Tag Archives: property values
Cornelius Waterfront Real Estate Market Update January 2017
Cornelius Waterfront Real Estate Stats for January 2017
Cornelius Waterfront Homes
In January 2017 6 Cornelius waterfront homes sold, a 25% decrease from the 8 Cornelius waterfront homes sold in December 2016. January 2017 waterfront sales figures increased 100% from January 2016 when 3 Cornelius waterfront homes sold.
The average sales price increased 27.2% from $1,398,625 in December to $1,778,750 in January. The January 2017 average sales price increased 37.8% from the January 2016 average sales price which was $1,291,000.
Average days on the market decreased from 224 in December to 59 in January, a 73.7% decrease in market time. The January 2016 average days on the market were 15, a 293.3% increase in market time.
Currently there are 59 active Cornelius waterfront homes listed in the MLS with 12 more under contract, up 0% from January. The average list price is $1,689,364 up 10% from January. The current lowest priced Cornelius waterfront home is listed at $589,500 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In January 2017 4 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 0% decrease from the 4 Cornelius waterfront condos sold in December 2016. January 2017 sales figures increased 300% from January 2016 when 1 Cornelius waterfront condos sold.
The average sales price increased .5% from $234,500 in December to $235,563 in January. The January 2017 average sales price increased 70.7% from the January 2016 average sales price which was $138,000.
Average days on the market increased 84.8% from 33 in December to 61 in January. The January 2016 average days on the market were 148, a 58.8% decrease in market time from one year ago.
Currently there are 7 active Cornelius waterfront condos listed in the MLS with 12 more under contract, a 100% increase from January. The average list price is 457,398, up 32.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $195,000 and the highest priced Cornelius waterfront condo is listed at $715,000.
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Cornelius Waterfront Lots
In January 2017 0 Cornelius waterfront lot sold in the Lake Norman area, a 200% decrease from the 2 Cornelius waterfront lots sold in December. January 2017 sales figures increased NA% from January 2016 when 0 Cornelius waterfront lots sold.
The January average sales price was $NA, down NA% from the December average sales price which was $1,300,000. The average sales price increased N/A% from the January 2016 average sales price of $N/A.
The average days on the market decreased NA% from December, from 65 to NA days on the market in January. Days on the market were up N/A% from January 2016 when the average was N/A days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the MLS with 4 others under contract, down 25% from January. The average list price is $995,214, up .8% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,850,000.
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Cornelius Real Estate Market Update January 2017
Cornelius Real Estate Market Stats for January 2017
Cornelius Homes
In January 2017 33 homes sold in the Cornelius area, a 41.1% decrease from the 56 Cornelius homes sold in December 2016. January 2017 sales figures increased 26.9% from January 2016 when 26 homes sold in the Cornelius area.
The average sales price in Cornelius increased 31% from $482,544 in December to $632,049 in January. The January 2017 average sales price increased 46.5% from the January 2016 average sales price which was $431,387.
Average days on the market decreased 36.5% from 74 days in December to 47 days on the market in January. The January 2016 average days on the market were 71, a 33.8% decrease in market time from one year ago.
Currently there are 152 active homes for sale in the Cornelius MLS area, up .7% from January. The average list price is $976,002 up 13.4% from the January average list price of $860,797. 76 Cornelius homes are currently under contract, up 18.75% from January. Based on these statistics, 4.6 months of inventory, we are currently in a sellers market in Cornelius.
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Cornelius Condos & Townhomes
In January 2017 19 condos/townhomes sold in the Cornelius area, a 17.4% decrease from the 23 Cornelius condos or townhomes sold in December. January 2017 sales figures increased 90% from January 2016 when 10 Cornelius condos sold.
The average sales price increased 7.2% from $185,674 in December 2016 to $199,092 in January 2017. The January 2017 average sales price increased 13.4% from the January 2016 average sales price which was $175,576.
Average days on the market increased 23.1% from 39 in December to 48 in January. January 2016 average days on the market were 38, an increase of 26.3% market time from one year ago.
Currently there are 42 active condo/townhomes for sale in the Cornelius MLS area, a 23.5% increase from the 34 Cornelius condos for sale in January. The average list price is $247,313, down 5.8% from January’s average list price of $262,657. 45 Cornelius condos/townhomes are currently under contract, a 25% increase from January. Based on these figures, 2.2 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In January 2017 2 lots sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in December 2016. January 2017 sales figures increased 200% from January 2016 when 0 Cornelius lots sold.
The average sales price decreased 61.8% from $921,667 in December to $352,500 in January. The January 2017 average sales price increased NA% from the January 2016 average sales price which was $NA.
Average days on the market decreased 22.1% from 235 in December to 183 in January. The January 2016 average days on the market were NA, a NA% increase in market time versus the same time period last year.
Currently there are 26 active lot listings in the Cornelius MLS area, a decrease of 0% from January. The average list price is $787,723, down 5.4% from January’s average list price of $832,762. 8 Cornelius lots are currently under contract, a 11.1% decrease from January. Based on these numbers, 13 months of inventory, we are in a buyers market for Cornelius lots for sale.
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