Cornelius NC Real Estate

Cornelius Real Estate Market Stats for October 2018

Cornelius Homes
In October 2018 39 homes sold in the Cornelius real estate market, a 9.3% decrease from the 43 Cornelius homes sold in September 2018. October 2018 sales figures decreased 2.5% from October 2017 when 40 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 26.8% from $654,979 in September to $479,477 in October. October 2018 average sales price increased 5.4% from the October 2017 average sales price which was $454,991.

Average days on the market decreased 11.1% from 54 days in September to 48 days on the market in October. The October 2017 average days on the market were 38, a 26.3% increase in market time from one year ago.

Currently there are 147 active homes for sale in the Cornelius real estate market, down 6.4% from October. The average list price of active listings is $957,284 up 6.8% from the October average list price of $896,181. There are 64 Cornelius homes currently under contract, down 1.5% from October. Based on these statistics, 3.8 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In October 2018 25 condos/townhomes sold in the Cornelius real estate market, a 31.6% increase from the 19 Cornelius condos or townhomes sold in September. October 2018 sales figures increased 31.6% from October 2017 when 19 Cornelius condos sold.

The average sales price decreased 8.6% from $259,184 in September to $236,965 in October. The October 2018 average sales price increased 10.5% from the October 2017 average sales price which was $214,513.

Average days on the market increased 25% from 28 in September to 35 in October. The October 2017 average days on the market were 16, an increase of 119% market time from one year ago.

Currently there are 43 active condo/townhomes for sale in the Cornelius real estate market, a 4.9% increase from the 41 Cornelius condos for sale in October. The average list price is $372,365, down 8.4% from October’s average list price of $406,564. 35 Cornelius condos/townhomes are currently under contract, a 6.1% increase from October. Based on these figures, 1.7 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In October 1 lots sold in the Cornelius area, a 100% increase from the 0 Cornelius lots sold in September. October 2018 sales figures decreased 0% from October 2017 when 1 Cornelius lots sold.

The average sales price decreased NA% from $NA in September to $185,000 in October. The October 2018 average sales price decreased 81% from the October 2017 average sales price which was $975,000.

Average days on the market decreased NA% from NA in September to 7 in October. The October 2017 average days on the market were 8, an 12.5% decrease in market time versus the same time period last year.

Currently there are 30 active lot listings in the Cornelius real estate market, an inecrease of 7.1% from October. The average list price is $688,695, down 7.2% from October’s average list price of $742,284. There are 7 Cornelius lots currently under contract, a 0% decrease from October. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.

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