Category Archives: Market Watch
Cornelius Waterfront Real Estate Update July 2019
Cornelius Waterfront Real Estate Stats July 2019
Cornelius Waterfront Homes
In July 2019 9 Cornelius waterfront homes sold in the Cornelius real estate market, a 50% decrease from the 18 Cornelius waterfront homes sold in June 2019. July 2019 waterfront sales figures increased 0% from July 2018 when 9 Cornelius waterfront homes sold.
The average sales price decreased 9.8% from $1,594,361 in June 2019 to $1,438,833 in July 2019. The July 2019 average sales price increased 55% from the July 2018 average sales price which was $927,986.
Average days on the market decreased from 97 in June 2019 to 40 in July 2019, a 58.8% decrease in market time. The July 2018 average days on the market were 29, a 37.9% increase in market time from one year ago.
Currently, there are 46 active Cornelius waterfront homes listed in the Cornelius real estate market, up 4.5% from July. There are 8 Cornelius waterfront homes currently under contract, down 27.3% from July. The average list price of active listings is $1,783,343 up 1.2% from July. The current lowest-priced Cornelius waterfront home is listed at $595,500 and the current highest priced active Cornelius waterfront home is listed at $3,799,000.
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Cornelius Waterfront Condos & Townhomes
In July 2019 13 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 30% increase from the 10 Cornelius waterfront condo sold in June 2019. July 2019 sales figures increased 44.4% from July 2018 when 9 Cornelius waterfront condos sold.
The average sales price decreased by 5.6% from $293,300 in June 2019 to $276,792 in July 2019. The July 2019 average sales price decreased 16.4% from the July 2018 average sales price which was $331,000.
Average days on the market increased by 64.7% from 49 in June 2019 to 66 in July 2019. The July 2018 average days on the market were 10, a 560% increase in market time from one year ago.
Currently, there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 13% decrease from July. There are 12 Cornelius waterfront condos currently under contract, up 9.1% from July. The average list price of active listings is $320,875, up .9% from last month. The lowest-priced active Cornelius waterfront condo is listed at $174,900 and the highest priced Cornelius waterfront condo is listed at $534,700.
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Cornelius Waterfront Lots
In July 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 0% increase from the 1 Cornelius waterfront lots sold in June 2019. July 2019 sales figures increased 100% from July 2018 when 0 Cornelius waterfront lots sold.
The July 2019 average sales price was $725,000, down 44.8% from the June 2019 average sales price which was $1,312,500. The July 2019 average sales price decreased NA% from the July 2018 average sales price of $NA.
The average days on the market decreased by 68.4% from June 2019, from 427 to 135 days on the market in July 2019. July 2019 days on the market were down NA% from July 2018 when the average was NA days on the market.
Currently, there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, down 25% from July. There are 2 Cornelius waterfront lots currently under contract, up 0% from July. The average list price of active listings is $1,294,327 up 9.1% from last month. The lowest-priced Cornelius waterfront lot is listed at $250,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.
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Cornelius Real Estate Market Update July 2019
Cornelius Real Estate Market Stats for July 2019
Cornelius Homes
In July 2019 58 homes sold in the Cornelius real estate market, a 16% decrease from the 69 Cornelius homes sold in June 2019. July 2019 sales figures decreased 4.9% from July 2018 when 61 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased by 23.9% from $721,121 in June to $548,789 in July. July 2019 average sales price increased 16.8% from the July 2018 average sales price which was $469,793.
Average days on the market decreased by 26.7% from 60 days in June to 44 days on the market in July. The July 2018 average days on the market were 37, an 18.9% increase in market time from one year ago.
Currently, there are 143 active homes for sale in the Cornelius real estate market, up 5.9% from July. The average list price of active listings is $921,181 down 1.5% from the July average list price of $935,089. There are 61 Cornelius homes currently under contract, down 16.4% from July. Based on these statistics, 2.5 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In July 2019 33 condos/townhomes sold in the Cornelius real estate market, a 26.9% increase from the 26 Cornelius condos or townhomes sold in June 2019. July 2019 sales figures decreased 17.5% from July 2018 when 40 Cornelius condos sold.
The average sales price increased by 1.4% from $234,096 in June to $237,320 in July. The July 2019 average sales price increased 4.8% from the July 2018 average sales price which was $226,478.
Average days on the market decreased by 9.3% from 43 in June to 39 in July. The July 2018 average days on the market were 12, an increase of 225% market time from one year ago.
Currently, there are 59 active condo/townhomes for sale in the Cornelius real estate market, a 0% decrease from the 59 Cornelius condos for sale in July. The average list price is $373,886, down 9.7% from July’s average list price of $414,049. 42 Cornelius condos/townhomes are currently under contract, an 8.7% decrease from July. Based on these figures, 1.8 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In July 2019 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in June 2019. July 2019 sales figures increased 0% from July 2018 when 1 Cornelius lots sold.
The average sales price increased by 7.7% from $673,000 in June to $725,000 in July. The July 2019 average sales price increased 272% from the July 2018 average sales price which was $195,000.
Average days on the market decreased by 37.2% from 215 in June 2019 to 135 in July 2019. The July 2018 average days on the market were 103, a 31% increase in market time versus the same time period last year.
Currently, there are 22 active lot listings in the Cornelius real estate market, a decrease of 18.5% from July. The average list price is $997,932, down 1.4% from July’s average list price of $1,012,100. There are 9 Cornelius lots currently under contract, a 10% decrease from July. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots for sale.
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