Tag Archives: property values
Cornelius Waterfront Real Estate Market Update January 2016
January 2016 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In January 2016 3 Cornelius waterfront homes sold, a 25% decrease from the 4 Cornelius waterfront homes sold in December 2015. January 2016 waterfront sales figures increased 200% from January 2015 when 1 Cornelius waterfront homes sold.
The average sales price decreased 12.8% from $1,480,000 in December to $1,291,000 in January 2016. The January 2016 average sales price increased 15.3% from the January 2015 average sales price which was $1,120,000.
Average days on the market decreased from 137 in December to 15 in January 2016, an 89% decrease in market time. The January 2015 average days on the market were 315, a 95% decrease in market time.
Currently there are 54 active Cornelius waterfront homes listed in the MLS with 11 more under contract, down 26.7% from January. The average list price is $1,8618,437 down 2.4% from January. 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 January 2016 1 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 50% decrease from the 2 Cornelius waterfront condos sold in December 2015. January 2016 sales figures increased 50% from January 2015 when 2 Cornelius waterfront condos sold.
The average sales price decreased 65.5% from $400,250 in December to $138,000 in January 2016. The January 2016 average sales price decreased 47.4% from the January 2015 average sales price which was $262,500.
Average days on the market increased 155% from 58 in December to 148 in January 2016. The January 2015 average days on the market were 43, a 244% increase in market time.
Currently there are 27 active Cornelius waterfront condos listed in the MLS with 6 more under contract, a 200% increase from January. The average list price is $332,522, up 13.5% from last month. The lowest priced activeCornelius waterfront condo is listed at $144,900 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In January 2016 0 Cornelius waterfront lot sold in the Lake Norman area, a N/A% decrease from the 0 Cornelius waterfront lots sold in December. The average sales price was $N/A, down N/A% from the December average sales price which was $N/A. January 2016 sales figures decreased 100% from January 2015 when 1 Cornelius waterfront lot sold. The average sales price decreased 100% from the January 2015 average sales price of $950,000.
The average days on the market decreased N/A% from December, from N/A to N/A days on the market in January 2016. Days on the market were up N/A% from January 2015 when the average was 55 days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the MLS with 2 under contract, up 200% from January. The average list price is $946,279, down 2.3% 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 January 2016
January 2016 Cornelius Real Estate Market Update
Cornelius Homes
In January 2016 25 homes sold in the Cornelius area, a 19.4% decrease from the 31 homes sold in December 2015. January 2016 sales figures increased 38.9% from January 2015 when 18 homes sold in the Cornelius area.
The average sales price in Cornelius decreased 25.3% from $574,141 in December to $429,043 in January. The January 2016 average sales price increased 22.9% from the January 2015 average sales price which was $349,123.
Average days on the market decreased 4.2% from 72 days in December to 69 days on the market in January. The January 2015 average days on the market were 73, a 5.5% decrease in market time.
Currently there are 140 active homes for sale in the Cornelius MLS area, down 29% from January. The average list price is $1,003,026 up 14% from the January average list price of $878,899. 93 Cornelius homes are currently under contract, up 36.8% from January!
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Cornelius Condos & Townhomes
In January 2016 9 condos/townhomes sold in the Cornelius area, a 64% decrease from the 25 Cornelius condos or townhomes sold in December 2015. January 2016 sales figures decreased 35.7% from January 2015 when 14 Cornelius condos sold.
The average sales price decreased 8.4% from $198,508 in December 2015 to $181,862 in January 2016. The January 2016 average sales price decreased 5.3% from the January 2015 average sales price which was $192,105.
Average days on the market decreased 22% from 50 in December to 39 in January. January 2015 average days on the market were 83, a decrease of 53%.
Currently there are 55 active condo/townhomes for sale in the Cornelius MLS area, a 30.4% decrease from the 79 Cornelius condos for sale in January. The average list price is $263,393, up 19.3% from January’s average list price of $220,726. 38 Cornelius condos/townhomes are currently under contract, a 111% increase from January!
Cornelius Lots
In January 2016 0 lots sold in the Cornelius area, a 100% decrease from the 1 Cornelius lots sold in December. January 2016 sales figures decreased 100% from January 2015 when 2 Cornelius lots sold.
The average sales price decreased N/A% from $198,000 in December to $N/A in January. The January 2016 average sales price decreased N/A% from the January 2015 average sales price which was $517,850.
Average days on the market decreased N/A% from 7 in December to N/A in January. The January 2015 average days on the market were 65, a N/A% decrease in market time versus the same time period last year.
Currently there are 22 active lot listings in the Cornelius MLS area, a decrease of 12% from January. The average list price is $782,809, up 8.7% from January’s average list price of $720,141. 12 Cornelius lots are currently under contract, a 33% increase from January.
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