Category Archives: Market Watch

Cornelius Waterfront Real Estate Market Update July 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats July 2018

Cornelius Waterfront Homes

In July 2018 9 Cornelius waterfront homes sold in the Cornelius real estate market, a 35.7% decrease from the 14 Cornelius waterfront homes sold in June. July 2018 waterfront sales figures decreased 18.2% from July 2017 when 11 Cornelius waterfront homes sold.

The average sales price decreased 25.7% from $1,248,832 in June to $927,986 in July. The July 2018 average sales price decreased 20% from the July 2017 average sales price which was $1,160,295.

Average days on the market decreased from 113 in June to 29 in July, a 74.3% decrease in market time. The July 2017 average days on the market were 39, a 25.6% decrease in market time from one year ago.

Currently there are 54 active Cornelius waterfront homes listed in the Cornelius real estate market, down 3.6% from July, with 19 more under contract, up 3.6% from July. The average list price of active listings is $1,765,956 up 9.6% from July. The current lowest priced Cornelius waterfront home is listed at $380,000 and the current highest priced active Cornelius waterfront home is listed at $4,275,000.

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Cornelius Waterfront Condos & Townhomes

In July 9 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 125% increase from the 4 Cornelius waterfront condos sold in June. July 2018 sales figures decreased 0% from July 2017 when 9 Cornelius waterfront condos sold.

The average sales price increased 13.5% from $291,625 in June to $331,000 in July. The July 2018 average sales price increased 19.8% from the July 2017 average sales price which was $276,244.

Average days on the market decreased 52.4% from 21 in June to 10 in July. The July 2017 average days on the market were 34, a 70.6% decrease in market time from one year ago.

Currently there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 4.8% decrease from July, with 8 more under contract, down 20% from July. The average list price of active listings is $366,023, up 9.3% from last month. The lowest priced active Cornelius waterfront condo is listed at $187,000 and the highest priced Cornelius waterfront condo is listed at $769,000.

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Cornelius Waterfront Lots

In July 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in June. July 2018 sales figures decreased 100% from July 2017 when 2 Cornelius waterfront lots sold.

The July average sales price was $NA, up NA% from the June average sales price which was $NA. The July 2018 average sales price decreased NA% from the July 2017 average sales price of $1,412,500.

The average days on the market increased NA% from June, from NA to NA days on the market in July. July 2018 days on the market were down NA% from July 2017 when the average was 59 days on the market.

Currently there are 20 active Cornelius waterfront lots listed in the Cornelius real estate market, down 4.8% from July, with 1 waterfront lot under contract. The average list price of active listings is $1,095,170 down 3.2% from last month. The lowest priced Cornelius waterfront lot is listed at $354,900 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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Cornelius Real Estate Market Update July 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for July 2018

Cornelius Homes
In July 2018 61 homes sold in the Cornelius real estate market, a 1.6% decrease from the 62 Cornelius homes sold in June 2018. July 2018 sales figures decreased 10.3% from July 2017 when 68 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 25% from $625,752 in June to $469,793 in July. July 2018 average sales price decreased 2.8% from the July 2017 average sales price which was $483,171.

Average days on the market decreased 45% from 67 days in June to 37 days on the market in July. The July 2017 average days on the market were also 37, a 0% increase in market time from one year ago.

Currently there are 165 active homes for sale in the Cornelius real estate market, up 1.2% from July. The average list price of active listings is $956,151 down .9% from the July average list price of $959,352. 80 Cornelius homes are currently under contract, down 27.3% from July. Based on these statistics, 2.7 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In July 2018 40 condos/townhomes sold in the Cornelius real estate market, a 21.2% increase from the 33 Cornelius condos or townhomes sold in June. July 2018 sales figures increased 2.6% from July 2017 when 39 Cornelius condos sold.

The average sales price increased 18.6% from $190,952 in June to $226,478 in July. The July 2018 average sales price increased 4.9% from the July 2017 average sales price which was $216,003.

Average days on the market decreased 29% from 17 in June to 12 in July. The July 2017 average days on the market were 39, a decrease of 69.2% market time from one year ago.

Currently there are 46 active condo/townhomes for sale in the Cornelius real estate market, a 7% increase from the 43 Cornelius condos for sale in July. The average list price is $369,448, down 1.9% from July’s average list price of $376,635. 35 Cornelius condos/townhomes are currently under contract, a 5.4% decrease from July. Based on these figures, 1.2 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In July 1 lots sold in the Cornelius area, a 100% increase from the 0 Cornelius lots sold in June. July 2018 sales figures decreased 67% from July 2017 when 3 Cornelius lots sold.

The average sales price decreased NA% from $NA in June to $195,000 in July. The July 2018 average sales price decreased 80% from the July 2017 average sales price which was $955,833.

Average days on the market increased NA% from NA in June to 103 in July. The July 2017 average days on the market were 116, an 11% decrease in market time versus the same time period last year.

Currently there are 31 active lot listings in the Cornelius real estate market, a decrease of 11% from July. The average list price is $788,995, down 2% from July’s average list price of $804,867. 8 Cornelius lots are currently under contract, an 11% decrease from July. Based on these numbers, 31 months of inventory, we are in a buyers market for Cornelius lots for sale.

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