Tag Archives: cornelius real estate
Cornelius Real Estate Market Update March 2018
Cornelius Real Estate Market Stats for March 2018
Cornelius Homes
In March 2018 38 homes sold in the Cornelius area, a 26.7% increase from the 30 Cornelius homes sold in February 2018. March 2018 sales figures decreased 24% from March 2017 when 50 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 15.2% from $622,621 in February to $528,292 in March. The March 2018 average sales price decreased 1% from the March 2017 average sales price which was $533,061.
Average days on the market decreased 29.9% from 87 days in February to 61 days on the market in March. The March 2017 average days on the market were 73, an 16.4% decrease in market time from one year ago.
Currently there are 143 active homes for sale in the Cornelius real estate market, down 4% from March. The average list price is $938,768 down 3.1% from the March average list price of $968,330. 108 Cornelius homes are currently under contract, up 7% from March. Based on these statistics, 3.8 months of inventory, we are currently in a sellers real estate market in Cornelius.
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Cornelius Condos & Townhomes
In March 2018 23 condos/townhomes sold in the Cornelius real estate market, a 4.5% increase from the 22 Cornelius condos or townhomes sold in February. March 2018 sales figures decreased 37.8% from March 2017 when 37 Cornelius condos sold.
The average sales price increased 20.6% from $191,857 in February to $231,402 in March. The March 2018 average sales price increased 15.2% from the March 2017 average sales price which was $200,885.
Average days on the market increased 186% from 7 in February to 20 in March. March 2017 average days on the market were 47, a decrease of 57.4% market time from one year ago.
Currently there are 25 active condo/townhomes for sale in the Cornelius real estate market, a 13.8% decrease from the 29 Cornelius condos for sale in March. The average list price is $257,070, up 1% from March’s average list price of $254,722. 35 Cornelius condos/townhomes are currently under contract, a 2.8% decrease from March. Based on these figures, 1.1 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In March 2 lots sold in the Cornelius area, a 200% increase from the 0 Cornelius lots sold in February. March 2018 sales figures increased 100% from March 2017 when 1 Cornelius lots sold.
The average sales price increased NA% from $NA in February to $161,000 in March. The March 2018 average sales price decreased 26% from the March 2017 average sales price which was $217,500.
Average days on the market increased NA% from NA in February to 4 in March. The March 2017 average days on the market were 64, a 94% 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 0% from March. The average list price is $743,738, down 12% from March’s average list price of $844,584. 3 Cornelius lots are currently under contract, a 25% decrease from March. Based on these numbers, 15 months of inventory, we are in a buyers market for Cornelius lots for sale.
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Cornelius Waterfront Real Estate Market Update February 2018
Cornelius Waterfront Real Estate Stats February 2018
Cornelius Waterfront Homes
In February 2018 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 14.3% decrease from the 7 Cornelius waterfront homes sold in January. February 2018 waterfront sales figures increased 50% from February 2017 when 4 Cornelius waterfront homes sold.
The average sales price increased 97.7% from $900,587 in January to $1,780,417 in February. The February 2018 average sales price increased 145% from the February 2017 average sales price which was $726,000.
Average days on the market increased from 99 in January to 186 in February, an 87.9% increase in market time. The February 2017 average days on the market were 113, a 64.6% increase in market time.
Currently there are 44 active Cornelius waterfront homes listed in the Cornelius real estate market, down 4.3% from February, with 26 more under contract, up 44% from February. The average list price is $1,934,561 down 1.4% from February. The current lowest priced Cornelius waterfront home is listed at $456,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In February 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 300% increase from the 1 Cornelius waterfront condo sold in January. February 2018 sales figures decreased 20% from February 2017 when 5 Cornelius waterfront condos sold.
The average sales price increased 55.7% from $150,000 in January to $233,500 in February. The February 2018 average sales price decreased 29.5% from the February 2017 average sales price which was $331,100.
Average days on the market increased 1600% from 1 in January to 17 in February. The February 2017 average days on the market were 11, a 54.5% increase in market time from one year ago.
Currently there are 13 active Cornelius waterfront condos listed in the Cornelius real estate market, a 30% increase from February, with 6 more under contract, up 0% from February. The average list price is $319,012, down 4.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $205,000 and the highest priced Cornelius waterfront condo is listed at $525,000.
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Cornelius Waterfront Lots
In February 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in January. February 2018 sales figures decreased 67% from February 2017 when 2 Cornelius waterfront lots sold.
The February average sales price was $1,020,000, up 45.7% from the January average sales price which was $700,000. The February 2018 average sales price increased 95.8% from the February 2017 average sales price of $520,917.
The average days on the market increased 104% from January, from 51 to 104 days on the market in February. February 2018 days on the market were down 47.7% from February 2017 when the average was 199 days on the market.
Currently there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, up 33% from February, with 1 lot under contract. The average list price is $1,127,833 up 4.9% from last month. The lowest priced Cornelius waterfront lot is listed at $355,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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