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Cornelius Real Estate Market Update August 2015
August 2015 Cornelius Real Estate Market Update
Cornelius Homes
In August 2015 42 homes sold in the Cornelius area, a 12.5% decrease from the 48 homes sold in July 2015. August 2015 sales figures decreased 32.3% from August 2014 when 62 homes sold in the Cornelius area.
The average sales price decreased 4.8% from $513,881 in July to $488,978 in August. The August 2015 average sales price decreased 7.6% from the August 2014 average sales price which was $529,040.
Average days on the market increased 18.4% from 49 days in July to 58 days on the market in August. The August 2014 average days on the market were 69, a 15.9% increase in market time.
Currently there are 223 homes for sale in the Cornelius MLS area, down 15.8% from August. The average list price is $884,562 up 4.8% from the August average list price of $844,266. 75 Cornelius homes are currently under contract, down 13.8% from August.
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Cornelius Condos & Townhomes
In August 2015 23 condos/townhomes sold in the Cornelius area, a 41% decrease from the 39 condos or townhomes sold in July 2015. August 2015 sales figures increased 0% from August 2014 when 23 Cornelius condos sold.
The average sales price increased 6.5% from $201,078 in July 2015 to $214,082 in August 2015. August 2015 average sales price increased 18.4% from the August 2014 average sales price which was $180,884.
Average days on the market increased 9.8% from 51 in July to 56 in August. August 2014 average days on the market were 61, a decrease of 8.2%.
Currently there are 115 condo/townhomes for sale in the Cornelius MLS area, a 13.5% decrease from the 133 Cornelius condos for sale in August. The average list price is $210,272, down .9% from August’s average list price of $212,256. 32 Cornelius condos/townhomes are currently under contract, a 36% decrease from August.
Cornelius Lots
In August 2015 2 lot sold in the Cornelius area, a 100% increase from the 1 lot sold in July. August 2015 sales figures decreased 0% from August 2014 when 2 Cornelius lots sold.
The average sales price increased 404% from $76,000 in July to $383,000 in August. August 2015 average sales price decreased 40.4% from the August 2014 average sales price which was $642,960.
Average days on the market decreased 80% from 172 in July to 34 in August. August 2014 average days on the market were 291, a 88.3% decrease in market time versus the same time period last year.
Currently there are 43 lots for sale in the Cornelius MLS area, a decrease of 6.5% from August. The average list price is $758,667, up 13.6% from August’s average list price of $667,854. 8 Cornelius lots are currently under contract, an 11% decrease from August.
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Cornelius Waterfront Real Estate Market Update July 2015
Cornelius Waterfront Real Estate Update July 2015
Cornelius Waterfront Homes
In July 2015 8 Cornelius waterfront homes sold, a 100% increase from the 4 Cornelius waterfront homes sold in June 2015. July 2015 waterfront sales figures decreased 33.3% from July 2014 when 12 Cornelius waterfront homes sold.
The average sales price decreased 6.3% from $1,374,250 in June to $1,288,250 in July 2015. The July 2015 average sales price increased 5.3% from the July 2014 average sales price which was $1,223,563.
Average days on the market decreased from 136 in June to 126 in July 2015, a 7.4% decrease in market time. July 2014 average days on the market were 102, a 23.5% increase in market time.
Currently there are 79 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 0% from July. The average list price is $1,702,865 up 2.2% from July. The current lowest priced Cornelius waterfront home is listed at $355,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In July 2015 11 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 57.1% decrease from the 7 Cornelius waterfront condos sold in June 2015. July 2015 sales figures increased 83.3% from July 2014 when 6 Cornelius waterfront condos sold.
The average sales price increased 47.5% from $209,679 in June to $309,273 in July 2015. July 2015 average sales price increased 11.7% from the July 2014 average sales price which was $276,833.
Average days on the market increased 32.4% from 68 in June to 90 in July 2015. July 2014 average days on the market were 48, an 87.5% increase in market time.
Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 50% decrease from July. The average list price is $268,020, down 7.1% from last month. The lowest priced activeCornelius waterfront condo is listed at $137,700 and the highest priced Cornelius waterfront condo is listed at $500,000.
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Cornelius Waterfront Lots
In July 2015 0 Cornelius waterfront lots sold in the Lake Norman area, a 100% decrease from the 3 Cornelius waterfront lot sold in June. The average sales price was $N/A, down 100% from the June average sales price which was $663,333. July 2015 sales figures decreased 100% from July 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 100% from the July 2014 average sales price of $712,500.
The average days on the market decreased N/A% from June, from 66 to N/A days on the market in July. Days on the market were down N/A% from July 2014 when the average was 266 days on the market.
Currently there are 21 Cornelius waterfront lots listed in the MLS with 6 of those under contract, up 20% from July. The average list price is $615,471, up 9.8% 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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