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Cornelius Real Estate Market Update June 2019

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for June 2019

Cornelius Homes
In June 2019 69 homes sold in the Cornelius real estate market, a 15% increase from the 60 Cornelius homes sold in May 2019. June 2019 sales figures increased 11.3% from June 2018 when 62 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased by 41.1% from $510,944 in May to $721,121 in June. June 2019 average sales price increased 15.2% from the June 2018 average sales price which was $625,752.

Average days on the market increased by 62.2% from 37 days in May to 60 days on the market in June. The June 2018 average days on the market were 67, an 11.7% decrease in market time from one year ago.

Currently, there are 135 active homes for sale in the Cornelius real estate market, down 6.3% from June. The average list price of active listings is $935,089 down 4.7% from the June average list price of $980,868. There are 73 Cornelius homes currently under contract, down 26.3% from June. Based on these statistics, 2 months of inventory, we are currently in a seller’s real estate market in Cornelius.

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Cornelius Condos & Townhomes
In June 2019 26 condos/townhomes sold in the Cornelius real estate market, a 0% increase from the 26 Cornelius condos or townhomes sold in May 2019. June 2019 sales figures decreased 21.1% from June 2018 when 33 Cornelius condos sold.

The average sales price decreased by 3.2% from $241,873 in May to $234,096 in June. The June 2019 average sales price increased 22.6% from the June 2018 average sales price which was $190,952.

Average days on the market increased by 22.9% from 35 in May to 43 in June. The June 2018 average days on the market were 17, an increase of 153% market time from one year ago.

Currently, there are 59 active condo/townhomes for sale in the Cornelius real estate market, a 6.3% decrease from the 63 Cornelius condos for sale in June. The average list price is $414,049, down 3.6% from June’s average list price of $429,420. 46 Cornelius condos/townhomes are currently under contract, a 7% increase from June. Based on these figures, 2.3 months of inventory, we are currently in a seller’s market for Cornelius condos.

Cornelius Lots
In June 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in May 2019. June 2019 sales figures increased 200% from June 2018 when 0 Cornelius lots sold.

The average sales price increased by 21.8% from $552,500 in May to $673,000 in June. The June 2019 average sales price increased NA% from the June 2018 average sales price which was $NA.

Average days on the market increased by 52.5% from 141 in May 2019 to 215 in June 2019. The June 2018 average days on the market were NA, an NA% increase in market time versus the same time period last year.

Currently, there are 27 active lot listings in the Cornelius real estate market, an increase of 12.5% from June. The average list price is $1,012,100, down 5.6% from June’s average list price of $1,072,071. There are 10 Cornelius lots currently under contract, an 11.1% increase from June. 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 May 2019

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats May 2019

Cornelius Waterfront Homes

In May 2019 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 6 Cornelius waterfront homes sold in April 2019. May 2019 waterfront sales figures decreased 55.6% from May 2018 when 9 Cornelius waterfront homes sold.

The average sales price decreased 20.1% from $1,686,677 in April 2019 to $1,348,125 in May 2019. The May 2019 average sales price decreased 15.7% from the May 2018 average sales price which was $1,598,544.

Average days on the market decreased from 152 in April 2019 to 13 in May 2019, a 91.4% decrease in market time. The May 2018 average days on the market were 155, a 91.6% decrease in market time from one year ago.

Currently, there are 49 active Cornelius waterfront homes listed in the Cornelius real estate market, down 3.9% from May.  There are 14 Cornelius waterfront homes currently under contract, down 22.2% from May. The average list price of active listings is $1,846,154 up 4% from May. 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 May 2019 5 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 0% increase from the 5 Cornelius waterfront condo sold in April 2019. May 2019 sales figures decreased 37.5% from May 2018 when 8 Cornelius waterfront condos sold.

The average sales price decreased by 4.3% from $302,600 in April 2019 to $289,560 in May 2019. The May 2019 average sales price increased 2.3% from the May 2018 average sales price which was $283,113.

Average days on the market decreased by 12.1% from 99 in April 2019 to 87 in May 2019. The May 2018 average days on the market were 38, a 129% increase in market time from one year ago.

Currently, there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 31% decrease from May. There are 16 Cornelius waterfront condos currently under contract, up 100% from May. The average list price of active listings is $346,130, up 5.9% from last month. The lowest priced active Cornelius waterfront condo is listed at $215,000 and the highest priced Cornelius waterfront condo is listed at $539,700.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale

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Cornelius Waterfront Lots

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

The May 2019 average sales price was $785,000, down NA% from the April 2019 average sales price which was $NA. The May 2019 average sales price decreased NA% from the May 2018 average sales price of $NA.

The average days on the market decreased by NA% from April 2019, from NA to 273 days on the market in May 2019. May 2019 days on the market were down NA% from May 2018 when the average was NA days on the market.

Currently, there are 16 active Cornelius waterfront lots listed in the Cornelius real estate market, up 0% from May.  There are 2 Cornelius waterfront lots currently under contract, up 100% from May. The average list price of active listings is $1,302,244 up 28% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale

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