Tag Archives: property values
Cornelius Waterfront Real Estate Market Update April 2016
April 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In April 2016 5 Cornelius waterfront homes sold, a 0% increase from the 5 Cornelius waterfront homes sold in March. April 2016 waterfront sales figures increased 25% from April 2015 when 4 Cornelius waterfront homes sold.
The average sales price decreased 38.6% from $1,475,000 in March to $905,300 in April. The April 2016 average sales price decreased 16.4% from the April 2015 average sales price which was $1,082,938.
Average days on the market increased from 65 in March to 11 in April, a 41.4% increase in market time. The April 2015 average days on the market were 113, a 1.8% decrease in market time.
Currently there are 76 active Cornelius waterfront homes listed in the MLS with 15 more under contract, up 15.4% from April. The average list price is $1,566,721 down 4.1% from April. The current lowest priced Cornelius waterfront home is listed at $625,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In April 2016 3 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 50% decrease from the 6 Cornelius waterfront condos sold in March. April 2016 sales figures decreased 62.5% from April 2015 when 8 Cornelius waterfront condos sold.
The average sales price decreased 47% from $260,217 in March to $137,917 in April. The April 2016 average sales price decreased 29.8% from the April 2015 average sales price which was $194,488.
Average days on the market decreased 73% from 59 in March to 16 in April. The April 2015 average days on the market were 122, an 87% decrease in market time.
Currently there are 33 active Cornelius waterfront condos listed in the MLS with 6 more under contract, a 50% increase from April. The average list price is $329,703, down 2.2% from last month. The lowest priced activeCornelius waterfront condo is listed at $139,900 and the highest priced Cornelius waterfront condo is listed at $725,000.
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Cornelius Waterfront Lots
In April 2016 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% increase from the 1 Cornelius waterfront lot sold in March. The average sales price was $316,000, down 66% from the March average sales price which was $925,000. April 2016 sales figures decreased 50% from April 2015 when 2 Cornelius waterfront lots sold. The average sales price decreased 16.6% from the April 2015 average sales price of $379,000.
The average days on the market decreased 87% from March, from 403 to 51 days on the market in April. Days on the market were down 42.7% from April 2015 when the average was 89 days on the market.
Currently there are 21 active Cornelius waterfront lots listed in the MLS with 8 under contract, up 14.3% from April. The average list price is $842,843, down 13.8% from last month. The lowest priced Cornelius waterfront lot is listed at $375,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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Cornelius Real Estate Market Update April 2016
April 2016 Cornelius Real Estate Market Update
Cornelius Homes
In April 2016 38 homes sold in the Cornelius area, an 24% decrease from the 50 homes sold in March. April 2016 sales figures decreased 29.6% from April 2015 when 55 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 7% from $475,861 in March to $442,741 in April. The April 2016 average sales price increased 9.9% from the April 2015 average sales price which was $402,688.
Average days on the market decreased 16.7% from 72 days in March to 60 days on the market in April. The April 2015 average days on the market were 64, a 6.3% decrease in market time.
Currently there are 166 active homes for sale in the Cornelius MLS area, up 5.7% from April. The average list price is $1,038,423 down 3.8% from the April average list price of $1,079,328. 128 Cornelius homes are currently under contract, up 13.3% from April.
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Cornelius Condos & Townhomes
In April 2016 22 condos/townhomes sold in the Cornelius area, a 4.3% decrease from the 23 Cornelius condos or townhomes sold in March. April 2016 sales figures decreased 31.3% from April 2015 when 32 Cornelius condos sold.
The average sales price decreased 17% from $205,978 in March 2016 to $170,991 in April 2016. The April 2016 average sales price increased 5.8% from the April 2015 average sales price which was $161,580.
Average days on the market decreased 69.3% from 75 in March to 23 in April. April 2015 average days on the market were 73, a decrease of 68.5%.
Currently there are 63 active condo/townhomes for sale in the Cornelius MLS area, a 1.6% increase from the 62 Cornelius condos for sale in April. The average list price is $276,226, down .7% from April’s average list price of $278,037. 49 Cornelius condos/townhomes are currently under contract, a 5.8% decrease from April.
Cornelius Lots
In April 2016 2 lots sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in March. April 2016 sales figures decreased 33% from April 2015 when 3 Cornelius lots sold.
The average sales price decreased 53.1% from $416,667 in March to $195,500 in April. The April 2016 average sales price decreased 30.8% from the April 2015 average sales price which was $282,667.
Average days on the market decreased 30.6% from 170 in March to 118 in April. The April 2015 average days on the market were 65, an 81.5% increase in market time versus the same time period last year.
Currently there are 34 active lot listings in the Cornelius MLS area, an increase of 21.4% from April. The average list price is $660,118, down 8.9% from April’s average list price of $724,804. 13 Cornelius lots are currently under contract, an 8.3% increase from April.
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