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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.

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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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Cornelius Waterfront Real Estate Market Update March 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats March 2018

Cornelius Waterfront Homes

In March 2018 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 0% decrease from the 6 Cornelius waterfront homes sold in February. March 2018 waterfront sales figures increased 25% from March 2017 when 8 Cornelius waterfront homes sold.

The average sales price decreased 12% from $1,780,417 in February to $1,566,167 in March. The March 2018 average sales price increased 20.6% from the March 2017 average sales price which was $1,298,715.

Average days on the market decreased from 186 in February to 86 in March, an 54% decrease in market time. The March 2017 average days on the market were 115, a 25% decrease in market time from one year ago.

Currently there are 50 active Cornelius waterfront homes listed in the Cornelius real estate market, up 13.6% from March, with 17 more under contract, down 35% from March. The average list price is $1,643,010 down 15% from March. The current lowest priced Cornelius waterfront home is listed at $456,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.

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Cornelius Waterfront Condos & Townhomes

In March 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 0% increase from the 4 Cornelius waterfront condo sold in February. March 2018 sales figures decreased 125% from March 2017 when 9 Cornelius waterfront condos sold.

The average sales price increased 53.5% from $233,500 in February to $358,375 in March. The March 2018 average sales price decreased 6.8% from the March 2017 average sales price which was $250,556.

Average days on the market increased 59% from 17 in February to 27 in March. The March 2017 average days on the market were 56, a 52% decrease in market time from one year ago.

Currently there are 9 active Cornelius waterfront condos listed in the Cornelius real estate market, a 31% decrease from March, with 9 more under contract, up5 0% from March. The average list price is $341,253, up 7% from last month. The lowest priced active Cornelius waterfront condo is listed at $240,000 and the highest priced Cornelius waterfront condo is listed at $444,850.

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Cornelius Waterfront Lots

In March 0 Cornelius waterfront lot sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in February. March 2018 sales figures decreased 0% from March 2017 when 0 Cornelius waterfront lots sold.

The March average sales price was $NA, up NA% from the February average sales price which was $NA. The March 2018 average sales price increased NA% from the March 2017 average sales price of $NA.

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

Currently there are 14 active Cornelius waterfront lots listed in the Cornelius real estate market, down 6.7% from March, with 0 lots under contract. The average list price is $1,104,529 down 2.1% 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.

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