Tag Archives: Cornelius Real Estate For Sale
Cornelius Real Estate Market Update August 2019
Cornelius Real Estate Market Stats for August 2019
Cornelius Homes
In August 2019 50 homes sold in the Cornelius real estate market, a 13.8% decrease from the 58 Cornelius homes sold in July 2019. August 2019 sales figures decreased 31.5% from August 2018 when 73 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased by 3.5% from $548,789 in July to $567,960 in August. August 2019 average sales price increased 6.3% from the August 2018 average sales price which was $534,474.
Average days on the market increased by 50% from 44 days in July to 66 days on the market in August. The August 2018 average days on the market were 80, an 17.5% decrease in market time from one year ago.
Currently, there are 130 active homes for sale in the Cornelius real estate market, down 9.1% from August. The average list price of active listings is $933,702 up 1.4% from the August average list price of $921,181. There are 93 Cornelius homes currently under contract, up 52.5% from August. Based on these statistics, 2.6 months of inventory, we are currently in a seller’s real estate market in Cornelius.
It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In August 2019 41 condos/townhomes sold in the Cornelius real estate market, a 24.2% increase from the 33 Cornelius condos or townhomes sold in July 2019. August 2019 sales figures increased 51.9% from August 2018 when 27 Cornelius condos sold.
The average sales price increased by 11.5% from $237,320 in July to $264,611 in August. The August 2019 average sales price increased 15.7% from the August 2018 average sales price which was $228,643.
Average days on the market increased by 18% from 39 in July to 46 in August. The August 2018 average days on the market were 23, an increase of 100% market time from one year ago.
Currently, there are 66 active condo/townhomes for sale in the Cornelius real estate market, a 12% increase from the 59 Cornelius condos for sale in August. The average list price is $362,554, down 3% from August’s average list price of $373,886. 41 Cornelius condos/townhomes are currently under contract, a 2.4% decrease from August. Based on these figures, 1.6 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In August 2019 4 lots sold in the Cornelius area, a 300% increase from the 1 Cornelius lots sold in July 2019. August 2019 sales figures increased 0% from August 2018 when 4 Cornelius lots sold.
The average sales price increased by 34.7% from $725,000 in July to $976,750 in August. The August 2019 average sales price increased 703% from the August 2018 average sales price which was $121,563.
Average days on the market decreased by 39.3% from 135 in July 2019 to 82 in August 2019. The August 2018 average days on the market were 97, a 15.5% decrease in market time versus the same time period last year.
Currently, there are 28 active lot listings in the Cornelius real estate market, an increase of 27.3% from August. The average list price is $987,300, down 1% from August’s average list price of $997,932. There are 11 Cornelius lots currently under contract, a 22% increase from August. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots and land.
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Cornelius Real Estate Market Update July 2019
Cornelius Real Estate Market Stats for July 2019
Cornelius Homes
In July 2019 58 homes sold in the Cornelius real estate market, a 16% decrease from the 69 Cornelius homes sold in June 2019. July 2019 sales figures decreased 4.9% from July 2018 when 61 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased by 23.9% from $721,121 in June to $548,789 in July. July 2019 average sales price increased 16.8% from the July 2018 average sales price which was $469,793.
Average days on the market decreased by 26.7% from 60 days in June to 44 days on the market in July. The July 2018 average days on the market were 37, an 18.9% increase in market time from one year ago.
Currently, there are 143 active homes for sale in the Cornelius real estate market, up 5.9% from July. The average list price of active listings is $921,181 down 1.5% from the July average list price of $935,089. There are 61 Cornelius homes currently under contract, down 16.4% from July. Based on these statistics, 2.5 months of inventory, we are currently in a seller’s real estate market in Cornelius.
It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com
Cornelius Condos & Townhomes
In July 2019 33 condos/townhomes sold in the Cornelius real estate market, a 26.9% increase from the 26 Cornelius condos or townhomes sold in June 2019. July 2019 sales figures decreased 17.5% from July 2018 when 40 Cornelius condos sold.
The average sales price increased by 1.4% from $234,096 in June to $237,320 in July. The July 2019 average sales price increased 4.8% from the July 2018 average sales price which was $226,478.
Average days on the market decreased by 9.3% from 43 in June to 39 in July. The July 2018 average days on the market were 12, an increase of 225% market time from one year ago.
Currently, there are 59 active condo/townhomes for sale in the Cornelius real estate market, a 0% decrease from the 59 Cornelius condos for sale in July. The average list price is $373,886, down 9.7% from July’s average list price of $414,049. 42 Cornelius condos/townhomes are currently under contract, an 8.7% decrease from July. Based on these figures, 1.8 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In July 2019 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in June 2019. July 2019 sales figures increased 0% from July 2018 when 1 Cornelius lots sold.
The average sales price increased by 7.7% from $673,000 in June to $725,000 in July. The July 2019 average sales price increased 272% from the July 2018 average sales price which was $195,000.
Average days on the market decreased by 37.2% from 215 in June 2019 to 135 in July 2019. The July 2018 average days on the market were 103, a 31% increase in market time versus the same time period last year.
Currently, there are 22 active lot listings in the Cornelius real estate market, a decrease of 18.5% from July. The average list price is $997,932, down 1.4% from July’s average list price of $1,012,100. There are 9 Cornelius lots currently under contract, a 10% decrease from July. 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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