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Cornelius Real Estate Market Update March 2015

Cornelius Real Estate Market Update August 2014

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

Cornelius Real Estate Market Update August 2014

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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