Category Archives: Market Watch

Cornelius Waterfront Real Estate Update April 2019

Cornelius Waterfront Real Estate Update

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.

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 April 2019

Cornelius Real Estate Market Report

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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