Cornelius Real Estate Market Update February 2019

Cornelius Real Estate Market Report
Share the joy

Cornelius Real Estate Market Stats for February 2019

Cornelius Homes
In February 2019 21 homes sold in the Cornelius real estate market, a 23.8% decrease from the 26 Cornelius homes sold in January 2019. February 2019 sales figures decreased 30% from February 2018 when 30 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased by 45.6% from $499,436 in January to $727,057 in February. February 2019 average sales price increased 16.8% from the February 2018 average sales price which was $622,621.

Average days on the market decreased by 24.7% from 96 days in January to 77 days on the market in February. The February 2018 average days on the market were 87, a 11.5% decrease in market time from one year ago.

Currently there are 142 active homes for sale in the Cornelius real estate market, up 7.5% from February. The average list price of active listings is $984,731 up .4% from the February average list price of $980,899. There are 73 Cornelius homes currently under contract, up 21% from February. Based on these statistics, 1.5 months of inventory, we are currently in a seller’s 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 February 2019 12 condos/townhomes sold in the Cornelius real estate market, a 20% increase from the 10 Cornelius condos or townhomes sold in January 2019. February 2019 sales figures decreased 45.5% from February 2018 when 22 Cornelius condos sold.

The average sales price decreased by 2% from $241,400 in January to $236,675 in February. The February 2019 average sales price increased 23.4% from the February 2018 average sales price which was $191,857.

Average days on the market increased by 353% from 15 in January to 68 in February. The February 2018 average days on the market were 7, an increase of 871% market time from one year ago.

Currently there are 54 active condo/townhomes for sale in the Cornelius real estate market, a 0% increase from the 54 Cornelius condos for sale in February. The average list price is $334,709, up 1.1% from February’s average list price of $331,203. 36 Cornelius condos/townhomes are currently under contract, a 9% increase from February. Based on these figures, 1.3 months of inventory, we are currently in a seller’s market for Cornelius condos.

Cornelius Lots
In February 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in January 2019. February 2019 sales figures increased 200% from February 2018 when 0 Cornelius lots sold.

The average sales price increased 17.3% from $607,500 in January to $712,500 in February. The February 2019 average sales price decreased NA% from the February 2018 average sales price which was $NA.

Average days on the market increased 543% from 28 in January 2019 to 180 in February 2019. The February 2018 average days on the market were NA, a NA% decrease in market time versus the same time period last year.

Currently there are 16 active lot listings in the Cornelius real estate market, a decrease of 24% from February. The average list price is $870,425, up 36% from February’s average list price of $640,310. There are 10 Cornelius lots currently under contract, a 43% increase from February. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots for sale.

Search Cornelius homes for sale
Cornelius waterfront homes for sale
Search Cornelius condos for sale
Cornelius waterfront condos for sale

Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates


Share the joy

Leave a Reply