Tag Archives: Cornelius Real Estate For Sale

Cornelius Real Estate Market Update February 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for January 2018

Cornelius Homes
In February 2018 30 homes sold in the Cornelius area, a 14.3% decrease from the 35 Cornelius homes sold in January 2018. February 2018 sales figures increased 36.4% from February 2017 when 22 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 38.4% from $450,030 in January to $622,621 in February. The February 2018 average sales price increased 52.5% from the February 2017 average sales price which was $408,185.

Average days on the market increased 81.3% from 48 days in January to 87 days on the market in February. The February 2017 average days on the market were 80, an 8.8% increase in market time from one year ago.

Currently there are 149 active homes for sale in the Cornelius real estate market, up 20% from February. The average list price is $968,330 down 12.7% from the February average list price of $1,108,690. 101 Cornelius homes are currently under contract, up 36% from February. Based on these statistics, 5 months of inventory, we are currently in a balanced 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 February 2018 22 condos/townhomes sold in the Cornelius real estate market, an 83% increase from the 12 Cornelius condos or townhomes sold in January. February 2018 sales figures increased 4.8% from February 2017 when 21 Cornelius condos sold.

The average sales price decreased 5.4% from $202,742 in January to $191,857 in February. The February 2018 average sales price decreased 14.1% from the February 2017 average sales price which was $223,238.

Average days on the market decreased 56.3% from 16 in January to 7 in February. February 2017 average days on the market were 56, a decrease of 87.5% market time from one year ago.

Currently there are 29 active condo/townhomes for sale in the Cornelius real estate market, a 38.1% increase from the 21 Cornelius condos for sale in February. The average list price is $254,722, down 10.2% from February’s average list price of $283,638. 36 Cornelius condos/townhomes are currently under contract, a 20% increase from February. Based on these figures, 1.3 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In February 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in January. February 2018 sales figures decreased 67% from February 2017 when 3 Cornelius lots sold.

The average sales price increased 28.5% from $793,920 in January to $1,020,000 in February. The February 2018 average sales price increased 95.8% from the February 2017 average sales price which was $520,917.

Average days on the market increased 28.4% from 81 in January to 104 in February. The February 2017 average days on the market were 199, a 47.7% decrease in market time versus the same time period last year.

Currently there are 30 active lot listings in the Cornelius real estate market, an increase of 36.4% from February. The average list price is $844,584, down 1.9% from February’s average list price of $860,839. 4 Cornelius lots are currently under contract, a 20% decrease from February. Based on these numbers, 30 months of inventory, we are in a buyers market for Cornelius lots for sale.

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Cornelius Real Estate Market Update January 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for January 2018

Cornelius Homes
In January 2018 34 homes sold in the Cornelius area, a 24.4% decrease from the 45 Cornelius homes sold in December 2017. January 2018 sales figures decreased 2.9% from January 2017 when 35 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 10.2% from $508,109 in December to $456,443 in January 2018. The January 2018 average sales price decreased 28.5% from the January 2017 average sales price which was $638,429.

Average days on the market decreased 34.2% from 74 days in December to 48 days on the market in January 2018. The January 2017 average days on the market were 44, a 9.1% increase in market time from one year ago.

Currently there are 124 active homes for sale in the Cornelius real estate market, down 2.4% from January. The average list price is $1,108,690 up .9% from the January average list price of $1,098,912. 76 Cornelius homes are currently under contract, up 29% from January. Based on these statistics, 3.7 months of inventory, we are currently in a sellers 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 January 2018 12 condos/townhomes sold in the Cornelius real estate market, a 36.8% decrease from the 19 Cornelius condos or townhomes sold in December 2017. January 2018 sales figures decreased 36.8% from January 2017 when 19 Cornelius condos sold.

The average sales price decreased 10.4% from $226,397 in December 2017 to $202,742 in January 2018. The January 2018 average sales price increased 1.8% from the January 2017 average sales price which was $199,092.

Average days on the market decreased 50% from 32 in December to 16 in January 2018. January 2017 average days on the market were 48, a decrease of 66.7% market time from one year ago.

Currently there are 21 active condo/townhomes for sale in the Cornelius real estate market, a 50% increase from the 14 Cornelius condos for sale in January. The average list price is $283,638, down 5.3% from January’s average list price of $299,749. 30 Cornelius condos/townhomes are currently under contract, a 7% increase from January. Based on these figures, 1.8 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In January 2018 2 lots sold in the Cornelius area, a 100% increase from the 1 Cornelius lots sold in December 2017. January 2018 sales figures decreased 0% from January 2017 when 2 Cornelius lots sold.

The average sales price decreased 3.2% from $820,000 in December to $793,920 in January 2018. The January 2018 average sales price increased 125% from the January 2017 average sales price which was $352,500.

Average days on the market increased 1.3% from 80 in December to 81 in January 2018. The January 2017 average days on the market were 183 a 56% decrease 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 8.3% from January. The average list price is $860,839, down 3.1% from January’s average list price of $888,686. 5 Cornelius lots are currently under contract, a 67% increase from January. Based on these numbers, 11 months of inventory, we are in a buyers market for Cornelius lots for sale.

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