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Cornelius Waterfront Real Estate Market Update June 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats June 2018

Cornelius Waterfront Homes

In June 2018 14 Cornelius waterfront homes sold in the Cornelius real estate market, a 55.6% increase from the 9 Cornelius waterfront homes sold in May. June 2018 waterfront sales figures decreased 12.5% from June 2017 when 16 Cornelius waterfront homes sold.

The average sales price decreased 21.9% from $1,598,544 in May to $1,248,832 in June. The June 2018 average sales price increased 1% from the June 2017 average sales price which was $1,237,425.

Average days on the market increased from 155 in May to 113 in June, a 27% decrease in market time. The June 2017 average days on the market were 118, a 4.2% decrease in market time from one year ago.

Currently there are 56 active Cornelius waterfront homes listed in the Cornelius real estate market, down 6.7% from June, with 23 more under contract, up 35.3% from June. The average list price is $1,704,830 up 9.6% from June. The current lowest priced Cornelius waterfront home is listed at $419,000 and the current highest priced active Cornelius waterfront home is listed at $4,275,000.

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Cornelius Waterfront Condos & Townhomes

In June 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 50% decrease from the 8 Cornelius waterfront condos sold in May. June 2018 sales figures decreased 60% from June 2017 when 10 Cornelius waterfront condos sold.

The average sales price increased 3% from $283,113 in May to $291,625 in June. The June 2018 average sales price decreased 10.6% from the June 2017 average sales price which was $326,385.

Average days on the market decreased 44.7% from 38 in May to 21 in June. The June 2017 average days on the market were 36, a 41.7% decrease in market time from one year ago.

Currently there are 21 active Cornelius waterfront condos listed in the Cornelius real estate market, a 24% increase from June, with 10 more under contract, down 9.1% from June. The average list price is $334,943, up 5% from last month. The lowest priced active Cornelius waterfront condo is listed at $189,900 and the highest priced Cornelius waterfront condo is listed at $524,900.

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Cornelius Waterfront Lots

In June 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in May. June 2018 sales figures decreased 100% from June 2017 when 2 Cornelius waterfront lots sold.

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

The average days on the market increased NA% from May, from NA to NA days on the market in June. June 2018 days on the market were down NA% from June 2017 when the average was 28 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the Cornelius real estate market, down 4.5% from June, with 1 waterfront lot under contract. The average list price is $1,131,400 up .4% 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 June 2018

Cornelius Real Estate Market Report

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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