Tag Archives: Cornelius Nc Real Estate Agents

Cornelius Real Estate Market Update August 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for August 2018

Cornelius Homes
In August 2018 73 homes sold in the Cornelius real estate market, a 19.7% increase from the 61 Cornelius homes sold in July 2018. August 2018 sales figures increased 49% from August 2017 when 49 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 13.8% from $469,793 in July to $534,474 in August. August 2018 average sales price increased 5.8% from the August 2017 average sales price which was $505,190.

Average days on the market increased 116% from 37 days in July to 80 days on the market in August. The August 2017 average days on the market were also 47, a 70% increase in market time from one year ago.

Currently there are 168 active homes for sale in the Cornelius real estate market, up 1.8% from August. The average list price of active listings is $890,067 down 6.9% from the August average list price of $956,151. 53 Cornelius homes are currently under contract, down 33.8% from August. Based on these statistics, 2.3 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 August 2018 27 condos/townhomes sold in the Cornelius real estate market, a 32.5% decrease from the 40 Cornelius condos or townhomes sold in July. August 2018 sales figures decreased 12.9% from August 2017 when 31 Cornelius condos sold.

The average sales price increased 1% from $226,478 in July to $228,643 in August. The August 2018 average sales price increased 19.1% from the August 2017 average sales price which was $191,990.

Average days on the market increased 92% from 12 in July to 23 in August. The August 2017 average days on the market were 32, a decrease of 28.1% market time from one year ago.

Currently there are 44 active condo/townhomes for sale in the Cornelius real estate market, a 4.3% decrease from the 46 Cornelius condos for sale in August. The average list price is $388,460, up 5.1% from August’s average list price of $369,448. 35 Cornelius condos/townhomes are currently under contract, a 0% decrease from August. Based on these figures, 1.6 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In August 4 lots sold in the Cornelius area, a 300% increase from the 0 Cornelius lots sold in July. August 2018 sales figures decreased 0% from August 2017 when 4 Cornelius lots sold.

The average sales price decreased 37.7% from $195,000 in July to $121,563 in August. The August 2018 average sales price decreased 67.9% from the August 2017 average sales price which was $378,125.

Average days on the market decreased 5.8% from 103 in July to 97 in August. The August 2017 average days on the market were 330, a 70.6% decrease in market time versus the same time period last year.

Currently there are 30 active lot listings in the Cornelius real estate market, a decrease of 3.2% from August. The average list price is $767,028, down 2.8% from August’s average list price of $788,995. 8 Cornelius lots are currently under contract, a 0% decrease from August. Based on these numbers, 7.5 months of inventory, we are in a balanced market for Cornelius lots for sale.

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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.

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 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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