Cornelius Waterfront Real Estate Update January 2019
Cornelius Waterfront Real Estate Stats January 2019
Cornelius Waterfront Homes
In January 2019 5 Cornelius waterfront homes sold in the Cornelius real estate market, a 16.7% decrease from the 6 Cornelius waterfront homes sold in December 2018. January 2019 waterfront sales figures decreased 28.6% from January 2018 when 7 Cornelius waterfront homes sold.
The average sales price decreased 23.8% from $1,244,333 in December 2018 to $948,000 in January 2019. The January 2019 average sales price increased 5.2% from the January 2018 average sales price which was $900,857.
Average days on the market decreased from 150 in December 2018 to 85 in January 2019, an 43.3% decrease in market time. The January 2018 average days on the market were 99, a 14.1% decrease in market time from one year ago.
Currently there are 38 active Cornelius waterfront homes listed in the Cornelius real estate market, up 5.6% from January. There are 9 Cornelius waterfront homes currently under contract, down 31% from January. The average list price of active listings is $1,970,021 up 2% from January. The current lowest priced Cornelius waterfront home is listed at $484,900 and the current highest priced active Cornelius waterfront home is listed at $3,995,000.
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Cornelius Waterfront Condos & Townhomes
In January 2019 1 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 83% decrease from the 6 Cornelius waterfront condos sold in December 2018. January 2019 sales figures increased 0% from January 2018 when 1 Cornelius waterfront condos sold.
The average sales price increased 43.6% from $277,075 in December 2018 to $398,000 in January 2019. The January 2019 average sales price increased 165% from the January 2018 average sales price which was $150,000.
Average days on the market decreased 96% from 105 in December 2018 to 4 in January 2019. The January 2018 average days on the market were 1, a 300% increase in market time from one year ago.
Currently there are 19 active Cornelius waterfront condos listed in the Cornelius real estate market, a 9..5% decrease from January. There are 8 Cornelius waterfront condo currently under contract, up 300% from January. The average list price of active listings is $296,668, down 3.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $175,000 and the highest priced Cornelius waterfront condo is listed at $499,900.
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Cornelius Waterfront Lots
In January 2019 2 Cornelius waterfront lots sold in the Cornelius real estate market, a 100% increase from the 0 Cornelius waterfront lots sold in December 2018. January 2019 sales figures increased 100% from January 2018 when 1 Cornelius waterfront lots sold.
The January 2019 average sales price was $607,500, up NA% from the December 2018 average sales price which was $NA. The January 2019 average sales price decreased 13.2% from the January 2018 average sales price of $700,000.
The average days on the market increased NA% from December 2018, from NA to 28 days on the market in January 2019. January 2019 days on the market were down 45.1% from January 2018 when the average was 51 days on the market.
Currently there are 12 active Cornelius waterfront lots listed in the Cornelius real estate market, down 0% from January. There is 1 Cornelius waterfront lots currently under contract. The average list price of active listings is $948,075 down 5.4% 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 January 2019
Cornelius Real Estate Market Stats for January 2019
Cornelius Homes
In January 2019 26 homes sold in the Cornelius real estate market, a 39.5% decrease from the 43 Cornelius homes sold in December 2018. January 2019 sales figures decreased 25.7% from January 2018 when 35 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 3.4% from $517,246 in December to $499,436 in January. January 2019 average sales price increased 11% from the January 2018 average sales price which was $450,030.
Average days on the market increased 26.3% from 76 days in December to 96 days on the market in January. The January 2018 average days on the market were 48, a 100% increase in market time from one year ago.
Currently there are 133 active homes for sale in the Cornelius real estate market, up 11.8% from January. The average list price of active listings is $980,899 down .8% from the January average list price of $989,176. There are 58 Cornelius homes currently under contract, up 26% from January. Based on these statistics, 5.1 months of inventory, we are currently in a balanced real estate market in Cornelius.
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Cornelius Condos & Townhomes
In January 2019 10 condos/townhomes sold in the Cornelius real estate market, a 44.4% decrease from the 18 Cornelius condos or townhomes sold in December 2018. January 2019 sales figures decreased 16.7% from January 2018 when 12 Cornelius condos sold.
The average sales price increased 3.1% from $234,187 in December to $241,400 in January. The January 2019 average sales price increased 19.1% from the January 2018 average sales price which was $202,742.
Average days on the market decreased 69.4% from 49 in December to 15 in January. The January 2018 average days on the market were 16, a decrease of 6.3% market time from one year ago.
Currently there are 54 active condo/townhomes for sale in the Cornelius real estate market, a 10.2% increase from the 49 Cornelius condos for sale in January. The average list price is $331,203, down 3.8% from January’s average list price of $344,147. 33 Cornelius condos/townhomes are currently under contract, a 50% increase from January. Based on these figures, 5.4 months of inventory, we are currently in a balanced market for Cornelius condos.
Cornelius Lots
In January 2019 2 lots sold in the Cornelius area, a 200% increase from the 0 Cornelius lots sold in December 2018. January 2019 sales figures decreased 0% from January 2018 when 2 Cornelius lots sold.
The average sales price increased NA% from $NA in December to $607,500 in January. The January 2019 average sales price decreased 23.5% from the January 2018 average sales price which was $793,920.
Average days on the market increased NA% from 20 in December 2018 to 28 in January 2019. The January 2018 average days on the market were 81, an 65.4% decrease in market time versus the same time period last year.
Currently there are 21 active lot listings in the Cornelius real estate market, a decrease of 16% from January. The average list price is $640,310, up 4.1% from January’s average list price of $615,020. There are 7 Cornelius lots currently under contract, a 12.5% decrease from January. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.
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