Tag Archives: property values
Cornelius Waterfront Real Estate Market Update July 2016
July 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In July 2016 6 Cornelius waterfront homes sold, a 25% decrease from the 8 Cornelius waterfront homes sold in June. July 2016 waterfront sales figures increased 0% from July 2015 when 6 Cornelius waterfront homes sold.
The average sales price increased 27.7% from $1,587,813 in June to $2,028,333 in July. The July 2016 average sales price increased 46.1% from the July 2015 average sales price which was $1,388,167.
Average days on the market increased from 84 in June to 239 in July, a 185% increase in market time. The July 2015 average days on the market were 108, a 121.3% increase in market time.
Currently there are 86 active Cornelius waterfront homes listed in the MLS with 19 more under contract, down 10.5% from July. The average list price is $1,479,990 down 1.7% from July. The current lowest priced Cornelius waterfront home is listed at $439,900 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.
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Cornelius Waterfront Condos & Townhomes
In July 2016 8 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 33% increase from the 6 Cornelius waterfront condos sold in June. July 2016 sales figures decreased 11.1% from July 2015 when 9 Cornelius waterfront condos sold.
The average sales price increased 27.7% from $219,483 in June to $280,375 in July. The July 2016 average sales price increased .5% from the July 2015 average sales price which was $278,944.
Average days on the market decreased 24.7% from 81 in June to 61 in July. The July 2015 average days on the market were 53, a 15.1% increase in market time.
Currently there are 24 active Cornelius waterfront condos listed in the MLS with 9 more under contract, an 18% decrease from July. The average list price is $318,737, up .2% from last month. The lowest priced active Cornelius waterfront condo is listed at $130,000 and the highest priced Cornelius waterfront condo is listed at $475,000.
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Cornelius Waterfront Lots
In July 2016 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 4 Cornelius waterfront lot sold in June. July 2016 sales figures increased 0% from July 2015 when 0 Cornelius waterfront lots sold.
The July average sales price was $NA, down NA% from the June average sales price which was $921,250. The average sales price increased NA% from the July 2015 average sales price of $NA.
The average days on the market increased NA% from June, from 62 to NA days on the market in July. Days on the market were up 0% from July 2015 when the average was NA days on the market.
Currently there are 22 active Cornelius waterfront lots listed in the MLS with 7 under contract, up 75% from July. The average list price is $868,695, up 1.4% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,399,900.
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Cornelius Real Estate Market Update July 2016
July 2016 Cornelius Real Estate Market Update
Cornelius Homes
In July 2016 41 homes sold in the Cornelius area, a 31.7% decrease from the 60 homes sold in June. July 2016 sales figures decreased 12.8% from July 2015 when 47 homes sold in the Cornelius area.
The average sales price in Cornelius increased 9.5% from $561,431 in June to $614,766 in July. The July 2016 average sales price increased 19.9% from the July 2015 average sales price which was $512,792.
Average days on the market increased 82% from 45 days in June to 82 days on the market in July. The July 2015 average days on the market were 50, a 64% decrease in market time.
Currently there are 207 active homes for sale in the Cornelius MLS area, down 2.4% from July. The average list price is $940,136 up .08% from the July average list price of $939,337. 112 Cornelius homes are currently under contract, up .9% from July.
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Cornelius Condos & Townhomes
In July 2016 26 condos/townhomes sold in the Cornelius area, a 10.3% decrease from the 29 Cornelius condos or townhomes sold in June. July 2016 sales figures decreased 33% from June 2015 when 39 Cornelius condos sold.
The average sales price increased 29.4% from $179,859 in June 2016 to $232,756 in July 2016. The July 2016 average sales price increased 15.8% from the July 2015 average sales price which was $201,078.
Average days on the market decreased 6.7% from 48 in June to 45 in July. July 2015 average days on the market were 51, a decrease of 11.8%.
Currently there are 69 active condo/townhomes for sale in the Cornelius MLS area, a 3% increase from the 67 Cornelius condos for sale in July. The average list price is $239,212, down 3.1% from July’s average list price of $246,756. 43 Cornelius condos/townhomes are currently under contract, a 0% decrease from July.
Cornelius Lots
In July 2016 1 lots sold in the Cornelius area, a 75% decrease from the 4 Cornelius lots sold in June. July 2016 sales figures increased 0% from July 2015 when 1 Cornelius lots sold.
The average sales price decreased 80.4% from $921,250 in June to $180,500 in July. The July 2016 average sales price increased 137.5% from the July 2015 average sales price which was $76,000.
Average days on the market increased 445% from 62 in June to 338 in July. The July 2015 average days on the market were 172, a 96.5% increase in market time versus the same time period last year.
Currently there are 37 active lot listings in the Cornelius MLS area, an increase of 0% from July. The average list price is $753,854, up 6.8% from July’s average list price of $705,065. 14 Cornelius lots are currently under contract, a 16.7% increase from July.
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