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Cornelius Real Estate Market Update December 2014
Cornelius Homes
In December 2014 49 homes sold in the Cornelius area, a 48.5% increase from the 33 homes sold in November and the highest December total since 2006! December 2014 sales figures increased 32.4% from December 2013 when 37 homes sold in the Cornelius area.
The average sales price decreased 1.3% from $440,301 in November to $434,741 in December. The December 2014 average sales price decreased 8.4% from the December 2013 average sales price which was $474,473.
Average days on the market increased 13.8% from 58 days in November to 66 days on the market in December. December 2013 average days on the market were 104, a 36.5% decrease in market time.
Currently there are 200 homes for sale in the Cornelius MLS area, down 9.5% from November. The average list price is $757,510 up .8% from the November average list price of $751,799. 44 Cornelius homes are currently under contract, down 31.3% from November.
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Cornelius Condos & Townhomes
In December 2014 15 condos/townhomes sold in the Cornelius area, a 6.3% decrease from the 16 condos or townhomes sold in November 2014. December 2014 sales figures decreased 21.1% from December 2013 when 19 Cornelius condos sold.
The average sales price decreased .3% from $185,387 in November 2014 to $184,741 in December 2014. December 2014 average sales price increased 23.5% from the December 2013 average sales price which was $149,598.
Average days on the market increased 4% from 50 in November to 52 in December. December 2013 average days on the market were 103, a decrease of 49.5%.
Currently there are 98 condo/townhomes for sale in the Cornelius MLS area,a 6.7% decrease from the 105 condos for sale in November. The average list price is $204,854, down .5% from November’s average list price of $205,885. 28 Cornelius condos/townhomes are currently under contract, a 15.2% decrease from November.
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Cornelius Lots
In December 2014 2 lots sold in the Cornelius area, a 200% increase from the 0 lots sold in November. December 2014 sales figures increased 200% from December 2013 when 0 Cornelius lots sold.
The average sales price increased 100% from N/A in November to $659,500 in December. December 2014 average sales price increased 100% from the December 2013 average sales price which was N/A.
Average days on the market increased 100% from N/A in November to 66 in December. December 2013 average days on the market were N/A, a 0% increase in market time versus the same time period last year.
Currently there are 38 lots for sale in the Cornelius MLS area, a decrease of 9.5% from November. The average list price is $668,503, up 6.4% from November’s average list price of $628,271. 5 Cornelius lots are currently under contract, a 37.5% decrease from November.
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