Tag Archives: property values
Cornelius Waterfront Real Estate Market Update November 2015
November 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In November 2015 5 Cornelius waterfront homes sold, a 16.7% decrease from the 6 Cornelius waterfront homes sold in October 2015. November 2015 waterfront sales figures increased 66.7% from November 2014 when 3 Cornelius waterfront homes sold.
The average sales price decreased 6.9% from $916,333 in October to $853,100 in November 2015. The November 2015 average sales price decreased 48.2% from the November 2014 average sales price which was $1,646,605.
Average days on the market decreased from 115 in October to 84 in November 2015, a 27% decrease in market time. November 2014 average days on the market were 140, a 40% decrease in market time.
Currently there are 68 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 0% from November. The average list price is $1,819,107 down .4% from November. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,499,000.
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Cornelius Waterfront Condos & Townhomes
In November 2015 3 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 50% decrease from the 6 Cornelius waterfront condos sold in October 2015. November 2015 sales figures increased 50% from November 2014 when 2 Cornelius waterfront condos sold.
The average sales price decreased 26.4% from $263,667 in October to $194,167 in November 2015. November 2015 average sales price decreased 38.8% from the November 2014 average sales price which was $317,500.
Average days on the market increased 55% from 51 in October to 79 in November 2015. November 2014 average days on the market were 129, a 38.8% decrease in market time.
Currently there are 24 Cornelius waterfront condos listed in the MLS with 1 of those under contract, an 80% decrease from November. The average list price is $284,550, down 2.6% from last month. The lowest priced activeCornelius waterfront condo is listed at $118,900 and the highest priced Cornelius waterfront condo is listed at $729,000.
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Cornelius Waterfront Lots
In November 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% decrease from the 1 Cornelius waterfront lots sold in October. The average sales price was $800,000, up 45.5% from the October average sales price which was $550,000. November 2015 sales figures increased 0% from November 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 4.2% from the November 2014 average sales price of $835,000.
The average days on the market decreased 38.8% from October, from 201 to 123 days on the market in November. Days on the market were up 39.8% from November 2014 when the average was 88 days on the market.
Currently there are 19 Cornelius waterfront lots listed in the MLS with 0 of those under contract, down 100% from November. The average list price is $918,995, down 1.9% from last month. The lowest priced Cornelius waterfront lot is listed at $350,000 and the highest priced Cornelius waterfront lot is listed at $1,800,000.
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Cornelius Real Estate Market Update November 2015
November 2015 Cornelius Real Estate Market Update
Cornelius Homes
In November 2015 42 homes sold in the Cornelius area, a 0% decrease from the 42 homes sold in October 2015. November 2015 sales figures increased 40% from November 2014 when 30 homes sold in the Cornelius area.
The average sales price increased 11% from $431,539 in October to $479,223 in November. The November 2015 average sales price increased 7% from the October 2014 average sales price which was $447,781.
Average days on the market decreased 10% from 60 days in October to 54 days on the market in November. The November 2014 average days on the market were 63, a 14.3% decrease in market time.
Currently there are 222 homes for sale in the Cornelius MLS area, down 11.6% from November. The average list price is $886,361 down .1% from the November average list price of $887,369. 72 Cornelius homes are currently under contract, down 8.9% from November.
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Cornelius Condos & Townhomes
In November 2015 15 condos/townhomes sold in the Cornelius area, a 53.1% decrease from the 32 condos or townhomes sold in October 2015. November 2015 sales figures increased 0% from November 2014 when 15 Cornelius condos sold.
The average sales price decreased 11.3% from $192,715 in October 2015 to $170,993 in November 2015. November 2015 average sales price decreased 14.7% from the November 2014 average sales price which was $200,374.
Average days on the market increased 52.4% from 42 in October to 64 in November. November 2014 average days on the market were 53, an increase of 20.8%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 0% decrease from the 92 Cornelius condos for sale in November. The average list price is $212,287, down 1.9% from November’s average list price of $216,473. 31 Cornelius condos/townhomes are currently under contract, a 3.3% increase from November.
Cornelius Lots
In November 2015 2 lots sold in the Cornelius area, a 0% decrease from the 2 Cornelius lots sold in October. November 2015 sales figures increased 100% from November 2014 when 1 Cornelius lots sold.
The average sales price increased 51.9% from $395,000 in October to $600,000 in November. November 2015 average sales price decreased 28.1% from the November 2014 average sales price which was $835,000.
Average days on the market increased 7.7% from 271 in October to 292 in November. November 2014 average days on the market were 88, a 231.8% decrease in market time versus the same time period last year.
Currently there are 38 lots for sale in the Cornelius MLS area, a decrease of 5% from November. The average list price is $700,497, up 4.8% from November’s average list price of $668,173. 8 Cornelius lots are currently under contract, a 27.3% decrease from November.
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