Tag Archives: property values
Cornelius Waterfront Real Estate Market Update October 2016
October 2016 Cornelius Waterfront Real Estate Stats
Cornelius Waterfront Homes
In October 2016 7 Cornelius waterfront homes sold, a 30% decrease from the 10 Cornelius waterfront homes sold in September. October 2016 waterfront sales figures increased 16.7% from October 2015 when 6 Cornelius waterfront homes sold.
The average sales price decreased 4.9% from $1,005,340 in September to $955,929 in October. The October 2016 average sales price increased 4.3% from the October 2015 average sales price which was $916,333.
Average days on the market decreased from 100 in September to 95 in October, a 5% decrease in market time. The October 2015 average days on the market were 115, a 17.4% decrease in market time.
Currently there are 58 active Cornelius waterfront homes listed in the MLS with 13 more under contract, down 0% from October. The average list price is $1,510,169 down 1.2 from October. The current lowest priced Cornelius waterfront home is listed at $424,900 and the current highest priced activeCornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In October 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 40% decrease from the 10 Cornelius waterfront condos sold in September. October 2016 sales figures increased 0% from October 2015 when 6 Cornelius waterfront condos sold.
The average sales price increased 1.1% from $263,345 in September to $266,167 in October. The October 2016 average sales price increased .9% from the October 2015 average sales price which was $263,667.
Average days on the market increased 13.9% from 108 in September to 123 in October. The October 2015 average days on the market were 51, a 141.2% increase in market time.
Currently there are 13 active Cornelius waterfront condos listed in the MLS with 9 more under contract, a 10% decrease from October. The average list price is $348,923, up 5.7% 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 $715,000.
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Cornelius Waterfront Lots
In October 2016 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 2 Cornelius waterfront lots sold in September. October 2016 sales figures decreased 100% from October 2015 when 1 Cornelius waterfront lots sold.
The October average sales price was $N/A, down N/A% from the September average sales price which was $1,055,000. The average sales price increased N/A% from the October 2015 average sales price of $550,000.
The average days on the market decreased N/A% from September, from 71 to N/A days on the market in October. Days on the market were up N/A% from October 2015 when the average was 201 days on the market.
Currently there are 19 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 0% from October. The average list price is $1,034,626, up 17.3% 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 October 2016
October 2016 Cornelius Real Estate Market Stats
Cornelius Homes
In October 2016 46 homes sold in the Cornelius area, a 13.2% decrease from the 53 homes sold in September. October 2016 sales figures increased 9.5% from October 2015 when 42 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 14.1% from $514,483 in September to $442,170 in October. The October 2016 average sales price increased 2.5% from the October 2015 average sales price which was $431,539.
Average days on the market decreased 8.2% from 49 days in September to 45 days on the market in October. The October 2015 average days on the market were 60, a 25% decrease in market time.
Currently there are 175 active homes for sale in the Cornelius MLS area, down 9.8% from October. The average list price is $863,434 down 5.7% from the October average list price of $915,443. 90 Cornelius homes are currently under contract, down 4.4% from October.
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Cornelius Condos & Townhomes
In October 2016 26 condos/townhomes sold in the Cornelius area, a 27.8% decrease from the 36 Cornelius condos or townhomes sold in September. October 2016 sales figures decreased 21.2% from October 2015 when 33 Cornelius condos sold.
The average sales price increased .7% from $198,575 in September 2016 to $199,916 in October 2016. The October 2016 average sales price increased 4.6% from the October 2015 average sales price which was $191,118.
Average days on the market decreased 1.8% from 57 in September to 56 in October. October 2015 average days on the market were 43, an increase of 30.2% market time.
Currently there are 53 active condo/townhomes for sale in the Cornelius MLS area, a 7% decrease from the 57 Cornelius condos for sale in October. The average list price is $257,690, up 2.2% from October’s average list price of $252,258. 37 Cornelius condos/townhomes are currently under contract, a 5.2% decrease from October.
Cornelius Lots
In October 2016 3 lots sold in the Cornelius area, a 0% increase from the 3 Cornelius lots sold in September. October 2016 sales figures increased 50% from October 2015 when 2 Cornelius lots sold.
The average sales price decreased 87.3% from $711,667 in September to $90,500 in October. The October 2016 average sales price decreased 77.1% from the October 2015 average sales price which was $395,000.
Average days on the market increased 66.3% from 89 in September to 148 in October. The October 2015 average days on the market were 271, a 45.4% decrease in market time versus the same time period last year.
Currently there are 31 active lot listings in the Cornelius MLS area, a decrease of 11.4% from October. The average list price is $841,781, up 8.9% from October’s average list price of $773,263. 10 Cornelius lots are currently under contract, a 42.9% increase from October.
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