Cornelius Real Estate Market Update June 2018

Cornelius Real Estate Market Report
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Cornelius Real Estate Market Stats for June 2018

Cornelius Homes
In June 2018 62 homes sold in the Cornelius real estate market, an 8.8% increase from the 57 Cornelius homes sold in May 2018. June 2018 sales figures decreased 17.3% from June 2017 when 75 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 7.2% from $583,489 in May to $625,752 in June. June 2018 average sales price increased 10.7% from the June 2017 average sales price which was $565,356.

Average days on the market increased 0% from 67 days in May to 67 days on the market in June. The June 2017 average days on the market were 63, a 6.3% increase in market time from one year ago.

Currently there are 163 active homes for sale in the Cornelius real estate market, down 5.8% from June. The average list price is $959,352 down .6% from the June average list price of $964,692. 110 Cornelius homes are currently under contract, up 6.8% from June. Based on these statistics, 2.6 months of inventory, we are currently in a sellers real estate 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 June 2018 33 condos/townhomes sold in the Cornelius real estate market, a 6.5% increase from the 31 Cornelius condos or townhomes sold in May. June 2018 sales figures decreased 5.7% from June 2017 when 35 Cornelius condos sold.

The average sales price decreased 10.1% from $212,437 in May to $190,952 in June. The June 2018 average sales price decreased 13.2% from the June 2017 average sales price which was $220,053.

Average days on the market decreased 15% from 20 in May to 17 in June. The June 2017 average days on the market were 31, a decrease of 45.2% market time from one year ago.

Currently there are 43 active condo/townhomes for sale in the Cornelius real estate market, a 10% decrease from the 39 Cornelius condos for sale in June. The average list price is $376,635, down 6.5% from June’s average list price of $402,975. 37 Cornelius condos/townhomes are currently under contract, a 30% decrease from June. Based on these figures, 1.3 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In June 0 lots sold in the Cornelius area, a 100% decrease from the 1 Cornelius lots sold in May. June 2018 sales figures decreased 100% from June 2017 when 2 Cornelius lots sold.

The average sales price decreased NA% from $110,000 in May to $NA in June. The June 2018 average sales price decreased NA% from the June 2017 average sales price which was $1,250,000.

Average days on the market increased NA% from 11 in May to NA in June. The June 2017 average days on the market were 28, a NA% decrease in market time versus the same time period last year.

Currently there are 35 active lot listings in the Cornelius real estate market, a decrease of 2.8% from June. The average list price is $804,867, down 1.3% from June’s average list price of $815,199. 9 Cornelius lots are currently under contract, a 0% increase from June. Based on these numbers, INF months of inventory, we are in a buyers market for Cornelius lots for sale.

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


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