Tag Archives: property values
Cornelius Waterfront Real Estate Market Update June 2016
June 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In June 2016 8 Cornelius waterfront homes sold, a 60% increase from the 5 Cornelius waterfront homes sold in May. June 2016 waterfront sales figures increased 60% from June 2015 when 5 Cornelius waterfront homes sold.
The average sales price increased 17.7% from $1,349,000 in May to $1,587,813 in June. The June 2016 average sales price increased 26.5% from the June 2015 average sales price which was $1,255,000.
Average days on the market increased from 240 in May to 84 in June, a 65% decrease in market time. The June 2015 average days on the market were 133, a 36.8% decrease in market time.
Currently there are 87 active Cornelius waterfront homes listed in the MLS with 21 more under contract, up 50% from June. The average list price is $1,505,045 down 1.4% from June. The current lowest priced Cornelius waterfront home is listed at $599,900 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.
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Cornelius Waterfront Condos & Townhomes
In June 2016 6 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 200% increase from the 2 Cornelius waterfront condos sold in May. June 2016 sales figures decreased 33% from June 2015 when 9 Cornelius waterfront condos sold.
The average sales price decreased 30% from $312,250 in May to $219,483 in June. The June 2016 average sales price decreased 12.6% from the June 2015 average sales price which was $251,028.
Average days on the market decreased 63.5% from 222 in May to 81 in June. The June 2015 average days on the market were 111, a 27% decrease in market time.
Currently there are 28 active Cornelius waterfront condos listed in the MLS with 11 more under contract, a 10% increase from June. The average list price is $318,204, up 2.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $149,900 and the highest priced Cornelius waterfront condo is listed at $485,000.
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Cornelius Waterfront Lots
In June 2016 4 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 2 Cornelius waterfront lot sold in May. June 2016 sales figures increased 100% from June 2015 when 2 Cornelius waterfront lots sold.
The June average sales price was $921,250, down 14% from the May average sales price which was $1,071,500. The average sales price increased 15.2% from the June 2015 average sales price of $800,000.
The average days on the market increased 377% from May, from 13 to 62 days on the market in June. Days on the market were up 520% from June 2015 when the average was 10 days on the market.
Currently there are 24 active Cornelius waterfront lots listed in the MLS with 4 under contract, down 0% from June. The average list price is $856,858, down 1.6% from last month. The lowest priced Cornelius waterfront lot is listed at $365,000 and the highest priced Cornelius waterfront lot is listed at $1,400,000.
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Cornelius Real Estate Market Update June 2016
June 2016 Cornelius Real Estate Market Update
Cornelius Homes
In June 2016 58 homes sold in the Cornelius area, an 11.5% increase from the 52 homes sold in May. June 2016 sales figures decreased 0% from June 2015 when 58 homes sold in the Cornelius area.
The average sales price in Cornelius increased 25.9% from $454,730 in May to $572,429 in June. The June 2016 average sales price increased 23.8% from the June 2015 average sales price which was $462,298.
Average days on the market decreased 24.6% from 61 days in May to 46 days on the market in June. The June 2015 average days on the market were 80, a 42.5% decrease in market time.
Currently there are 212 active homes for sale in the Cornelius MLS area, up 2% from June. The average list price is $939,337 down 3% from the June average list price of $968,882. 111 Cornelius homes are currently under contract, down 6.7% from June.
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Cornelius Condos & Townhomes
In June 2016 28 condos/townhomes sold in the Cornelius area, a 0% increase from the 28 Cornelius condos or townhomes sold in May. June 2016 sales figures decreased 20% from June 2015 when 35 Cornelius condos sold.
The average sales price decreased 3.4% from $188,136 in May 2016 to $181,675 in June 2016. The June 2016 average sales price decreased 6.6% from the June 2015 average sales price which was $194,514.
Average days on the market increased 11% from 45 in May to 50 in June. June 2015 average days on the market were 55, a decrease of 9.1%.
Currently there are 67 active condo/townhomes for sale in the Cornelius MLS area, a 6.3% increase from the 63 Cornelius condos for sale in June. The average list price is $246,756, down 7.7% from June’s average list price of $267,342. 43 Cornelius condos/townhomes are currently under contract, a 2.3% decrease from June.
Cornelius Lots
In June 2016 4 lots sold in the Cornelius area, a 100% decrease from the 2 Cornelius lots sold in May. June 2016 sales figures increased 33% from June 2015 when 3 Cornelius lots sold.
The average sales price decreased 14% from $1,071,500 in May to $921,250 in June. The June 2016 average sales price increased 68.2% from the June 2015 average sales price which was $547,867.
Average days on the market increased 377% from 13 in May to 62 in June. The June 2015 average days on the market were 11, a 464% 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 June. The average list price is $705,065, up 2.2% from June’s average list price of $690,095. 12 Cornelius lots are currently under contract, a 20% increase from June.
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