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Monday, March 30, 2020

Cornelius home prices fall in February 2020

Real Estate

By Metric Media News Service | Mar 7, 2020

Realestate2

The median sale price of a home sold in February 2020 in Cornelius fell by $80,250 while total sales increased by 97.2%, according to BlockShopper.com.

In February 2020, there were 71 homes sold, with a median sale price of $275,000 - a 22.6% decrease over the $355,250 median sale price for the same period of the previous year. There were 36 homes sold in Cornelius in February 2019.

The median sales tax in Cornelius for the most recent year with available data, 2015, was $2,171, approximately 0.8% of the median home sale price for February 2020.

The following table compares Cornelius to other Mecklenburg County cities in February 2020:

City
Feb. 2020 Home Sales
Feb. 2019 Home Sales
% change (Total Home Sales)
Feb. 2020 Median Sales Price
Feb. 2019 Median Sales Price
% change (Median Sales Price)
Davidson
32
22
45.5%
$332,500
$341,500
-2.6%
Matthews
31
36
-13.9%
$308,000
$286,000
7.7%
Huntersville
89
67
32.8%
$290,000
$286,000
1.4%
Cornelius
71
36
97.2%
$275,000
$355,250
-22.6%
Pineville
14
11
27.3%
$262,500
$212,000
23.8%
Charlotte
1,232
982
25.5%
$235,750
$202,750
16.3%
Mint Hill
26
24
8.3%
$231,500
$272,500
-15%
Wildwoods
0
0
-
$0
$0
-
Stallings
0
0
-
$0
$0
-

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Organizations in this Story

Mecklenburg County Register of Deeds

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