Cornelius Waterfront Real Estate Update May 2019
Cornelius Waterfront Real Estate Stats May 2019
Cornelius Waterfront Homes
In May 2019 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 6 Cornelius waterfront homes sold in April 2019. May 2019 waterfront sales figures decreased 55.6% from May 2018 when 9 Cornelius waterfront homes sold.
The average sales price decreased 20.1% from $1,686,677 in April 2019 to $1,348,125 in May 2019. The May 2019 average sales price decreased 15.7% from the May 2018 average sales price which was $1,598,544.
Average days on the market decreased from 152 in April 2019 to 13 in May 2019, a 91.4% decrease in market time. The May 2018 average days on the market were 155, a 91.6% decrease in market time from one year ago.
Currently, there are 49 active Cornelius waterfront homes listed in the Cornelius real estate market, down 3.9% from May. There are 14 Cornelius waterfront homes currently under contract, down 22.2% from May. The average list price of active listings is $1,846,154 up 4% from May. 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 May 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 April 2019. May 2019 sales figures decreased 37.5% from May 2018 when 8 Cornelius waterfront condos sold.
The average sales price decreased by 4.3% from $302,600 in April 2019 to $289,560 in May 2019. The May 2019 average sales price increased 2.3% from the May 2018 average sales price which was $283,113.
Average days on the market decreased by 12.1% from 99 in April 2019 to 87 in May 2019. The May 2018 average days on the market were 38, a 129% increase in market time from one year ago.
Currently, there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 31% decrease from May. There are 16 Cornelius waterfront condos currently under contract, up 100% from May. The average list price of active listings is $346,130, up 5.9% from last month. The lowest priced active Cornelius waterfront condo is listed at $215,000 and the highest priced Cornelius waterfront condo is listed at $539,700.
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Cornelius Waterfront Lots
In May 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 100% increase from the 0 Cornelius waterfront lots sold in April 2019. May 2019 sales figures increased 100% from May 2018 when 0 Cornelius waterfront lots sold.
The May 2019 average sales price was $785,000, down NA% from the April 2019 average sales price which was $NA. The May 2019 average sales price decreased NA% from the May 2018 average sales price of $NA.
The average days on the market decreased by NA% from April 2019, from NA to 273 days on the market in May 2019. May 2019 days on the market were down NA% from May 2018 when the average was NA days on the market.
Currently, there are 16 active Cornelius waterfront lots listed in the Cornelius real estate market, up 0% from May. There are 2 Cornelius waterfront lots currently under contract, up 100% from May. The average list price of active listings is $1,302,244 up 28% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.
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Cornelius Real Estate Market Update May 2019
Cornelius Real Estate Market Stats for May 2019
Cornelius Homes
In May 2019 60 homes sold in the Cornelius real estate market, a 66.7% increase from the 36 Cornelius homes sold in April 2019. May 2019 sales figures increased 5.3% from May 2018 when 57 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased by 14.5% from $597,350 in April to $510,944 in May. May 2019 average sales price decreased 12.4% from the May 2018 average sales price which was $583,489.
Average days on the market decreased by 38.3% from 60 days in April to 37 days on the market in May. The May 2018 average days on the market were 67, a 44.8% decrease in market time from one year ago.
Currently, there are 144 active homes for sale in the Cornelius real estate market, down 5.9% from May. The average list price of active listings is $980,868 up 4.3% from the May average list price of $940,063. There are 99 Cornelius homes currently under contract, down 4.8% from May. Based on these statistics, 2.4 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In May 2019 26 condos/townhomes sold in the Cornelius real estate market, a 30% increase from the 20 Cornelius condos or townhomes sold in April 2019. May 2019 sales figures decreased 16.1% from May 2018 when 31 Cornelius condos sold.
The average sales price increased by 5.7% from $228,827 in April to $241,873 in May. The May 2019 average sales price increased 13.9% from the May 2018 average sales price which was $212,437.
Average days on the market decreased by 10.3% from 39 in April to 35 in May. The May 2018 average days on the market were 20, an increase of 75% market time from one year ago.
Currently, there are 63 active condo/townhomes for sale in the Cornelius real estate market, a 3.3% increase from the 61 Cornelius condos for sale in May. The average list price is $429,420, up 47.3% from May’s average list price of $291,483. 43 Cornelius condos/townhomes are currently under contract, a 16.2% increase from May. Based on these figures, 2.4 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In May 2019 2 lots sold in the Cornelius area, a 100% increase from the 1 Cornelius lots sold in April 2019. May 2019 sales figures increased 100% from May 2018 when 1 Cornelius lots sold.
The average sales price increased by 245% from $160,000 in April to $552,500 in May. The May 2019 average sales price increased 402% from the May 2018 average sales price which was $110,000.
Average days on the market decreased by 48% from 271 in April 2019 to 141 in May 2019. The May 2018 average days on the market were 11, a 1182% increase in market time versus the same time period last year.
Currently, there are 24 active lot listings in the Cornelius real estate market, an increase of 14.3% from May. The average list price is $1,072,071, up 22.6% from May’s average list price of $874,367. There are 9 Cornelius lots currently under contract, a 12.5% increase from May. 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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