Tag Archives: property values
Cornelius Waterfront Real Estate Market Update November 2016
Cornelius Waterfront Real Estate Stats for November 2016
Cornelius Waterfront Homes
In November 2016 4 Cornelius waterfront homes sold, a 42.9% decrease from the 7 Cornelius waterfront homes sold in October. November 2016 waterfront sales figures decreased 20% from November 2015 when 5 Cornelius waterfront homes sold.
The average sales price increased 76.2% from $955,929 in October to $1,684,375 in November. The November 2016 average sales price increased 97.4% from the November 2015 average sales price which was $853,100.
Average days on the market increased from 95 in October to 228 in November, a 140% increase in market time. The November 2015 average days on the market were 84, a 171.4% increase in market time.
Currently there are 53 active Cornelius waterfront homes listed in the MLS with 11 more under contract, down 15.4% from November. The average list price is $1,541,591 up 2% from November. The current lowest priced Cornelius waterfront home is listed at $424,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In November 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 16.7% decrease from the 6 Cornelius waterfront condos sold in October. November 2016 sales figures increased 66.7% from November 2015 when 3 Cornelius waterfront condos sold.
The average sales price decreased 10.6% from $266,167 in October to $237,900 in November. The November 2016 average sales price increased 22.5% from the November 2015 average sales price which was $194,167.
Average days on the market decreased 56.1% from 123 in October to 54 in November. The November 2015 average days on the market were 79, a 31.6% decrease in market time from one year ago.
Currently there are 11 active Cornelius waterfront condos listed in the MLS with 5 more under contract, a 44% decrease from November. The average list price is $338,806, down 2.9% from last month. The lowest priced active Cornelius waterfront condo is listed at $163,000 and the highest priced Cornelius waterfront condo is listed at $699,900.
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Cornelius Waterfront Lots
In November 2016 5 Cornelius waterfront lot sold in the Lake Norman area, a 500% increase from the 0 Cornelius waterfront lots sold in October. November 2016 sales figures decreased 400% from November 2015 when 1 Cornelius waterfront lots sold.
The November average sales price was $721,000, down N/A% from the October average sales price which was $N/A. The average sales price decreased 9.9% from the November 2015 average sales price of $800,000.
The average days on the market decreased N/A% from October, from N/A to 129 days on the market in November. Days on the market were up 4.9% from November 2015 when the average was 123 days on the market.
Currently there are 16 active Cornelius waterfront lots listed in the MLS with 3 others under contract, down 25% from November. The average list price is $1,065,244, up 3% from last month. The lowest priced Cornelius waterfront lot is listed at $248,500 and the highest priced Cornelius waterfront lot is listed at $1,875,000.
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Cornelius Real Estate Market Update November 2016
Cornelius Real Estate Market Stats for November 2016
Cornelius Homes
In November 2016 37 homes sold in the Cornelius area, a 19.6% decrease from the 47 Cornelius homes sold in October. November 2016 sales figures decreased 14% from November 2015 when 43 homes sold in the Cornelius area.
The average sales price in Cornelius increased 16.5% from $442,170 in October to $515,128 in November. The November 2016 average sales price increased 8.2% from the November 2015 average sales price which was $476,102.
Average days on the market increased 71.1% from 45 days in October to 77 days on the market in November. The November 2015 average days on the market were 53, a 45.3% increase in market time from one year ago.
Currently there are 159 active homes for sale in the Cornelius MLS area, down 9.1% from November. The average list price is $862,047 down .2 from the November average list price of $863,434. 65 Cornelius homes are currently under contract, down 27.8% from November.
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Cornelius Condos & Townhomes
In November 2016 22 condos/townhomes sold in the Cornelius area, a 15.4% decrease from the 26 Cornelius condos or townhomes sold in October. November 2016 sales figures increased 46.7% from November 2015 when 15 Cornelius condos sold.
The average sales price decreased 3.8% from $199,916 in October 2016 to $192,381 in November 2016. The November 2016 average sales price increased 12.5% from the November 2015 average sales price which was $170,993.
Average days on the market decreased 33.9% from 56 in October to 37 in November. November 2015 average days on the market were 64, an decrease of 42.2% market time from one year ago.
Currently there are 45 active condo/townhomes for sale in the Cornelius MLS area, a 15% decrease from the 53 Cornelius condos for sale in November. The average list price is $260,334, up 1% from November’s average list price of $257,690. 27 Cornelius condos/townhomes are currently under contract, a 27% decrease from November.
Cornelius Lots
In November 2016 6 lots sold in the Cornelius area, a 100% increase from the 3 Cornelius lots sold in October. November 2016 sales figures increased 100% from November 2015 when 3 Cornelius lots sold.
The average sales price increased 597% from $90,500 in October to $630,833 in November. The November 2016 average sales price increased 42.3% from the November 2015 average sales price which was $443,333.
Average days on the market decreased 25% from 148 in October to 111 in November. The November 2015 average days on the market were 223, a 50.2% decrease in market time versus the same time period last year.
Currently there are 28 active lot listings in the Cornelius MLS area, a decrease of 9.7% from November. The average list price is $796,489, down 5.4% from November’s average list price of $841,781. 9 Cornelius lots are currently under contract, a 10% decrease from November.
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