Tag Archives: property values
Cornelius Waterfront Real Estate Market Update February 2016
February 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In February 2016 4 Cornelius waterfront homes sold, a 33% increase from the 3 Cornelius waterfront homes sold in January. February 2016 waterfront sales figures increased 0% from February 2015 when 4 Cornelius waterfront homes sold.
The average sales price increased 9.6% from $1,291,000 in January to $1,414,750 in February 2016. The February 2016 average sales price decreased 9.8% from the February 2015 average sales price which was $1,568,750.
Average days on the market increased from 15 in January to 172 in February 2016, a 1046% increase in market time. The February 2015 average days on the market were 115, a 49.6% increase in market time.
Currently there are 59 active Cornelius waterfront homes listed in the MLS with 6 more under contract, down 45.5% from February. The average list price is $1,687,697 up 4.3% from February. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.
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Cornelius Waterfront Condos & Townhomes
In February 2016 5 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 400% increase from the 1 Cornelius waterfront condos sold in January. February 2016 sales figures increased 66.7% from February 2015 when 3 Cornelius waterfront condos sold.
The average sales price increased 44.3% from $138,000 in January to $199,100 in February. The February 2016 average sales price decreased 7% from the February 2015 average sales price which was $214,167.
Average days on the market decreased 28.4% from 148 in January to 106 in February. The February 2015 average days on the market were 68, a 55.9% increase in market time.
Currently there are 26 active Cornelius waterfront condos listed in the MLS with 7 more under contract, a 16.7% increase from February. The average list price is $345,831, up 4% from last month. The lowest priced activeCornelius waterfront condo is listed at $139,000 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In February 2016 0 Cornelius waterfront lot sold in the Lake Norman area, a N/A% decrease from the 0 Cornelius waterfront lots sold in January. The average sales price was $N/A, down N/A% from the January average sales price which was $N/A. February 2016 sales figures decreased N/A% from February 2015 when 0 Cornelius waterfront lot sold. The average sales price decreased N/A% from the February 2015 average sales price of $N/A.
The average days on the market decreased N/A% from January, from N/A to N/A days on the market in February. Days on the market were up N/A% from February 2015 when the average was N/A days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the MLS with 4 under contract, up 100% from February. The average list price is $891,279, down 5.8% from last month. The lowest priced Cornelius waterfront lot is listed at $335,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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Cornelius Real Estate Market Update February 2016
February 2016 Cornelius Real Estate Market Update
Cornelius Homes
In February 2016 27 homes sold in the Cornelius area, a 3.8% increase from the 26 homes sold in January. February 2016 sales figures increased 17.4% from February 2015 when 23 homes sold in the Cornelius area.
The average sales price in Cornelius increased 28.5% from $431,387 in January to $555,096 in February. The February 2016 average sales price increased 7.1% from the February 2015 average sales price which was $518,077.
Average days on the market increased 40.8% from 71 days in January to 100 days on the market in February. The February 2015 average days on the market were 84, a 19% increase in market time.
Currently there are 136 active homes for sale in the Cornelius MLS area, down 2.9% from February. The average list price is $1,062,036 up 5.9% from the February average list price of $1,003,026. 95 Cornelius homes are currently under contract, up 2.2% from February.
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Cornelius Condos & Townhomes
In February 2016 23 condos/townhomes sold in the Cornelius area, a 130% increase from the 10 Cornelius condos or townhomes sold in January. February 2016 sales figures decreased 43.8% from February 2015 when 16 Cornelius condos sold.
The average sales price decreased 6.5% from $175,756 in January 2016 to $164,245 in February 2016. The February 2016 average sales price decreased 6.8% from the February 2015 average sales price which was $176,160.
Average days on the market increased 79% from 38 in January to 68 in February. February 2015 average days on the market were 70, a decrease of 2.9%.
Currently there are 52 active condo/townhomes for sale in the Cornelius MLS area, a 5.5% decrease from the 55 Cornelius condos for sale in February. The average list price is $263,454, up .02% from February’s average list price of $263,393. 44 Cornelius condos/townhomes are currently under contract, a 15.8% increase from February.
Cornelius Lots
In February 2016 3 lots sold in the Cornelius area, a 300% decrease from the 0 Cornelius lots sold in January. February 2016 sales figures increased 200% from February 2015 when 1 Cornelius lots sold.
The average sales price decreased N/A% from $N/A in January to $432,333 in February. The February 2016 average sales price increased 380% from the February 2015 average sales price which was $90,000.
Average days on the market decreased N/A% from N/A in January to 314 in February. The February 2015 average days on the market were 166, an 89.2% increase in market time versus the same time period last year.
Currently there are 24 active lot listings in the Cornelius MLS area, an increase of 9% from February. The average list price is $707,696, down 9.6% from February’s average list price of $782,809. 12 Cornelius lots are currently under contract, a 0% increase from February.
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