Category Archives: Market Watch

Cornelius Waterfront Real Estate Market Update October 2017

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats for October 2017

Cornelius Waterfront Homes
In October 2017 3 Cornelius waterfront homes sold in the Cornelius real estate market, a 57.1% decrease from the 7 Cornelius waterfront homes sold in September 2017. October 2017 waterfront sales figures decreased 57.1% from October 2016 when 7 Cornelius waterfront homes sold.

The average sales price increased 33% from $1,125,658 in September to $1,496,667 in October. The October 2017 average sales price increased 56.6% from the October 2016 average sales price which was $955,929.

Average days on the market decreased from 209 in September to 70 in October, a 66.5% decrease in market time. The October 2016 average days on the market were 95, a 126.3% decrease in market time.

Currently there are 63 active Cornelius waterfront homes listed in the Cornelius real estate market, up 1.6% from October, with 9 more under contract, down 35.7% from October. The average list price is $1,77980,138 up .03% from October. The current lowest priced Cornelius waterfront home is listed at $559,800 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.

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 updates: Free Cornelius Real Estate Market Updates

Cornelius Waterfront Condos & Townhomes
In October 2017 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 100% increase from the 2 Cornelius waterfront condos sold in September 2017. October 2017 sales figures decreased 33% from October 2016 when 6 Cornelius waterfront condos sold.

The average sales price decreased 3.5% from $266,500 in September to $257,125 in October. The October 2017 average sales price decreased 3.4% from the October 2016 average sales price which was $266,167.

Average days on the market decreased 70.5% from 88 in September to 26 in October. The October 2016 average days on the market were 123, a 79% decrease in market time from one year ago.

Currently there are 4 active Cornelius waterfront condos listed in the Cornelius real estate market, a 20% decrease from October, with 4 more under contract, down 42.9% from October. The average list price is $424,700, up 50% from last month. The lowest priced active Cornelius waterfront condo is listed at $200,000 and the highest priced Cornelius waterfront condo is listed at $559,000.

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 October 2017 1 Cornelius waterfront lot sold in the Cornelius real estate  market, a 0% decrease from the 1 Cornelius waterfront lots sold in September 2017. October 2017 sales figures increased 100% from October 2016 when 0 Cornelius waterfront lots sold.

The October average sales price was $975,000, up 183% from the September average sales price which was $344,000. The average sales price increased NA% from the October 2016 average sales price of $NA.

The average days on the market decreased 89% from September, from 75 to 8 days on the market in October. Days on the market were up NA% from October 2016 when the average was NA days on the market.

Currently there are 19 active Cornelius waterfront lots listed in the Cornelius real estate market, up 5.6% from October, with 3 others under contract. The average list price is $956,913 up 1.2% from last month. The lowest priced Cornelius waterfront lot is listed at $355,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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 October 2017

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for October 2017

Cornelius Homes
In October 2017 40 homes sold in the Cornelius area, a 28.6% decrease from the56 Cornelius homes sold in September 2017. October 2017 sales figures decreased 13% from October 2016 when 46 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 2.7% from $467,840 in September to $454,991 in October. The October 2017 average sales price increased 2.9% from the October 2016 average sales price which was $442,170.

Average days on the market decreased 55.3% from 85 days in September to 38 days on the market in October. The October 2016 average days on the market were 45, a 15.6% decrease in market time from one year ago.

Currently there are 164 active homes for sale in the Cornelius real estate market, up 3.8% from October. The average list price is $994,384 down 3.9% from the October average list price of $1,035,168. 72 Cornelius homes are currently under contract, down 18.2% from October. Based on these statistics, 4.1 months of inventory, we are currently in a sellers market in Cornelius.

It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com

Cornelius Condos & Townhomes
In October 2017 19 condos/townhomes sold in the Cornelius real estate market, a 32.1% decrease from the 28 Cornelius condos or townhomes sold in September 2017. October 2017 sales figures decreased 26.9% from October 2016 when 26 Cornelius condos sold.

The average sales price increased 6.6% from $201,307 in September 2017 to $214,513 in October 2017. The October 2017 average sales price increased 7.3% from the October 2016 average sales price which was $199,916.

Average days on the market decreased 15.8% from 19 in September to 16 in October. October 2016 average days on the market were 56, a decrease of 71.4% market time from one year ago.

Currently there are 11 active condo/townhomes for sale in the Cornelius real estate market, a 50% decrease from the 22 Cornelius condos for sale in October. The average list price is $328,155, up 40% from October’s average list price of $234,200. 33 Cornelius condos/townhomes are currently under contract, a 17.9% increase from October. Based on these figures, .6 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In October 2017 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in September 2017. October 2017 sales figures decreased 67% from October 2016 when 3 Cornelius lots sold.

The average sales price increased 242% from $284,500 in September to $975,000 in October. The October 2017 average sales price increased 977% from the October 2016 average sales price which was $90,500.

Average days on the market decreased 79% from 38 in September to 8 in October. The October 2016 average days on the market were 148, a 94.6% decrease in market time versus the same time period last year.

Currently there are 29 active lot listings in the Cornelius real estate market, an increase of 7.4% from October. The average list price is $820,484, down 1.8% from October’s average list price of $835,898. 45 Cornelius lots are currently under contract, a 25% increase from October. Based on these numbers, 29 months of inventory, we are in a buyers market for Cornelius lots for sale.

Search Cornelius homes for sale
Cornelius waterfront homes for sale
Search Cornelius condos for sale
Cornelius waterfront condos for sale

Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates