Tag Archives: cornelius real estate
Cornelius Real Estate Market Update January 2018
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.
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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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Cornelius Waterfront Real Estate Market Update December 2017
Cornelius Waterfront Real Estate Stats December 2017
Cornelius Waterfront Homes
In December 2017 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 6 Cornelius waterfront homes sold in November 2017. December 2017 waterfront sales figures decreased 50% from December 2016 when 8 Cornelius waterfront homes sold.
The average sales price decreased 10.5% from $1,659,167 in November to $1,485,687 in December. The December 2017 average sales price increased 6.2% from the December 2016 average sales price which was $1,398,625.
Average days on the market decreased from 114 in November to 188 in December, a 65% increase in market time. The December 2016 average days on the market were 224, a 16.1% decrease in market time.
Currently there are 53 active Cornelius waterfront homes listed in the Cornelius real estate market, up 6% from December, with 10 more under contract, up 0% from December. The average list price is $1,851,285 down .7% from December. The current lowest priced Cornelius waterfront home is listed at $480,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In December 2017 3 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 25% decrease from the 4 Cornelius waterfront condos sold in November 2017. December 2017 sales figures decreased 25% from December 2016 when 4 Cornelius waterfront condos sold.
The average sales price decreased 39.3% from $371,100 in November to $225,167 in December. The December 2017 average sales price decreased 4% from the December 2016 average sales price which was $234,500.
Average days on the market increased 39.5% from 38 in November to 53 in December. The December 2016 average days on the market were 33, a 60.6% increase in market time from one year ago.
Currently there are 7 active Cornelius waterfront condos listed in the Cornelius real estate market, a 16.7% increase from December, with 4 more under contract, up 300% from December. The average list price is $397,170, down 5.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $209,000 and the highest priced Cornelius waterfront condo is listed at $550,000.
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Cornelius Waterfront Lots
In December 2017 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in November 2017. December 2017 sales figures decreased 50% from December 2016 when 2 Cornelius waterfront lots sold.
The December average sales price was $820,000, down 4.5% from the November average sales price which was $859,000. The average sales price decreased 36.9% from the December 2016 average sales price of $1,300,000.
The average days on the market decreased 88.9% from November, from 718 to 80 days on the market in December. Days on the market were up 23.1% from December 2016 when the average was 65 days on the market.
Currently there are 12 active Cornelius waterfront lots listed in the Cornelius real estate market, down 14.3% from December, with 1 other under contract. The average list price is $1,079,542 up 1.9% 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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