Tag Archives: property values
Cornelius Waterfront Real Estate Market Update October 2015
October 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In October 2015 6 Cornelius waterfront homes sold, a 45.5% decrease from the 11 Cornelius waterfront homes sold in September 2015. October 2015 waterfront sales figures decreased 33.3% from October 2014 when 9 Cornelius waterfront homes sold.
The average sales price decreased 32.6% from $1,359,285 in September to $916,333 in October 2015. The October 2015 average sales price decreased 37.8% from the October 2014 average sales price which was $1,473,722.
Average days on the market increased from 113 in September to 115 in October 2015, a 1.8% increase in market time. October 2014 average days on the market were 113, a 1.8% increase in market time.
Currently there are 75 Cornelius waterfront homes listed in the MLS with 15 of those under contract, up 15.4% from October. The average list price is $1,825,504 up 4.6% from October. The current lowest priced Cornelius waterfront home is listed at $398,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In October 2015 6 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 25% decrease from the 8 Cornelius waterfront condos sold in September 2015. October 2015 sales figures increased 0% from October 2014 when 6 Cornelius waterfront condos sold.
The average sales price increased .2% from $263,225 in September to $263,667 in October 2015. October 2015 average sales price increased 42.3% from the October 2014 average sales price which was $185,250.
Average days on the market increased 8.5% from 47 in September to 51 in October 2015. October 2014 average days on the market were 67, a 23.9% decrease in market time.
Currently there are 26 Cornelius waterfront condos listed in the MLS with 5 of those under contract, a 16.7% decrease from October. The average list price is $292,108, up 4.1% 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 October 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 66.7% decrease from the 3 Cornelius waterfront lots sold in September. The average sales price was $550,000, down 27.5% from the September average sales price which was $758,667. October 2015 sales figures increased 0% from October 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 152.9% from the October 2014 average sales price of $217,500.
The average days on the market increased 183% from September, from 71 to 201 days on the market in October. Days on the market were up 10.4% from October 2014 when the average was 182 days on the market.
Currently there are 18 Cornelius waterfront lots listed in the MLS with 1 of those under contract, down 50% from October. The average list price is $936,383, down 8.8% 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 October 2015
October 2015 Cornelius Real Estate Market Update
Cornelius Homes
In October 2015 41 homes sold in the Cornelius area, a 6.8% decrease from the 44 homes sold in September 2015. October 2015 sales figures decreased 10.9% from October 2014 when 46 homes sold in the Cornelius area.
The average sales price decreased 28.4% from $608,683 in September to $435,723 in October. The October 2015 average sales price decreased 28.3% from the October 2014 average sales price which was $607,303.
Average days on the market increased 3.3% from 60 days in September to 62 days on the market in October. The October 2014 average days on the market were 81, a 23.5% decrease in market time.
Currently there are 251 homes for sale in the Cornelius MLS area, up 1.2% from October. The average list price is $887,369 up 3.8% from the October average list price of $854,839. 79 Cornelius homes are currently under contract, down 8.1% from October.
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Cornelius Condos & Townhomes
In October 2015 32 condos/townhomes sold in the Cornelius area, a 22% decrease from the 41 condos or townhomes sold in September 2015. October 2015 sales figures increased 33% from October 2014 when 24 Cornelius condos sold.
The average sales price increased 2.4% from $188,171 in September 2015 to $192,715 in October 2015. October 2015 average sales price increased 16.2% from the October 2014 average sales price which was $165,917.
Average days on the market decreased 14.3% from 49 in September to 42 in October. October 2014 average days on the market were 60, a decrease of 30%.
Currently there are 92 condo/townhomes for sale in the Cornelius MLS area, a 10.7% decrease from the 103 Cornelius condos for sale in October. The average list price is $216,473, up 1.8% from October’s average list price of $212,651. 30 Cornelius condos/townhomes are currently under contract, a 9.1% decrease from October.
Cornelius Lots
In October 2015 2 lot sold in the Cornelius area, a 33% decrease from the 3 Cornelius lots sold in September. October 2015 sales figures decreased 50% from October 2014 when 4 Cornelius lots sold.
The average sales price decreased 47.9% from $758,667 in September to $395,000 in October. October 2015 average sales price increased 39.8% from the October 2014 average sales price which was $282,500.
Average days on the market increased 281% from 71 in September to 271 in October. October 2014 average days on the market were 305, an 11% decrease in market time versus the same time period last year.
Currently there are 40 lots for sale in the Cornelius MLS area, a decrease of 0% from October. The average list price is $668,173, down 6.2% from October’s average list price of $711,998. 11 Cornelius lots are currently under contract, a 10% increase from October.
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