Category Archives: Market Watch
Cornelius Waterfront Real Estate Update April 2019
Cornelius Waterfront Real Estate Stats April 2019
Cornelius Waterfront Homes
In April 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 0% increase from the 6 Cornelius waterfront homes sold in March 2019. April 2019 waterfront sales figures decreased 50% from April 2018 when 12 Cornelius waterfront homes sold.
The average sales price increased 95% from $866,167 in March 2019 to $1,686,667 in April 2019. The April 2019 average sales price increased 2.7% from the April 2018 average sales price which was $1,642,888.
Average days on the market increased from 130 in March 2019 to 152 in April 2019, a 17% increase in market time. The April 2018 average days on the market were 96, a 58% increase in market time from one year ago.
Currently, there are 51 active Cornelius waterfront homes listed in the Cornelius real estate market, up 0% from April. There are 18 Cornelius waterfront homes currently under contract, up 125% from April. The average list price of active listings is $1,775,355 up 2.4% from April. The current lowest priced Cornelius waterfront home is listed at $449,900 and the current highest priced active Cornelius waterfront home is listed at $3,995,000.
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Cornelius Waterfront Condos & Townhomes
In April 2019 5 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 0% increase from the 5 Cornelius waterfront condo sold in March 2019. April 2019 sales figures decreased 16.7% from April 2018 when 6 Cornelius waterfront condos sold.
The average sales price increased by 9.4% from $276,500 in March 2019 to $302,600 in April 2019. The April 2019 average sales price decreased 21% from the April 2018 average sales price which was $382,917.
Average days on the market increased by 25.3% from 79 in March 2019 to 99 in April 2019. The April 2018 average days on the market were 38, a 161% increase in market time from one year ago.
Currently, there are 29 active Cornelius waterfront condos listed in the Cornelius real estate market, a 12% increase from April. There are 8 Cornelius waterfront condo currently under contract, up 14% from April. The average list price of active listings is $326,769, up 3% from last month. The lowest priced active Cornelius waterfront condo is listed at $192,000 and the highest priced Cornelius waterfront condo is listed at $549,700.
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Cornelius Waterfront Lots
In April 2019 0 Cornelius waterfront lots sold in the Cornelius real estate market, a 100% decrease from the 1 Cornelius waterfront lots sold in March 2019. April 2019 sales figures decreased 100% from April 2018 when 1 Cornelius waterfront lots sold.
The April 2019 average sales price was $NA, down NA% from the March 2019 average sales price which was $592,000. The April 2019 average sales price decreased NA% from the April 2018 average sales price of $795,000.
The average days on the market decreased by NA% from March 2019, from 6 to NA days on the market in April 2019. April 2019 days on the market were down NA% from April 2018 when the average was 7 days on the market.
Currently, there are 16 active Cornelius waterfront lots listed in the Cornelius real estate market, up 6.7% from April. There is 1 Cornelius waterfront lot currently under contract, down 67% from April. The average list price of active listings is $1,016,860 up 8% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.
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Cornelius Real Estate Market Update April 2019
Cornelius Real Estate Market Stats for April 2019
Cornelius Homes
In April 2019 36 homes sold in the Cornelius real estate market, a 16.3% decrease from the 43 Cornelius homes sold in March 2019. April 2019 sales figures decreased 35.7% from April 2018 when 56 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased by 27.9% from $467,100 in March to $597,350 in April. April 2019 average sales price decreased 3% from the April 2018 average sales price which was $615,888.
Average days on the market decreased by 13% from 69 days in March to 60 days on the market in April. The April 2018 average days on the market were 45, a 33% increase in market time from one year ago.
Currently, there are 153 active homes for sale in the Cornelius real estate market, down 2.5% from April. The average list price of active listings is $940,063 up 3.4% from the April average list price of $909,049. There are 104 Cornelius homes currently under contract, up 15.5% from April. Based on these statistics, 1.1 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In April 2019 19 condos/townhomes sold in the Cornelius real estate market, a 30% decrease from the 27 Cornelius condos or townhomes sold in March 2019. April 2019 sales figures decreased 27% from April 2018 when 26 Cornelius condos sold.
The average sales price increased by 11% from $210,649 in March to $233,818 in April. The April 2019 average sales price decreased 3% from the April 2018 average sales price which was $241,110.
Average days on the market decreased by 0% from 40 in March to 40 in April. The April 2018 average days on the market were 16, an increase of 150% market time from one year ago.
Currently, there are 61 active condo/townhomes for sale in the Cornelius real estate market, a 3.2% decrease from the 63 Cornelius condos for sale in April. The average list price is $291,483, down 13.3% from April’s average list price of $336,069. 37 Cornelius condos/townhomes are currently under contract, a 5.1% decrease from April. Based on these figures, 1.1 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In April 2019 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in March 2019. April 2019 sales figures increased 0% from April 2018 when 1 Cornelius lots sold.
The average sales price decreased by 54% from $348,500 in March to $160,000 in April. The April 2019 average sales price decreased 80% from the April 2018 average sales price which was $795,000.
Average days on the market increased by 256% from 76 in March 2019 to 271 in April 2019. The April 2018 average days on the market were 7, a 3771% increase in market time versus the same time period last year.
Currently, there are 21 active lot listings in the Cornelius real estate market, a decrease of 4.5% from April. The average list price is $874,367, up 4.4% from April’s average list price of $837,809. There are 8 Cornelius lots currently under contract, an 11% decrease from April. 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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