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Cornelius Real Estate Market Update July 2019

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for July 2019

Cornelius Homes
In July 2019 58 homes sold in the Cornelius real estate market, a 16% decrease from the 69 Cornelius homes sold in June 2019. July 2019 sales figures decreased 4.9% from July 2018 when 61 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased by 23.9% from $721,121 in June to $548,789 in July. July 2019 average sales price increased 16.8% from the July 2018 average sales price which was $469,793.

Average days on the market decreased by 26.7% from 60 days in June to 44 days on the market in July. The July 2018 average days on the market were 37, an 18.9% increase in market time from one year ago.

Currently, there are 143 active homes for sale in the Cornelius real estate market, up 5.9% from July. The average list price of active listings is $921,181 down 1.5% from the July average list price of $935,089. There are 61 Cornelius homes currently under contract, down 16.4% from July. Based on these statistics, 2.5 months of inventory, we are currently in a seller’s real estate market in Cornelius.

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Cornelius Condos & Townhomes
In July 2019 33 condos/townhomes sold in the Cornelius real estate market, a 26.9% increase from the 26 Cornelius condos or townhomes sold in June  2019. July 2019 sales figures decreased 17.5% from July 2018 when 40 Cornelius condos sold.

The average sales price increased by 1.4% from $234,096 in June to $237,320 in July. The July 2019 average sales price increased 4.8% from the July 2018 average sales price which was $226,478.

Average days on the market decreased by 9.3% from 43 in June to 39 in July. The July 2018 average days on the market were 12, an increase of 225% market time from one year ago.

Currently, there are 59 active condo/townhomes for sale in the Cornelius real estate market, a 0% decrease from the 59 Cornelius condos for sale in July. The average list price is $373,886, down 9.7% from July’s average list price of $414,049. 42 Cornelius condos/townhomes are currently under contract, an 8.7% decrease from July. Based on these figures, 1.8 months of inventory, we are currently in a seller’s market for Cornelius condos.

Cornelius Lots
In July 2019 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in June 2019. July 2019 sales figures increased 0% from July 2018 when 1 Cornelius lots sold.

The average sales price increased by 7.7% from $673,000 in June to $725,000 in July. The July 2019 average sales price increased 272% from the July 2018 average sales price which was $195,000.

Average days on the market decreased by 37.2% from 215 in June 2019 to 135 in July 2019. The July 2018 average days on the market were 103, a 31% increase 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 18.5% from July. The average list price is $997,932, down 1.4% from July’s average list price of $1,012,100. There are 9 Cornelius lots currently under contract, a 10% decrease from July. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots for sale.

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Cornelius Waterfront Real Estate Update June 2019

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats June 2019

Cornelius Waterfront Homes

In June 2019 18 Cornelius waterfront homes sold in the Cornelius real estate market, a 350% increase from the 4 Cornelius waterfront homes sold in May 2019. June 2019 waterfront sales figures increased 28.6% from June 2018 when 14 Cornelius waterfront homes sold.

The average sales price increased 18.3% from $1,348,125 in May 2019 to $1,594,361 in June 2019. The June 2019 average sales price increased 27.7% from the June 2018 average sales price which was $1,248,832.

Average days on the market increased from 13 in May 2019 to 97 in June 2019, a 646% increase in market time. The June 2018 average days on the market were 113, a 14.2% decrease in market time from one year ago.

Currently, there are 44 active Cornelius waterfront homes listed in the Cornelius real estate market, down 10.2% from June.  There are 11 Cornelius waterfront homes currently under contract, down 21.4% from June. The average list price of active listings is $1,762,166 down 45.4% from June. The current lowest-priced Cornelius waterfront home is listed at $539,000 and the current highest priced active Cornelius waterfront home is listed at $3,950,000.

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Cornelius Waterfront Condos & Townhomes

In June 2019 10 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 100% increase from the 5 Cornelius waterfront condo sold in May 2019. June 2019 sales figures increased 150% from June 2018 when 4 Cornelius waterfront condos sold.

The average sales price increased by 1.3% from $289,560 in May 2019 to $293,300 in June 2019. The June 2019 average sales price increased .6% from the June 2018 average sales price which was $291,625.

Average days on the market decreased by 43.7% from 87 in May 2019 to 49 in June 2019. The June 2018 average days on the market were 21, a 133% increase in market time from one year ago.

Currently, there are 23 active Cornelius waterfront condos listed in the Cornelius real estate market, a 15% increase from June. There are 11 Cornelius waterfront condos currently under contract, down 31.3% from June. The average list price of active listings is $318,074, down 8.1% from last month. The lowest-priced active Cornelius waterfront condo is listed at $174,900 and the highest priced Cornelius waterfront condo is listed at $539,700.

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Cornelius Waterfront Lots

In June 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 0% increase from the 1 Cornelius waterfront lots sold in May 2019. June 2019 sales figures increased 100% from June 2018 when 0 Cornelius waterfront lots sold.

The June 2019 average sales price was $1,312,500, up 67.2% from the May 2019 average sales price which was $785,000. The June 2019 average sales price decreased NA% from the June 2018 average sales price of $NA.

The average days on the market increased by 56.4% from May 2019, from 273 to 427 days on the market in June 2019. June 2019 days on the market were down NA% from June 2018 when the average was NA days on the market.

Currently, there are 20 active Cornelius waterfront lots listed in the Cornelius real estate market, up 25% from June.  There are 2 Cornelius waterfront lots currently under contract, up 0% from June. The average list price of active listings is $1,186,645 down 8.9% from last month. The lowest-priced Cornelius waterfront lot is listed at $249,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.

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