Tag Archives: cornelius real estate
Cornelius Real Estate Market Update October 2017
Cornelius Real Estate Market Stats for October 2017
Cornelius Homes
In October 2017 40 homes sold in the Cornelius area, a 28.6% decrease from the56 Cornelius homes sold in September 2017. October 2017 sales figures decreased 13% from October 2016 when 46 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 2.7% from $467,840 in September to $454,991 in October. The October 2017 average sales price increased 2.9% from the October 2016 average sales price which was $442,170.
Average days on the market decreased 55.3% from 85 days in September to 38 days on the market in October. The October 2016 average days on the market were 45, a 15.6% decrease in market time from one year ago.
Currently there are 164 active homes for sale in the Cornelius real estate market, up 3.8% from October. The average list price is $994,384 down 3.9% from the October average list price of $1,035,168. 72 Cornelius homes are currently under contract, down 18.2% from October. Based on these statistics, 4.1 months of inventory, we are currently in a sellers market in Cornelius.
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Cornelius Condos & Townhomes
In October 2017 19 condos/townhomes sold in the Cornelius real estate market, a 32.1% decrease from the 28 Cornelius condos or townhomes sold in September 2017. October 2017 sales figures decreased 26.9% from October 2016 when 26 Cornelius condos sold.
The average sales price increased 6.6% from $201,307 in September 2017 to $214,513 in October 2017. The October 2017 average sales price increased 7.3% from the October 2016 average sales price which was $199,916.
Average days on the market decreased 15.8% from 19 in September to 16 in October. October 2016 average days on the market were 56, a decrease of 71.4% market time from one year ago.
Currently there are 11 active condo/townhomes for sale in the Cornelius real estate market, a 50% decrease from the 22 Cornelius condos for sale in October. The average list price is $328,155, up 40% from October’s average list price of $234,200. 33 Cornelius condos/townhomes are currently under contract, a 17.9% increase from October. Based on these figures, .6 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In October 2017 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in September 2017. October 2017 sales figures decreased 67% from October 2016 when 3 Cornelius lots sold.
The average sales price increased 242% from $284,500 in September to $975,000 in October. The October 2017 average sales price increased 977% from the October 2016 average sales price which was $90,500.
Average days on the market decreased 79% from 38 in September to 8 in October. The October 2016 average days on the market were 148, a 94.6% decrease in market time versus the same time period last year.
Currently there are 29 active lot listings in the Cornelius real estate market, an increase of 7.4% from October. The average list price is $820,484, down 1.8% from October’s average list price of $835,898. 45 Cornelius lots are currently under contract, a 25% increase from October. Based on these numbers, 29 months of inventory, we are in a buyers market for Cornelius lots for sale.
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Cornelius Waterfront Real Estate Market Update September 2017
Cornelius Waterfront Real Estate Stats for September 2017
Cornelius Waterfront Homes
In September 2017 7 Cornelius waterfront homes sold, a 22.2% decrease from the 9 Cornelius waterfront homes sold in August 2017. September 2017 waterfront sales figures decreased 30% from September 2016 when 10 Cornelius waterfront homes sold.
The average sales price decreased 7.5% from $1,216,300 in August to $1,125,658 in September. The September 2017 average sales price increased 12% from the September 2016 average sales price which was $1,005,340.
Average days on the market increased from 119 in August to 209 in September, a 76% increase in market time. The September 2016 average days on the market were 100, a 109% increase in market time.
Currently there are 62 active Cornelius waterfront homes listed in the MLS, down 11% from September, with 14 more under contract, up 56% from September. The average list price is $1,779,505 up 3.3% from September. The current lowest priced Cornelius waterfront home is listed at $524,900 and the current highest priced active Cornelius waterfront home is listed at $4,795,000.
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Cornelius Waterfront Condos & Townhomes
In September 2017 2 Cornelius waterfront condo or townhome sold in the Lake Norman area, a 67% decrease from the 6 Cornelius waterfront condos sold in August 2017. September 2017 sales figures decreased 80% from September 2016 when 10 Cornelius waterfront condos sold.
The average sales price increased 12.4% from $237,167 in August to $266,500 in September. The September 2017 average sales price increased 1.2% from the September 2016 average sales price which was $263,345.
Average days on the market increased 878% from 9 in August to 88 in September. The September 2016 average days on the market were 108, an 18.5% decrease in market time from one year ago.
Currently there are 5 active Cornelius waterfront condos listed in the MLS, a 44% decrease from September, with 7 more under contract, up 40% from September. The average list price is $282,660, down 12.7% from last month. The lowest priced active Cornelius waterfront condo is listed at $199,900 and the highest priced Cornelius waterfront condo is listed at $369,000.
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Cornelius Waterfront Lots
In September 2017 1 Cornelius waterfront lot sold in the Lake Norman area, a 0% decrease from the 1 Cornelius waterfront lots sold in August 2017. September 2017 sales figures decreased 50% from September 2016 when 2 Cornelius waterfront lots sold.
The September average sales price was $344,000, up 62% from the August average sales price which was $212,500. The average sales price decreased 67.4% from the September 2016 average sales price of $1,055,000.
The average days on the market decreased 75% from August, from 306 to 75 days on the market in September. Days on the market were up 5.6% from September 2016 when the average was 71 days on the market.
Currently there are 18 active Cornelius waterfront lots listed in the MLS, up 5.9% from September, with 2 others under contract. The average list price is $945,914 down 1.2% 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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