Tag Archives: property values
Cornelius Waterfront Real Estate Market Update August 2015
August 2015 Cornelius Waterfront Real Estate Update
Cornelius Waterfront Homes
In August 2015 5 Cornelius waterfront homes sold, a 20% increase from the 5 Cornelius waterfront homes sold in July 2015. August 2015 waterfront sales figures decreased 58.3% from August 2014 when 12 Cornelius waterfront homes sold.
The average sales price decreased 14.6% from $1,388,167 in July to $1,185,000 in August 2015. The August 2015 average sales price decreased 22.2% from the August 2014 average sales price which was $1,522,240.
Average days on the market decreased from 108 in July to 57 in August 2015, a 47.2% decrease in market time. August 2014 average days on the market were 181, a 68.5% decrease in market time.
Currently there are 83 Cornelius waterfront homes listed in the MLS with 13 of those under contract, down 13.3% from August. The average list price is $1,661,566 down 2.5% from August. The current lowest priced Cornelius waterfront home is listed at $429,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
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Cornelius Waterfront Condos & Townhomes
In August 2015 4 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 55.6% decrease from the 9 Cornelius waterfront condos sold in July 2015. August 2015 sales figures increased 100% from August 2014 when 0 Cornelius waterfront condos sold.
The average sales price increased 5.6% from $278,944 in July to $294,500 in August 2015. August 2015 average sales price increased N/A% from the August 2014 average sales price which was $N/A.
Average days on the market increased 75.5% from 53 in July to 93 in August 2015. August 2014 average days on the market were N/A, an N/A% increase in market time.
Currently there are 35 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 0% decrease from August. The average list price is $268,949, up .4% from last month. The lowest priced activeCornelius waterfront condo is listed at $129,900 and the highest priced Cornelius waterfront condo is listed at $450,000.
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Cornelius Waterfront Lots
In August 2015 1 Cornelius waterfront lot sold in the Lake Norman area, a 100% increase from the 0 Cornelius waterfront lots sold in July. The average sales price was $675,000, up 100% from the July average sales price which was $N/A. August 2015 sales figures decreased 0% from August 2014 when 1 Cornelius waterfront lot sold. The average sales price increased 81.5% from the August 2014 average sales price of $372,000.
The average days on the market decreased N/A% from July, from N/A to 5 days on the market in August. Days on the market were down 98% from August 2014 when the average was 244 days on the market.
Currently there are 23 Cornelius waterfront lots listed in the MLS with 4 of those under contract, down 33% from August. The average list price is $758,667, up 23.3% from last month. The lowest priced Cornelius waterfront lot is listed at $325,000 and the highest priced Cornelius waterfront lot is listed at $2,350,000.
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Cornelius Real Estate Market Update August 2015
August 2015 Cornelius Real Estate Market Update
Cornelius Homes
In August 2015 42 homes sold in the Cornelius area, a 12.5% decrease from the 48 homes sold in July 2015. August 2015 sales figures decreased 32.3% from August 2014 when 62 homes sold in the Cornelius area.
The average sales price decreased 4.8% from $513,881 in July to $488,978 in August. The August 2015 average sales price decreased 7.6% from the August 2014 average sales price which was $529,040.
Average days on the market increased 18.4% from 49 days in July to 58 days on the market in August. The August 2014 average days on the market were 69, a 15.9% increase in market time.
Currently there are 223 homes for sale in the Cornelius MLS area, down 15.8% from August. The average list price is $884,562 up 4.8% from the August average list price of $844,266. 75 Cornelius homes are currently under contract, down 13.8% from August.
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Cornelius Condos & Townhomes
In August 2015 23 condos/townhomes sold in the Cornelius area, a 41% decrease from the 39 condos or townhomes sold in July 2015. August 2015 sales figures increased 0% from August 2014 when 23 Cornelius condos sold.
The average sales price increased 6.5% from $201,078 in July 2015 to $214,082 in August 2015. August 2015 average sales price increased 18.4% from the August 2014 average sales price which was $180,884.
Average days on the market increased 9.8% from 51 in July to 56 in August. August 2014 average days on the market were 61, a decrease of 8.2%.
Currently there are 115 condo/townhomes for sale in the Cornelius MLS area, a 13.5% decrease from the 133 Cornelius condos for sale in August. The average list price is $210,272, down .9% from August’s average list price of $212,256. 32 Cornelius condos/townhomes are currently under contract, a 36% decrease from August.
Cornelius Lots
In August 2015 2 lot sold in the Cornelius area, a 100% increase from the 1 lot sold in July. August 2015 sales figures decreased 0% from August 2014 when 2 Cornelius lots sold.
The average sales price increased 404% from $76,000 in July to $383,000 in August. August 2015 average sales price decreased 40.4% from the August 2014 average sales price which was $642,960.
Average days on the market decreased 80% from 172 in July to 34 in August. August 2014 average days on the market were 291, a 88.3% decrease in market time versus the same time period last year.
Currently there are 43 lots for sale in the Cornelius MLS area, a decrease of 6.5% from August. The average list price is $758,667, up 13.6% from August’s average list price of $667,854. 8 Cornelius lots are currently under contract, an 11% decrease from August.
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