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Cornelius Real Estate Market Update December 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for December 2018

Cornelius Homes
In December 2018 45 homes sold in the Cornelius real estate market, a 4.7% decrease from the 43 Cornelius homes sold in November 2018. December 2018 sales figures decreased 4.7% from December 2017 when 45 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 8.8% from $567,240 in November to $517,246 in December. December 2018 average sales price increased 1.8% from the December 2017 average sales price which was $508,109.

Average days on the market increased 8.6% from 70 days in November to 76 days on the market in December. The December 2017 average days on the market were 73, a 4.1% increase in market time from one year ago.

Currently there are 119 active homes for sale in the Cornelius real estate market, down 5.6% from December. The average list price of active listings is $989,176 up 1.2% from the December average list price of $977,599. There are 46 Cornelius homes currently under contract, up 15% from December. Based on these statistics, 2.6 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In December 2018 18 condos/townhomes sold in the Cornelius real estate market, a 20% increase from the 15 Cornelius condos or townhomes sold in November. December 2018 sales figures decreased 5.3% from December 2017 when 19 Cornelius condos sold.

The average sales price decreased 3.9% from $243,593 in November to $234,187 in December. The December 2018 average sales price increased 3.4% from the December 2017 average sales price which was $226,397.

Average days on the market decreased 7.5% from 53 in November to 49 in December. The December 2017 average days on the market were 32, an increase of 53.1% market time from one year ago.

Currently there are 49 active condo/townhomes for sale in the Cornelius real estate market, a 6.5% increase from the 46 Cornelius condos for sale in December. The average list price is $344,147, down 5.7% from December’s average list price of $365,056. 22 Cornelius condos/townhomes are currently under contract, an 8.3% decrease from December. Based on these figures, 2.7 months of inventory, we are currently in a sellers market for Cornelius condos.

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

The average sales price decreased NA% from $160,000 in November to $NA in December. The December 2018 average sales price decreased NA% from the December 2017 average sales price which was $437,500.

Average days on the market increased NA% from 20 in November to NA in December. The December 2017 average days on the market were 55, an NA% decrease in market time versus the same time period last year.

Currently there are 25 active lot listings in the Cornelius real estate market, a decrease of 7.4% from December. The average list price is $615,020, down 11% from December’s average list price of $690,559. There are 8 Cornelius lots currently under contract, a 14% increase from December. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.

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Cornelius Waterfront Real Estate Update November 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats November 2018

Cornelius Waterfront Homes

In November 2018 9 Cornelius waterfront homes sold in the Cornelius real estate market, a 125% increase from the 4 Cornelius waterfront homes sold in October. November 2018 waterfront sales figures increased 50% from November 2017 when 6 Cornelius waterfront homes sold.

The average sales price increased 4.1% from $1,224,375 in October to $1,275,083 in November. The November 2018 average sales price decreased 23.1% from the November 2017 average sales price which was $1,659,167.

Average days on the market increased from 92 in October to 170 in November, an 84.8% increase in market time. The November 2017 average days on the market were 114, a 49% increase in market time from one year ago.

Currently there are 42 active Cornelius waterfront homes listed in the Cornelius real estate market, down 10% from November.  There are 7 Cornelius waterfront homes currently under contract, down 42% from November. The average list price of active listings is $1,803,757 down .3% from November. 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 November 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 33% increase from the 6 Cornelius waterfront condos sold in October. November 2018 sales figures increased 0% from November 2017 when 4 Cornelius waterfront condos sold.

The average sales price decreased 4.9% from $315,833 in October to $300,500 in November. The November 2018 average sales price decreased 18.5% from the November 2017 average sales price which was $368,600.

Average days on the market increased 46.4% from 56 in October to 82 in November. The November 2017 average days on the market were 38, a 116% increase in market time from one year ago.

Currently there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, an 11.1% increase from November. There are 6 Cornelius waterfront lots are currently under contract, down 33% from November. The average list price of active listings is $285,680, down 2.3% 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 November 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in October. November 2018 sales figures decreased 100% from November 2017 when 1 Cornelius waterfront lots sold.

The November average sales price was $NA, up NA% from the October average sales price which was $NA. The November 2018 average sales price decreased NA% from the November 2017 average sales price of $859,000.

The average days on the market increased NA% from October, from NA to NA days on the market in November. November 2018 days on the market were down NA% from November 2017 when the average was 718 days on the market.

Currently there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, down 11.8% from November.  There is 1 Cornelius waterfront lot currently under contract. The average list price of active listings is $1,079,700 up 2.3% from last month. The lowest priced Cornelius waterfront lot is listed at $299,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.

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