Tag Archives: cornelius real estate

Cornelius Waterfront Real Estate Update August 2019

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats August 2019

Cornelius Waterfront Homes

In August 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 9 Cornelius waterfront homes sold in July 2019. August 2019 waterfront sales figures decreased 45.5% from August 2018 when 11 Cornelius waterfront homes sold.

The average sales price decreased 12.1% from $1,438,833 in July 2019 to $1,264,367 in August 2019. The August 2019 average sales price increased .5% from the August 2018 average sales price which was $1,258,591.

Average days on the market increased from 40 in July 2019 to 129 in August 2019, a 223% increase in market time. The August 2018 average days on the market were 189, a 31.7% decrease in market time from one year ago.

Currently, there are 45 active Cornelius waterfront homes listed in the Cornelius real estate market, down 2.2% from August.  There are 15 Cornelius waterfront homes currently under contract, up 88% from August. The average list price of active listings is $1,687,371 down 5.4% from August. The current lowest-priced Cornelius waterfront home is listed at $539,000 and the current highest priced active Cornelius waterfront home is listed at $3,799,000.

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Cornelius Waterfront Condos & Townhomes

In August 2019 12 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 7.7% decrease from the 13 Cornelius waterfront condo sold in July 2019. August 2019 sales figures increased 50% from August 2018 when 8 Cornelius waterfront condos sold.

The average sales price increased by 15.4% from $276,792 in July 2019 to $319,333 in August 2019. The August 2019 average sales price increased 5.1% from the August 2018 average sales price which was $303,750.

Average days on the market decreased by 1.5% from 66 in July 2019 to 65 in August 2019. The August 2018 average days on the market were 27, a 141% increase in market time from one year ago.

Currently, there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 0% decrease from August. There are 8 Cornelius waterfront condos currently under contract, down 33% from August. The average list price of active listings is $328,845, up 2.5% from last month. The lowest-priced active Cornelius waterfront condo is listed at $189,000 and the highest priced Cornelius waterfront condo is listed at $675,000.

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Cornelius Waterfront Lots

In August 2019 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% increase from the 1 Cornelius waterfront lots sold in July 2019. August 2019 sales figures increased 100% from August 2018 when 0 Cornelius waterfront lots sold.

The August 2019 average sales price was $1,450,000, up 100% from the July 2019 average sales price which was $725,000. The August 2019 average sales price decreased NA% from the August 2018 average sales price of $NA.

The average days on the market decreased by 99% from July 2019, from 135 to 2 days on the market in August 2019. August 2019 days on the market were down NA% from August 2018 when the average was NA days on the market.

Currently, there are 18 active Cornelius waterfront lots listed in the Cornelius real estate market, up 20% from August.  There are 3 Cornelius waterfront lots currently under contract, up 50% from August. The average list price of active listings is $1,270,828 down 1.8% from last month. The lowest-priced Cornelius waterfront lot is listed at $250,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.

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Cornelius Real Estate Market Update August 2019

Cornelius Real Estate Market Report

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.

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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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