Cornelius Waterfront Real Estate Update June 2019
Cornelius Waterfront Real Estate Stats June 2019
Cornelius Waterfront Homes
In June 2019 18 Cornelius waterfront homes sold in the Cornelius real estate market, a 350% increase from the 4 Cornelius waterfront homes sold in May 2019. June 2019 waterfront sales figures increased 28.6% from June 2018 when 14 Cornelius waterfront homes sold.
The average sales price increased 18.3% from $1,348,125 in May 2019 to $1,594,361 in June 2019. The June 2019 average sales price increased 27.7% from the June 2018 average sales price which was $1,248,832.
Average days on the market increased from 13 in May 2019 to 97 in June 2019, a 646% increase in market time. The June 2018 average days on the market were 113, a 14.2% decrease in market time from one year ago.
Currently, there are 44 active Cornelius waterfront homes listed in the Cornelius real estate market, down 10.2% from June. There are 11 Cornelius waterfront homes currently under contract, down 21.4% from June. The average list price of active listings is $1,762,166 down 45.4% from June. The current lowest-priced Cornelius waterfront home is listed at $539,000 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.
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Cornelius Waterfront Condos & Townhomes
In June 2019 10 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 100% increase from the 5 Cornelius waterfront condo sold in May 2019. June 2019 sales figures increased 150% from June 2018 when 4 Cornelius waterfront condos sold.
The average sales price increased by 1.3% from $289,560 in May 2019 to $293,300 in June 2019. The June 2019 average sales price increased .6% from the June 2018 average sales price which was $291,625.
Average days on the market decreased by 43.7% from 87 in May 2019 to 49 in June 2019. The June 2018 average days on the market were 21, a 133% increase in market time from one year ago.
Currently, there are 23 active Cornelius waterfront condos listed in the Cornelius real estate market, a 15% increase from June. There are 11 Cornelius waterfront condos currently under contract, down 31.3% from June. The average list price of active listings is $318,074, down 8.1% from last month. The lowest-priced active Cornelius waterfront condo is listed at $174,900 and the highest priced Cornelius waterfront condo is listed at $539,700.
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Cornelius Waterfront Lots
In June 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 0% increase from the 1 Cornelius waterfront lots sold in May 2019. June 2019 sales figures increased 100% from June 2018 when 0 Cornelius waterfront lots sold.
The June 2019 average sales price was $1,312,500, up 67.2% from the May 2019 average sales price which was $785,000. The June 2019 average sales price decreased NA% from the June 2018 average sales price of $NA.
The average days on the market increased by 56.4% from May 2019, from 273 to 427 days on the market in June 2019. June 2019 days on the market were down NA% from June 2018 when the average was NA days on the market.
Currently, there are 20 active Cornelius waterfront lots listed in the Cornelius real estate market, up 25% from June. There are 2 Cornelius waterfront lots currently under contract, up 0% from June. The average list price of active listings is $1,186,645 down 8.9% from last month. The lowest-priced Cornelius waterfront lot is listed at $249,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.
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Cornelius Real Estate Market Update June 2019
Cornelius Real Estate Market Stats for June 2019
Cornelius Homes
In June 2019 69 homes sold in the Cornelius real estate market, a 15% increase from the 60 Cornelius homes sold in May 2019. June 2019 sales figures increased 11.3% from June 2018 when 62 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased by 41.1% from $510,944 in May to $721,121 in June. June 2019 average sales price increased 15.2% from the June 2018 average sales price which was $625,752.
Average days on the market increased by 62.2% from 37 days in May to 60 days on the market in June. The June 2018 average days on the market were 67, an 11.7% decrease in market time from one year ago.
Currently, there are 135 active homes for sale in the Cornelius real estate market, down 6.3% from June. The average list price of active listings is $935,089 down 4.7% from the June average list price of $980,868. There are 73 Cornelius homes currently under contract, down 26.3% from June. Based on these statistics, 2 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In June 2019 26 condos/townhomes sold in the Cornelius real estate market, a 0% increase from the 26 Cornelius condos or townhomes sold in May 2019. June 2019 sales figures decreased 21.1% from June 2018 when 33 Cornelius condos sold.
The average sales price decreased by 3.2% from $241,873 in May to $234,096 in June. The June 2019 average sales price increased 22.6% from the June 2018 average sales price which was $190,952.
Average days on the market increased by 22.9% from 35 in May to 43 in June. The June 2018 average days on the market were 17, an increase of 153% market time from one year ago.
Currently, there are 59 active condo/townhomes for sale in the Cornelius real estate market, a 6.3% decrease from the 63 Cornelius condos for sale in June. The average list price is $414,049, down 3.6% from June’s average list price of $429,420. 46 Cornelius condos/townhomes are currently under contract, a 7% increase from June. Based on these figures, 2.3 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In June 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in May 2019. June 2019 sales figures increased 200% from June 2018 when 0 Cornelius lots sold.
The average sales price increased by 21.8% from $552,500 in May to $673,000 in June. The June 2019 average sales price increased NA% from the June 2018 average sales price which was $NA.
Average days on the market increased by 52.5% from 141 in May 2019 to 215 in June 2019. The June 2018 average days on the market were NA, an NA% increase in market time versus the same time period last year.
Currently, there are 27 active lot listings in the Cornelius real estate market, an increase of 12.5% from June. The average list price is $1,012,100, down 5.6% from June’s average list price of $1,072,071. There are 10 Cornelius lots currently under contract, an 11.1% increase from June. 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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