Tag Archives: cornelius real estate market

Cornelius Waterfront Real Estate Update August 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats August 2018

Cornelius Waterfront Homes

In August 2018 11 Cornelius waterfront homes sold in the Cornelius real estate market, a 22% increase from the 9 Cornelius waterfront homes sold in July. August 2018 waterfront sales figures increased 10% from August 2017 when 10 Cornelius waterfront homes sold.

The average sales price increased 35.6% from $927,986 in July to $1,258,591 in August. The August 2018 average sales price increased 7% from the August 2017 average sales price which was $1,176,670.

Average days on the market increased from 29 in July to 189 in August, a 552% increase in market time. The August 2017 average days on the market were 121, a 56.2% increase in market time from one year ago.

Currently there are 54 active Cornelius waterfront homes listed in the Cornelius real estate market, down 0% from August, with 9 more under contract, down 53% from August. The average list price of active listings is $1,712,528 down 3% from August. The current lowest priced Cornelius waterfront home is listed at $372,000 and the current highest priced active Cornelius waterfront home is listed at $4,275,000.

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Cornelius Waterfront Condos & Townhomes

In August 8 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 11% decrease from the 9 Cornelius waterfront condos sold in July. August 2018 sales figures increased 33% from August 2017 when 6 Cornelius waterfront condos sold.

The average sales price decreased 8.2% from $331,000 in July to $303,750 in August. The August 2018 average sales price increased 28.1% from the August 2017 average sales price which was $237,167.

Average days on the market increased 170% from 10 in July to 27 in August. The August 2017 average days on the market were 9, a 200% increase in market time from one year ago.

Currently there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 0% decrease from August, with 7 more under contract, down 12.5% from August. The average list price of active listings is $320,308, down 12.5% 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 $499,900.

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Cornelius Waterfront Lots

In August 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in July. August 2018 sales figures decreased 100% from August 2017 when 1 Cornelius waterfront lots sold.

The August average sales price was $NA, up NA% from the July average sales price which was $NA. The August 2018 average sales price decreased NA% from the August 2017 average sales price of $212,500.

The average days on the market increased NA% from July, from NA to NA days on the market in August. August 2018 days on the market were down NA% from August 2017 when the average was 306 days on the market.

Currently there are 18 active Cornelius waterfront lots listed in the Cornelius real estate market, down 10% from August, with 1 waterfront lot under contract. The average list price of active listings is $1,129,467 up 3.1% 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.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale

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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.

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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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