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Cornelius Real Estate Market Update July 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for July 2018

Cornelius Homes
In July 2018 61 homes sold in the Cornelius real estate market, a 1.6% decrease from the 62 Cornelius homes sold in June 2018. July 2018 sales figures decreased 10.3% from July 2017 when 68 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 25% from $625,752 in June to $469,793 in July. July 2018 average sales price decreased 2.8% from the July 2017 average sales price which was $483,171.

Average days on the market decreased 45% from 67 days in June to 37 days on the market in July. The July 2017 average days on the market were also 37, a 0% increase in market time from one year ago.

Currently there are 165 active homes for sale in the Cornelius real estate market, up 1.2% from July. The average list price of active listings is $956,151 down .9% from the July average list price of $959,352. 80 Cornelius homes are currently under contract, down 27.3% from July. Based on these statistics, 2.7 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In July 2018 40 condos/townhomes sold in the Cornelius real estate market, a 21.2% increase from the 33 Cornelius condos or townhomes sold in June. July 2018 sales figures increased 2.6% from July 2017 when 39 Cornelius condos sold.

The average sales price increased 18.6% from $190,952 in June to $226,478 in July. The July 2018 average sales price increased 4.9% from the July 2017 average sales price which was $216,003.

Average days on the market decreased 29% from 17 in June to 12 in July. The July 2017 average days on the market were 39, a decrease of 69.2% market time from one year ago.

Currently there are 46 active condo/townhomes for sale in the Cornelius real estate market, a 7% increase from the 43 Cornelius condos for sale in July. The average list price is $369,448, down 1.9% from July’s average list price of $376,635. 35 Cornelius condos/townhomes are currently under contract, a 5.4% decrease from July. Based on these figures, 1.2 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In July 1 lots sold in the Cornelius area, a 100% increase from the 0 Cornelius lots sold in June. July 2018 sales figures decreased 67% from July 2017 when 3 Cornelius lots sold.

The average sales price decreased NA% from $NA in June to $195,000 in July. The July 2018 average sales price decreased 80% from the July 2017 average sales price which was $955,833.

Average days on the market increased NA% from NA in June to 103 in July. The July 2017 average days on the market were 116, an 11% decrease in market time versus the same time period last year.

Currently there are 31 active lot listings in the Cornelius real estate market, a decrease of 11% from July. The average list price is $788,995, down 2% from July’s average list price of $804,867. 8 Cornelius lots are currently under contract, an 11% decrease from July. Based on these numbers, 31 months of inventory, we are in a buyers market for Cornelius lots for sale.

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Cornelius Waterfront Real Estate Market Update June 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats June 2018

Cornelius Waterfront Homes

In June 2018 14 Cornelius waterfront homes sold in the Cornelius real estate market, a 55.6% increase from the 9 Cornelius waterfront homes sold in May. June 2018 waterfront sales figures decreased 12.5% from June 2017 when 16 Cornelius waterfront homes sold.

The average sales price decreased 21.9% from $1,598,544 in May to $1,248,832 in June. The June 2018 average sales price increased 1% from the June 2017 average sales price which was $1,237,425.

Average days on the market increased from 155 in May to 113 in June, a 27% decrease in market time. The June 2017 average days on the market were 118, a 4.2% decrease in market time from one year ago.

Currently there are 56 active Cornelius waterfront homes listed in the Cornelius real estate market, down 6.7% from June, with 23 more under contract, up 35.3% from June. The average list price is $1,704,830 up 9.6% from June. The current lowest priced Cornelius waterfront home is listed at $419,000 and the current highest priced active Cornelius waterfront home is listed at $4,275,000.

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Cornelius Waterfront Condos & Townhomes

In June 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 50% decrease from the 8 Cornelius waterfront condos sold in May. June 2018 sales figures decreased 60% from June 2017 when 10 Cornelius waterfront condos sold.

The average sales price increased 3% from $283,113 in May to $291,625 in June. The June 2018 average sales price decreased 10.6% from the June 2017 average sales price which was $326,385.

Average days on the market decreased 44.7% from 38 in May to 21 in June. The June 2017 average days on the market were 36, a 41.7% decrease in market time from one year ago.

Currently there are 21 active Cornelius waterfront condos listed in the Cornelius real estate market, a 24% increase from June, with 10 more under contract, down 9.1% from June. The average list price is $334,943, up 5% from last month. The lowest priced active Cornelius waterfront condo is listed at $189,900 and the highest priced Cornelius waterfront condo is listed at $524,900.

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Cornelius Waterfront Lots

In June 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in May. June 2018 sales figures decreased 100% from June 2017 when 2 Cornelius waterfront lots sold.

The June average sales price was $NA, up NA% from the May average sales price which was $NA. The June 2018 average sales price decreased NA% from the June 2017 average sales price of $1,250,000.

The average days on the market increased NA% from May, from NA to NA days on the market in June. June 2018 days on the market were down NA% from June 2017 when the average was 28 days on the market.

Currently there are 21 active Cornelius waterfront lots listed in the Cornelius real estate market, down 4.5% from June, with 1 waterfront lot under contract. The average list price is $1,131,400 up .4% from last month. The lowest priced Cornelius waterfront lot is listed at $354,900 and the highest priced Cornelius waterfront lot is listed at $1,650,000.

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