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Cornelius Real Estate Market Update July 2015
July 2015 Cornelius Real Estate Market Update
Cornelius Homes
In July 2015 51 homes sold in the Cornelius area, a 4.1% increase from the 49 homes sold in June 2015. July 2015 sales figures decreased 15% from July 2014 when 60 homes sold in the Cornelius area.
The average sales price increased 6.6% from $472,511 in June to $503,852 in July. The July 2015 average sales price decreased 7.6% from the July 2014 average sales price which was $545,157.
Average days on the market decreased 31% from 87 days in June to 60 days on the market in July. The July 2014 average days on the market were 64, a 35.9% decrease in market time.
Currently there are 265 homes for sale in the Cornelius MLS area, down 1.1% from July. The average list price is $844,266 up .6% from the July average list price of $839,454. 87 Cornelius homes are currently under contract, down 7.5% from July.
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Cornelius Condos & Townhomes
In July 2015 45 condos/townhomes sold in the Cornelius area, a 55.2% increase from the 29 condos or townhomes sold in June 2015. July 2015 sales figures increased 66.7% from July 2014 when 27 Cornelius condos sold.
The average sales price increased 17% from $180,603 in June 2015 to $211,299 in July 2015. July 2015 average sales price decreased .6% from the July 2014 average sales price which was $212,575.
Average days on the market increased 35% from 43 in June to 58 in July. July 2014 average days on the market were 70, a decrease of 17.1%.
Currently there are 133 condo/townhomes for sale in the Cornelius MLS area, a 8.3% decrease from the 145 Cornelius condos for sale in July. The average list price is $212,256, down 1.8% from July’s average list price of $216,048. 50 Cornelius condos/townhomes are currently under contract, a 20.6% decrease from July.
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Cornelius Lots
In July 2015 1 lot sold in the Cornelius area, a 75% decrease from the 4 lots sold in June. July 2015 sales figures decreased 50% from July 2014 when 2 Cornelius lots sold.
The average sales price decreased 85.1% from $508,400 in June to $76,000 in July. July 2015 average sales price decreased 77.3% from the July 2014 average sales price which was $335,000.
Average days on the market increased 225% from 53 in June to 172 in July. July 2014 average days on the market were 266, a 35.3% decrease in market time versus the same time period last year.
Currently there are 46 lots for sale in the Cornelius MLS area, a decrease of 14.8% from July. The average list price is $667,854, up 3.3% from July’s average list price of $646,756. 9 Cornelius lots are currently under contract, a 12.5% increase from July.
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Cornelius Waterfront Real Estate Market Update June 2015
Cornelius Waterfront Real Estate Update June 2015
Cornelius Waterfront Homes
In June 2015 4 Cornelius waterfront homes sold, a 60% decrease from the 10 Cornelius waterfront homes sold in May 2015. June 2015 waterfront sales figures decreased 55.6% from June 2014 when 9 Cornelius waterfront homes sold.
The average sales price increased 22% from $1,124,575 in May to $1,374,250 in June 2015. The June 2015 average sales price increased 18.4% from the June 2014 average sales price which was $1,161,054.
Average days on the market increased from 135 in May to 136 in June 2015, a .7% increase in market time. June 2014 average days on the market were 153, a 11.1% decrease in market time.
Currently there are 80 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 7% from June. The average list price is $1,665,521 up 3.3% from June. The current lowest pricedCornelius 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 June 2015 7 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 46.2% decrease from the 13 Cornelius waterfront condos sold in May 2015. June 2015 sales figures increased 40% from June 2014 when 5 Cornelius waterfront condos sold.
The average sales price decreased 15.6% from $248,462 in May to $209,679 in June 2015. June 2015 average sales price decreased 6.7% from the June 2014 average sales price which was $224,800.
Average days on the market increased 11.5% from 61 in May to 68 in June 2015. June 2014 average days on the market were 80, a 15% decrease in market time.
Currently there are 42 Cornelius waterfront condos listed in the MLS with 12 of those under contract, a 25% decrease from June. The average list price is $288,474, up 4.3% from last month. The lowest priced activeCornelius waterfront condo is listed at $149,000 and the highest priced Cornelius waterfront condo is listed at $500,000.
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Cornelius Waterfront Lots
In June 2015 3 Cornelius waterfront lots sold in the Lake Norman area, a 0% increase from the 3 Cornelius waterfront lot sold in May. The average sales price was $663,333, down 13.8% from the May average sales price which was $769,333. June 2015 sales figures increased 200% from June 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 128.7% from the June 2014 average sales price of $290,000.
The average days on the market decreased 75.6% from May, from 270 to 66 days on the market in June. Days on the market were down 20.5% from June 2014 when the average was 83 days on the market.
Currently there are 28 Cornelius waterfront lots listed in the MLS with 5 of those under contract, down 0% from June. The average list price is $834,104, down .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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