Cornelius Waterfront Real Estate Update March 2019
Cornelius Waterfront Real Estate Stats March 2019
Cornelius Waterfront Homes
In March 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 50% increase from the 4 Cornelius waterfront homes sold in February 2019. March 2019 waterfront sales figures decreased 0% from March 2018 when 6 Cornelius waterfront homes sold.
The average sales price decreased 57.5% from $2,037,500 in February 2019 to $866,167 in March 2019. The March 2019 average sales price decreased 44.7% from the March 2018 average sales price which was $1,566,167.
Average days on the market increased from 114 in February 2019 to 130 in March 2019, a 14% increase in market time. The March 2018 average days on the market were 86, a 51.2% increase in market time from one year ago.
Currently, there are 51 active Cornelius waterfront homes listed in the Cornelius real estate market, up 19% from March. There are 8 Cornelius waterfront homes currently under contract, up 33% from March. The average list price of active listings is $1,733,855 down 12% from March. The current lowest priced Cornelius waterfront home is listed at $479,900 and the current highest priced active Cornelius waterfront home is listed at $4,500,000.
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Cornelius Waterfront Condos & Townhomes
In March 2019 5 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 150% increase from the 2 Cornelius waterfront condo sold in February 2019. March 2019 sales figures decreased 0% from March 2018 when 5 Cornelius waterfront condos sold.
The average sales price decreased by 9.9% from $307,000 in February 2019 to $276,500 in March 2019. The March 2019 average sales price decreased 22% from the March 2018 average sales price which was $354,260.
Average days on the market decreased by 42% from 136 in February 2019 to 79 in March 2019. The March 2018 average days on the market were 24, a 229% increase in market time from one year ago.
Currently, there are 26 active Cornelius waterfront condos listed in the Cornelius real estate market, a 13% increase from March. There are 7 Cornelius waterfront condo currently under contract, up 17% from March. The average list price of active listings is $317,000, up 7.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $192,000 and the highest priced Cornelius waterfront condo is listed at $515,000.
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Cornelius Waterfront Lots
In March 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in February 2019. March 2019 sales figures increased 100% from March 2018 when 0 Cornelius waterfront lots sold.
The March 2019 average sales price was $592,000, down 57% from the February 2019 average sales price which was $1,375,000. The March 2019 average sales price decreased NA% from the March 2018 average sales price of $NA.
The average days on the market decreased 96% from February 2019, from 169 to 6 days on the market in March 2019. March 2019 days on the market were down NA% from March 2018 when the average was NA days on the market.
Currently, there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, up 15.4% from March. There is 1 Cornelius waterfront lot currently under contract, down 67% from March. The average list price of active listings is $1,016,860 up 8% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.
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Cornelius Real Estate Market Update March 2019
Cornelius Real Estate Market Stats for March 2019
Cornelius Homes
In March 2019 43 homes sold in the Cornelius real estate market, a 105% increase from the 21 Cornelius homes sold in February 2019. March 2019 sales figures increased 13.2% from March 2018 when 38 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased by 35.8% from $727,057 in February to $467,100 in March. March 2019 average sales price decreased 11.6% from the March 2018 average sales price which was $528,292.
Average days on the market decreased by 10.4% from 77 days in February to 69 days on the market in March. The March 2018 average days on the market were 61, a 13.1% increase in market time from one year ago.
Currently, there are 157 active homes for sale in the Cornelius real estate market, up 3.5% from March. The average list price of active listings is $909,049 down 7.7% from the March average list price of $984,731. There are 90 Cornelius homes currently under contract, up 23.3% from March. Based on these statistics, 1.2 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In March 2019 27 condos/townhomes sold in the Cornelius real estate market, a 125% increase from the 12 Cornelius condos or townhomes sold in February 2019. March 2019 sales figures increased 17.4% from March 2018 when 23 Cornelius condos sold.
The average sales price decreased by 11% from $236,675 in February to $210,649 in March. The March 2019 average sales price decreased 9% from the March 2018 average sales price which was $231,402.
Average days on the market decreased by 41% from 68 in February to 40 in March. The March 2018 average days on the market were 20, an increase of 100% market time from one year ago.
Currently, there are 63 active condo/townhomes for sale in the Cornelius real estate market, a 16.7% increase from the 54 Cornelius condos for sale in March. The average list price is $336,069, up .4% from March’s average list price of $334,709. 39 Cornelius condos/townhomes are currently under contract, an 8.3% increase from March. Based on these figures, 1 month of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In March 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in February 2019. March 2019 sales figures increased 0% from March 2018 when 2 Cornelius lots sold.
The average sales price decreased by 51% from $712,500 in February to $348,500 in March. The March 2019 average sales price increased 116% from the March 2018 average sales price which was $161,000.
Average days on the market decreased by 58% from 180 in February 2019 to 76 in March 2019. The March 2018 average days on the market were 4, an 1800% increase in market time versus the same time period last year.
Currently, there are 22 active lot listings in the Cornelius real estate market, an increase of 38% from March. The average list price is $837,809, down 3.7% from March’s average list price of $870,425. There are 9 Cornelius lots currently under contract, a 10% decrease from March. 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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