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Cornelius Real Estate Market Update March 2015
March 2015 Cornelius Real Estate Market Update
Cornelius Homes
In March 2015 33 homes sold in the Cornelius area, a 65% increase from the 20 homes sold in February 2015. March 2015 sales figures increased 6.5% from March 2014 when 31 homes sold in the Cornelius area.
The average sales price decreased 42.6% from $549,800 in February to $315,775 in March. The March 2015 average sales price decreased 37% from the March 2014 average sales price which was $501,162.
Average days on the market decreased 22.5% from 80 days in February to 62 days on the market in March. The March 2014 average days on the market were 102, a 39.2% decrease in market time.
Currently there are 269 homes for sale in the Cornelius MLS area, up 9.3% from February. The average list price is $720,583 up 1% from the February average list price of $713,758. 109 Cornelius homes are currently under contract, up 51.4% from February!
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Cornelius Condos & Townhomes
In March 2015 16 condos/townhomes sold in the Cornelius area, a 5.9% decrease from the 17 condos or townhomes sold in February 2015. March 2015 sales figures decreased 5.9% from March 2014 when 17 Cornelius condos sold.
The average sales price decreased 2.3% from $184,269 in February 2015 to $180,073 in March 2015. March 2015 average sales price increased 9% from the March 2014 average sales price which was $165,180.
Average days on the market decreased 51.1% from 88 in February to 43 in March. March 2014 average days on the market were 143, a decrease of 69.9%.
Currently there are 133 condo/townhomes for sale in the Cornelius MLS area, a 30.4% increase from the 102 Cornelius condos for sale in February. The average list price is $207,231, down .8% from February’s average list price of $208,938. 49 Cornelius condos/townhomes are currently under contract, a 53% increase from February!
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Cornelius Lots
In March 2015 2 lots sold in the Cornelius area, a 100% decrease from the 1 lots sold in February. March 2015 sales figures increased 1000% from March 2014 when 0 Cornelius lots sold.
The average sales price increased 370% from $90,000 in February to $422,700 in March. March 2015 average sales price increased 100% from the March 2014 average sales price which was $N/A.
Average days on the market increased 125% from 166 in February to 374 in March. March 2014 average days on the market were N/A, a N/A% decrease in market time versus the same time period last year.
Currently there are 53 lots for sale in the Cornelius MLS area, an increase of 47.2% from February. The average list price is $642,766, down 7.9% from February’s average list price of $698,097. 8 Cornelius lots are currently under contract, a 33% increase from February.
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Cornelius Waterfront Real Estate Market Update February 2015
February 2015 Cornelius Waterfront Market Update
Cornelius Waterfront Homes
In February 2015 4 Cornelius waterfront homes sold, a 33% increase from the 3 Cornelius waterfront homes sold in January 2015. February 2015 waterfront sales figures increased 100% from February 2014 when 2 Cornelius waterfront homes sold.
The average sales price increased 14% from $1,375,833 in January to $1,568,750 in February 2015. The February 2015 average sales price increased 141.8% from the February 2014 average sales price which was $648,750.
Average days on the market decreased from 162 in January to 115 in February 2015, a 29% decrease in market time. February 2014 average days on the market were 232, a 50.4% decrease in market time.
Currently there are 59 Cornelius waterfront homes listed in the MLS with 7 of those under contract, up 0% from January. The average list price is $1,523,821 up 5% from January. The current lowest priced Cornelius waterfront home is listed at $475,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In February 2015 3 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 50% increase from the 2 Cornelius waterfront condos sold in January 2015. February 2015 sales figures increased 200% from February 2014 when 1 Cornelius waterfront condos sold.
The average sales price decreased 18.4% from $262,500 in January to $214,167 in February 2015. February 2015 average sales price decreased 10.8% from the February 2014 average sales price which was $240,000.
Average days on the market increased 58.1% from 43 in January to 68 in February 2015. February 2014 average days on the market were 108, a 37% decrease in market time.
Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 2.8% decrease from January. The average list price is $271,334, up 7.9% from last month. The lowest priced Cornelius waterfront condo is listed at $124,500 and the highest priced Cornelius waterfront condo is listed at $495,000.
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Cornelius Waterfront Lots
In February 2015 0 Cornelius waterfront lots sold in the Lake Norman area, a 100% decrease from the 3 Cornelius waterfront lots sold in January. The average sales price was N/A, down 100% from the January average sales price which was $741,667. February 2015 sales figures increased 0% from February 2014 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the February 2014 average sales price of N/A.
The average days on the market increased 0% from January, from 196 to N/A days on the market in February. Days on the market were down 0% from February 2014 when the average was N/A days on the market.
Currently there are 16 Cornelius waterfront lots listed in the MLS with 4 of those under contract, up 0% from January. The average list price is $920,350, down 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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