Tag Archives: home values

Cornelius Real Estate Market Update November 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for November 2018

Cornelius Homes
In November 2018 44 homes sold in the Cornelius real estate market, a 12.8% increase from the 39 Cornelius homes sold in October 2018. November 2018 sales figures increased 12.8% from November 2017 when 39 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 20% from $479,477 in October to $575,348 in November. November 2018 average sales price increased .7% from the November 2017 average sales price which was $571,163.

Average days on the market increased 48% from 48 days in October to 71 days on the market in November. The November 2017 average days on the market were 45, a 58% increase in market time from one year ago.

Currently there are 126 active homes for sale in the Cornelius real estate market, down 14.3% from November. The average list price of active listings is $977,599 up 2.1% from the November average list price of $957,284. There are 40 Cornelius homes currently under contract, down 37.5% from November. Based on these statistics, 2.9 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 November 2018 15 condos/townhomes sold in the Cornelius real estate market, a 40% decrease from the 25 Cornelius condos or townhomes sold in October. November 2018 sales figures decreased 48.3% from November 2017 when 29 Cornelius condos sold.

The average sales price increased 2.8% from $236,965 in October to $243,593 in November. The November 2018 average sales price increased 15.7% from the November 2017 average sales price which was $210,517.

Average days on the market increased 51.4% from 35 in October to 53 in November. The November 2017 average days on the market were 23, an increase of 130% 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 November. The average list price is $365,056, down 2% from November’s average list price of $372,365. 24 Cornelius condos/townhomes are currently under contract, a 3.1% decrease from November. Based on these figures, 3.1 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In November 1 lots sold in the Cornelius area, a 0% increase from the 1 Cornelius lots sold in October. November 2018 sales figures decreased 0% from November 2017 when 1 Cornelius lots sold.

The average sales price decreased 13.5% from $185,000 in October to $160,000 in November. The November 2018 average sales price decreased 81% from the November 2017 average sales price which was $859,000.

Average days on the market increased 186% from 7 in October to 20 in November. The November 2017 average days on the market were 718, an 97% decrease in market time versus the same time period last year.

Currently there are 27 active lot listings in the Cornelius real estate market, a decrease of 10% from November. The average list price is $690,559, up .3% from November’s average list price of $688,695. There are 7 Cornelius lots currently under contract, a 0% decrease from November. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.

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Cornelius Real Estate Market Update October 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for October 2018

Cornelius Homes
In October 2018 39 homes sold in the Cornelius real estate market, a 9.3% decrease from the 43 Cornelius homes sold in September 2018. October 2018 sales figures decreased 2.5% from October 2017 when 40 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 26.8% from $654,979 in September to $479,477 in October. October 2018 average sales price increased 5.4% from the October 2017 average sales price which was $454,991.

Average days on the market decreased 11.1% from 54 days in September to 48 days on the market in October. The October 2017 average days on the market were 38, a 26.3% increase in market time from one year ago.

Currently there are 147 active homes for sale in the Cornelius real estate market, down 6.4% from October. The average list price of active listings is $957,284 up 6.8% from the October average list price of $896,181. There are 64 Cornelius homes currently under contract, down 1.5% from October. Based on these statistics, 3.8 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 October 2018 25 condos/townhomes sold in the Cornelius real estate market, a 31.6% increase from the 19 Cornelius condos or townhomes sold in September. October 2018 sales figures increased 31.6% from October 2017 when 19 Cornelius condos sold.

The average sales price decreased 8.6% from $259,184 in September to $236,965 in October. The October 2018 average sales price increased 10.5% from the October 2017 average sales price which was $214,513.

Average days on the market increased 25% from 28 in September to 35 in October. The October 2017 average days on the market were 16, an increase of 119% market time from one year ago.

Currently there are 43 active condo/townhomes for sale in the Cornelius real estate market, a 4.9% increase from the 41 Cornelius condos for sale in October. The average list price is $372,365, down 8.4% from October’s average list price of $406,564. 35 Cornelius condos/townhomes are currently under contract, a 6.1% increase from October. Based on these figures, 1.7 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In October 1 lots sold in the Cornelius area, a 100% increase from the 0 Cornelius lots sold in September. October 2018 sales figures decreased 0% from October 2017 when 1 Cornelius lots sold.

The average sales price decreased NA% from $NA in September to $185,000 in October. The October 2018 average sales price decreased 81% from the October 2017 average sales price which was $975,000.

Average days on the market decreased NA% from NA in September to 7 in October. The October 2017 average days on the market were 8, an 12.5% decrease in market time versus the same time period last year.

Currently there are 30 active lot listings in the Cornelius real estate market, an inecrease of 7.1% from October. The average list price is $688,695, down 7.2% from October’s average list price of $742,284. There are 7 Cornelius lots currently under contract, a 0% decrease from October. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.

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