Cornelius NC Real Estate

Cornelius Real Estate Market Stats for October 2017

Cornelius Homes
In October 2017 40 homes sold in the Cornelius area, a 28.6% decrease from the56 Cornelius homes sold in September 2017. October 2017 sales figures decreased 13% from October 2016 when 46 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 2.7% from $467,840 in September to $454,991 in October. The October 2017 average sales price increased 2.9% from the October 2016 average sales price which was $442,170.

Average days on the market decreased 55.3% from 85 days in September to 38 days on the market in October. The October 2016 average days on the market were 45, a 15.6% decrease in market time from one year ago.

Currently there are 164 active homes for sale in the Cornelius real estate market, up 3.8% from October. The average list price is $994,384 down 3.9% from the October average list price of $1,035,168. 72 Cornelius homes are currently under contract, down 18.2% from October. Based on these statistics, 4.1 months of inventory, we are currently in a sellers 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 October 2017 19 condos/townhomes sold in the Cornelius real estate market, a 32.1% decrease from the 28 Cornelius condos or townhomes sold in September 2017. October 2017 sales figures decreased 26.9% from October 2016 when 26 Cornelius condos sold.

The average sales price increased 6.6% from $201,307 in September 2017 to $214,513 in October 2017. The October 2017 average sales price increased 7.3% from the October 2016 average sales price which was $199,916.

Average days on the market decreased 15.8% from 19 in September to 16 in October. October 2016 average days on the market were 56, a decrease of 71.4% market time from one year ago.

Currently there are 11 active condo/townhomes for sale in the Cornelius real estate market, a 50% decrease from the 22 Cornelius condos for sale in October. The average list price is $328,155, up 40% from October’s average list price of $234,200. 33 Cornelius condos/townhomes are currently under contract, a 17.9% increase from October. Based on these figures, .6 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In October 2017 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in September 2017. October 2017 sales figures decreased 67% from October 2016 when 3 Cornelius lots sold.

The average sales price increased 242% from $284,500 in September to $975,000 in October. The October 2017 average sales price increased 977% from the October 2016 average sales price which was $90,500.

Average days on the market decreased 79% from 38 in September to 8 in October. The October 2016 average days on the market were 148, a 94.6% decrease in market time versus the same time period last year.

Currently there are 29 active lot listings in the Cornelius real estate market, an increase of 7.4% from October. The average list price is $820,484, down 1.8% from October’s average list price of $835,898. 45 Cornelius lots are currently under contract, a 25% increase from October. Based on these numbers, 29 months of inventory, we are in a buyers 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