Tag Archives: property values
Cornelius Waterfront Real Estate Market Update May 2015
Cornelius Waterfront Real Estate Update May 2015
Cornelius Waterfront Homes
In May 2015 10 Cornelius waterfront homes sold, a 400% increase from the 2 Cornelius waterfront homes sold in April 2015. May 2015 waterfront sales figures decreased 9.1% from May 2014 when 11 Cornelius waterfront homes sold.
The average sales price increased 69.7% from $662,875 in April to $1,124,575 in May 2015. The May 2015 average sales price increased 26.4% from the May 2014 average sales price which was $889,364.
Average days on the market increased from 28 in April to 135 in May 2015, a 382% increase in market time. May 2014 average days on the market were 165, a 18.2% decrease in market time.
Currently there are 75 Cornelius waterfront homes listed in the MLS with 14 of those under contract, up 0% from May. The average list price is $1,612,238 up 4.8% from May. The current lowest pricedCornelius waterfront home is listed at $355,000 and the current highest priced Cornelius waterfront home is listed at $4,950,000.
Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Waterfront Condos & Townhomes
In May 2015 13 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 44.4% increase from the 9 Cornelius waterfront condos sold in April 2015. May 2015 sales figures decreased 160% from May 2014 when 5 Cornelius waterfront condos sold.
The average sales price increased 15.2% from $215,767 in April to $248,462 in May 2015. May 2015 average sales price increased 19.7% from the May 2014 average sales price which was $207,600.
Average days on the market decreased 51.6% from 126 in April to 61 in May 2015. May 2014 average days on the market were 11, a 45% decrease in market time.
Currently there are 48 Cornelius waterfront condos listed in the MLS with 16 of those under contract, a 0% increase from May. The average list price is $276,706, up 3.9% from last month. The lowest pricedCornelius waterfront condo is listed at $124,750 and the highest priced Cornelius waterfront condo is listed at $469,900.
Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius:Cornelius waterfront condos for sale
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Waterfront Lots
In May 2015 3 Cornelius waterfront lots sold in the Lake Norman area, a 200% increase from the 1 Cornelius waterfront lot sold in April. The average sales price was $769,333, up 109% from the April average sales price which was $368,000. May 2015 sales figures increased 200% from May 2014 when 1 Cornelius waterfront lot sold. The average sales price decreased 14.5% from the May 2014 average sales price of $900,000.
The average days on the market decreased 100% from April, from 0 to 270 days on the market in May. Days on the market were up 63.6% from May 2014 when the average was 165 days on the market.
Currently there are 25 Cornelius waterfront lots listed in the MLS with 5 of those under contract, down 16.7% from May. The average list price is $836,236, up 3.6% 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.
Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Real Estate Market Update May 2015
May 2015 Cornelius Real Estate Market Update
Cornelius Homes
In May 2015 63 homes sold in the Cornelius area, a 37% increase from the 46 homes sold in April 2015 and the highest May total since 2006. May 2015 sales figures increased 26% from May 2014 when 50 homes sold in the Cornelius area.
The average sales price increased 33.3% from $363,273 in April to $484,347 in May. The May 2015 average sales price decreased 6% from the May 2014 average sales price which was $456,932.
Average days on the market decreased 19.7% from 66 days in April to 53 days on the market in May. The May 2014 average days on the market were 104, a 49% decrease in market time.
Currently there are 277 homes for sale in the Cornelius MLS area, up 3% from May. The average list price is $789,716 up 6.9% from the May average list price of $738,986. 105 Cornelius homes are currently under contract, up 2% from May.
It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Condos & Townhomes
In May 2015 32 condos/townhomes sold in the Cornelius area, a 12.5% increase from the 28 condos or townhomes sold in April 2015. May 2015 sales figures increased 28% from May 2014 when 25 Cornelius condos sold.
The average sales price increased 6.8% from $171,162 in April 2015 to $182,859 in May 2015. May 2015 average sales price increased 1.1% from the May 2014 average sales price which was $180,866.
Average days on the market decreased 39.5% from 86 in April to 52 in May. May 2014 average days on the market were 71, a decrease of 26.8%.
Currently there are 155 condo/townhomes for sale in the Cornelius MLS area, a 13% increase from the 137 Cornelius condos for sale in May. The average list price is $212,646, down 1.5% from May’s average list price of $215,835. 50 Cornelius condos/townhomes are currently under contract, a 2% increase from May.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
Cornelius Lots
In May 2015 4 lot sold in the Cornelius area, a 300% decrease from the 1 lots sold in April. May 2015 sales figures increased 300% from May 2014 when 1 Cornelius lots sold.
The average sales price increased 38.6% from $368,000 in April to $599,500 in May. May 2015 average sales price decreased 33.4% from the May 2014 average sales price which was $900,000.
Average days on the market increased 20600% from 1 in April to 207 in May. May 2014 average days on the market were 165, a 25.5% increase in market time versus the same time period last year.
Currently there are 49 lots for sale in the Cornelius MLS area, a decrease of 3.9% from May. The average list price is $649,831, up 5.2% from May’s average list price of $617,833. 8 Cornelius lots are currently under contract, a 20% decrease from May.
Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates
