68.5% decrease in market time.
Currently there are 83 Cornelius waterfront homes listed in the MLS with 13 of those under contract, down 13.3% from August. The average list price is $1,661,566 down 2.5% from August. 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 August 2015 4 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 55.6% decrease from the 9 Cornelius waterfront condos sold in July 2015. August 2015 sales figures increased 100% from August 2014 when 0 Cornelius waterfront condos sold.
The average sales price increased 5.6% from $278,944 in July to $294,500 in August 2015. August 2015 average sales price increased N/A% from the August 2014 average sales price which was $N/A.
Average days on the market increased 75.5% from 53 in July to 93 in August 2015. August 2014 average days on the market were N/A, an N/A% increase in market time.
Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 0% decrease from August. The average list price is $268,949, up .4% from last month. The lowest priced activeCornelius waterfront condo is listed at $129,900 and the highest priced Cornelius waterfront condo is listed at $450,000.
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Cornelius Waterfront Lots
In August 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in July. The average sales price was $675,000, up 100% from the July average sales price which was $N/A. August 2015 sales figures decreased 0% from August 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 81.5% from the August 2014 average sales price of $372,000.
The average days on the market decreased N/A% from July, from N/A to 5 days on the market in August. Days on the market were down 98% from August 2014 when the average was 244 days on the market.
Currently there are 23 Cornelius waterfront lots listed in the MLS with 4 of those under contract, down 33% from August. The average list price is $758,667, up 23.3% from last month. The lowest priced Cornelius waterfront lot is listed at $325,000 and the highest priced Cornelius waterfront lot is listed at $2,350,000.
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