Tag Archives: property values
Cornelius Waterfront Real Estate Market Update September 2016
September 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In September 2016 10 Cornelius waterfront homes sold, a 28.6% decrease from the 14 Cornelius waterfront homes sold in August. September 2016 waterfront sales figures decreased 9.1% from September 2015 when 11 Cornelius waterfront homes sold.
The average sales price decreased 32% from $1,477,357 in August to $1,005,340 in September. The September 2016 average sales price decreased 26% from the September 2015 average sales price which was $1,359,285.
Average days on the market decreased from 161 in August to 100 in September, a 37.9% decrease in market time. The September 2015 average days on the market were 113, a 11.5% decrease in market time.
Currently there are 74 active Cornelius waterfront homes listed in the MLS with 13 more under contract, down 23.5% from September. The average list price is $1,529,137 up 4.5% from September. The current lowest priced Cornelius waterfront home is listed at $459,900 and the current highest priced active Cornelius waterfront home is listed at $3,899,900.
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Cornelius Waterfront Condos & Townhomes
In September 2016 10 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 100% increase from the 5 Cornelius waterfront condos sold in August. September 2016 sales figures increased 25% from September 2015 when 8 Cornelius waterfront condos sold.
The average sales price decreased 2.1% from $268,900 in August to $263,345 in September. The September 2016 average sales price decreased 0% from the September 2015 average sales price which was $263,255.
Average days on the market increased 6.9% from 101 in August to 108 in September. The September 2015 average days on the market were 47, a 129.8% increase in market time.
Currently there are 15 active Cornelius waterfront condos listed in the MLS with 10 more under contract, a 16.7% decrease from September. The average list price is $329,980, up 2.8% from last month. The lowest priced active Cornelius waterfront condo is listed at $147,999 and the highest priced Cornelius waterfront condo is listed at $715,000.
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Cornelius Waterfront Lots
In September 2016 2 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 1 Cornelius waterfront lot sold in August. September 2016 sales figures decreased 33% from September 2015 when 3 Cornelius waterfront lots sold.
The September average sales price was $1,055,000, up 12.2% from the August average sales price which was $940,000. The average sales price increased 39.1% from the September 2015 average sales price of $758,667.
The average days on the market decreased 78.3% from August, from 327 to 71 days on the market in September. Days on the market were up 0% from September 2015 when the average was 71 days on the market.
Currently there are 21 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 33.3% from September. The average list price is $881,757, down 3.2% 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 September 2016
September 2016 Cornelius Real Estate Market Update
Cornelius Homes
In September 2016 52 homes sold in the Cornelius area, a 10.3% decrease from the 58 homes sold in August. September 2016 sales figures increased 18.2% from September 2015 when 44 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 19.4% from $639,680 in August to $515,508 in September. The September 2016 average sales price decreased 15.3% from the September 2015 average sales price which was $608,683.
Average days on the market decreased 32.4% from 74 days in August to 50 days on the market in September. The September 2015 average days on the market were 60, a 16.7% decrease in market time.
Currently there are 194 active homes for sale in the Cornelius MLS area, down 6.7% from September. The average list price is $915,443 up 2.2% from the September average list price of $895,638. 94 Cornelius homes are currently under contract, down 2.1% from September.
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Cornelius Condos & Townhomes
In September 2016 36 condos/townhomes sold in the Cornelius area, a 38.5% increase from the 26 Cornelius condos or townhomes sold in August. September 2016 sales figures decreased 12.2% from September 2015 when 41 Cornelius condos sold.
The average sales price increased 6.9% from $185,717 in August 2016 to $198,575 in September 2016. The September 2016 average sales price increased 5.5% from the September 2015 average sales price which was $188,171.
Average days on the market increased 0% from 45 in August to 57 in September. September 2015 average days on the market were 49, an increase of 16.3% market time.
Currently there are 57 active condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 57 Cornelius condos for sale in September. The average list price is $252,258, up 4.1% from September’s average list price of $242,284. 39 Cornelius condos/townhomes are currently under contract, a 22% decrease from September.
Cornelius Lots
In September 2016 3 lots sold in the Cornelius area, a 0% increase from the 3 Cornelius lots sold in August. September 2016 sales figures increased 0% from September 2015 when 3 Cornelius lots sold.
The average sales price increased 79.1% from $397,333 in August to $711,667 in September. The September 2016 average sales price decreased 6.2% from the September 2015 average sales price which was $758,667.
Average days on the market decreased 72.7% from 326 in August to 89 in September. The September 2015 average days on the market were 71, a 25.4% increase in market time versus the same time period last year.
Currently there are 35 active lot listings in the Cornelius MLS area, a decrease of 2.8% from September. The average list price is $773,263, down 2.8% from September’s average list price of $795,131. 7 Cornelius lots are currently under contract, a 46.2% decrease from September.
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