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Cornelius Real Estate Market Update June 2015
June 2015 Cornelius Real Estate Market Update
Cornelius Homes
In June 2015 49 homes sold in the Cornelius area, a 22.2% decrease from the 63 homes sold in May 2015. June 2015 sales figures decreased 24.6% from June 2014 when 65 homes sold in the Cornelius area.
The average sales price decreased 2.4% from $484,347 in May to $472,511 in June. The June 2015 average sales price increased 9.8% from the June 2014 average sales price which was $430,273.
Average days on the market increased 64.2% from 53 days in May to 87 days on the market in June. The June 2014 average days on the market were 64, a 35.9% decrease in market time.
Currently there are 268 homes for sale in the Cornelius MLS area, down 3.2% from June. The average list price is $839,454 up 6.3% from the June average list price of $789,716. 94 Cornelius homes are currently under contract, down 10.5% from June.
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Cornelius Condos & Townhomes
In June 2015 29 condos/townhomes sold in the Cornelius area, a 9.4% decrease from the 32 condos or townhomes sold in May 2015. June 2015 sales figures increased 0% from June 2014 when 29 Cornelius condos sold.
The average sales price decreased 1.2% from $182,859 in May 2015 to $180,603 in June 2015. June 2015 average sales price increased 10.7% from the June 2014 average sales price which was $163,198.
Average days on the market decreased 17.3% from 52 in May to 43 in June. June 2014 average days on the market were 58, a decrease of 25.9%.
Currently there are 145 condo/townhomes for sale in the Cornelius MLS area, a 6.5% decrease from the 155 Cornelius condos for sale in June. The average list price is $216,048, up 1.6% from June’s average list price of $212,646. 63 Cornelius condos/townhomes are currently under contract, a 26% increase from June.
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Cornelius Lots
In June 2015 4 lot sold in the Cornelius area, a 0% decrease from the 4 lots sold in May. June 2015 sales figures increased 100% from June 2014 when 2 Cornelius lots sold.
The average sales price decreased 15.2% from $599,500 in May to $508,400 in June. June 2015 average sales price increased 184% from the June 2014 average sales price which was $179,000.
Average days on the market decreased 74.4% from 207 in May to 53 in June. June 2014 average days on the market were 105, a 49.5% decrease in market time versus the same time period last year.
Currently there are 54 lots for sale in the Cornelius MLS area, an increase of 10.2% from June. The average list price is $646,756, down .5% from June’s average list price of $649,831. 8 Cornelius lots are currently under contract, a 0% decrease from June.
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Cornelius Waterfront Real Estate Market Update May 2015
Cornelius Waterfront Real Estate Update May 2015
Cornelius Waterfront Homes
In May 2015 10 Cornelius waterfront homes sold, a 400% increase from the 2 Cornelius waterfront homes sold in April 2015. May 2015 waterfront sales figures decreased 9.1% from May 2014 when 11 Cornelius waterfront homes sold.
The average sales price increased 69.7% from $662,875 in April to $1,124,575 in May 2015. The May 2015 average sales price increased 26.4% from the May 2014 average sales price which was $889,364.
Average days on the market increased from 28 in April to 135 in May 2015, a 382% increase in market time. May 2014 average days on the market were 165, a 18.2% decrease in market time.
Currently there are 75 Cornelius waterfront homes listed in the MLS with 14 of those under contract, up 0% from May. The average list price is $1,612,238 up 4.8% from May. 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 May 2015 13 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 44.4% increase from the 9 Cornelius waterfront condos sold in April 2015. May 2015 sales figures decreased 160% from May 2014 when 5 Cornelius waterfront condos sold.
The average sales price increased 15.2% from $215,767 in April to $248,462 in May 2015. May 2015 average sales price increased 19.7% from the May 2014 average sales price which was $207,600.
Average days on the market decreased 51.6% from 126 in April to 61 in May 2015. May 2014 average days on the market were 11, a 45% decrease in market time.
Currently there are 48 Cornelius waterfront condos listed in the MLS with 16 of those under contract, a 0% increase from May. The average list price is $276,706, up 3.9% from last month. The lowest pricedCornelius waterfront condo is listed at $124,750 and the highest priced Cornelius waterfront condo is listed at $469,900.
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Cornelius Waterfront Lots
In May 2015 3 Cornelius waterfront lots sold in the Lake Norman area, a 200% increase from the 1 Cornelius waterfront lot sold in April. The average sales price was $769,333, up 109% from the April average sales price which was $368,000. May 2015 sales figures increased 200% from May 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 14.5% from the May 2014 average sales price of $900,000.
The average days on the market decreased 100% from April, from 0 to 270 days on the market in May. Days on the market were up 63.6% from May 2014 when the average was 165 days on the market.
Currently there are 25 Cornelius waterfront lots listed in the MLS with 5 of those under contract, down 16.7% from May. The average list price is $836,236, up 3.6% 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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