Tag Archives: Lake Norman Cornelius Real Estate

Cornelius Real Estate Market Update May 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for May 2018

Cornelius Homes
In May 2018 55 homes sold in the Cornelius area, a 1.8% decrease from the 56 Cornelius homes sold in April 2018. May 2018 sales figures increased 3.8% from May 2017 when 53 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 3.8% from $615,888 in April to $592,398 in May. May 2018 average sales price decreased 2.4% from the May 2017 average sales price which was $606,700.

Average days on the market increased 51% from 45 days in April to 68 days on the market in May. The May 2017 average days on the market were 77, an 11.7% decrease in market time from one year ago.

Currently there are 173 active homes for sale in the Cornelius real estate market, up 16% from May. The average list price is $964,692 down .3% from the May average list price of $967,694. 103 Cornelius homes are currently under contract, down 2.8% from May. Based on these statistics, 3.1 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 May 2018 31 condos/townhomes sold in the Cornelius real estate market, a 19% increase from the 26 Cornelius condos or townhomes sold in April. May 2018 sales figures decreased 18% from May 2017 when 38 Cornelius condos sold.

The average sales price decreased 12% from $241,110 in April to $212,437 in May. The May 2018 average sales price increased 7.9% from the May 2017 average sales price which was $196,947.

Average days on the market increased 25% from 16 in March to 20 in April. April 2017 average days on the market were 31, a decrease of 35.5% market time from one year ago.

Currently there are 39 active condo/townhomes for sale in the Cornelius real estate market, a 15% decrease from the 46 Cornelius condos for sale in May . The average list price is $402,975, up 9.7% from May’s average list price of $367,476. 53 Cornelius condos/townhomes are currently under contract, a 51% increase from May. Based on these figures, 1.3 months of inventory, we are currently in a sellers market for Cornelius condos.

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

The average sales price decreased 86.2% from $795,000 in March to $110,000 in April. The April 2018 average sales price increased NA% from the April 2017 average sales price which was $NA.

Average days on the market increased 57% from 7 in April to 11 in May. The May 2017 average days on the market were NA, a NA% decrease in market time versus the same time period last year.

Currently there are 36 active lot listings in the Cornelius real estate market, an increase of 6% from May. The average list price is $815,199, up 4.4% from May’s average list price of $780,772. 9 Cornelius lots are currently under contract, a 29% increase from May. Based on these numbers, 36 months of inventory, we are in a buyers market for Cornelius lots for sale.

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Cornelius Real Estate Market Update April 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for April 2018

Cornelius Homes
In April 2018 56 homes sold in the Cornelius area, a 47.4% increase from the 38 Cornelius homes sold in March 2018. April 2018 sales figures increased 5.7% from April 2017 when 53 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 16.6% from $528,292 in March to $615,888 in April. The April 2018 average sales price increased 40.4% from the April 2017 average sales price which was $438,696.

Average days on the market decreased 26.2% from 61 days in March to 45 days on the market in April. The April 2017 average days on the market were 63, an 28.6% decrease in market time from one year ago.

Currently there are 166 active homes for sale in the Cornelius real estate market, up 16.1% from April. The average list price is $967,694 up 3.1% from the April average list price of $938,768. 106 Cornelius homes are currently under contract, down 1.9% from April. Based on these statistics, 3.0 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 April 2018 26 condos/townhomes sold in the Cornelius real estate market, a 13% increase from the 23 Cornelius condos or townhomes sold in March. April 2018 sales figures decreased 18.8% from April 2017 when 32 Cornelius condos sold.

The average sales price increased 4.2% from $231,402 in March  to $241,110 in April. The April 2018 average sales price increased 6.9% from the April 2017 average sales price which was $225,505.

Average days on the market decreased 20% from 20 in March to 16 in April. April 2017 average days on the market were 39, a decrease of 59% market time from one year ago.

Currently there are 46 active condo/townhomes for sale in the Cornelius real estate market, an 84% increase from the 25 Cornelius condos for sale in April. The average list price is $367,476, up 43% from April’s average list price of $257,070. 35 Cornelius condos/townhomes are currently under contract, a 0% decrease from April. Based on these figures, 1.8 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In April 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in March. April 2018 sales figures decreased 75% from April 2017 when 4 Cornelius lots sold.

The average sales price increased 394% from $161,000 in March to $795,000 in April. The April 2018 average sales price increased 49% from the April 2017 average sales price which was $535,000.

Average days on the market increased 75% from 4 in March to 7 in April. The April 2017 average days on the market were 211, a 97% decrease in market time versus the same time period last year.

Currently there are 34 active lot listings in the Cornelius real estate market, an increase of 13.3% from April. The average list price is $780,772, up 5% from April’s average list price of $743,738. 7 Cornelius lots are currently under contract, a 133% increase from April. Based on these numbers, 34 months of inventory, we are in a buyers market for Cornelius lots for sale.

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