Tag Archives: cornelius real estate
Cornelius Real Estate Market Update May 2019
Cornelius Real Estate Market Stats for May 2019
Cornelius Homes
In May 2019 60 homes sold in the Cornelius real estate market, a 66.7% increase from the 36 Cornelius homes sold in April 2019. May 2019 sales figures increased 5.3% from May 2018 when 57 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased by 14.5% from $597,350 in April to $510,944 in May. May 2019 average sales price decreased 12.4% from the May 2018 average sales price which was $583,489.
Average days on the market decreased by 38.3% from 60 days in April to 37 days on the market in May. The May 2018 average days on the market were 67, a 44.8% decrease in market time from one year ago.
Currently, there are 144 active homes for sale in the Cornelius real estate market, down 5.9% from May. The average list price of active listings is $980,868 up 4.3% from the May average list price of $940,063. There are 99 Cornelius homes currently under contract, down 4.8% from May. Based on these statistics, 2.4 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In May 2019 26 condos/townhomes sold in the Cornelius real estate market, a 30% increase from the 20 Cornelius condos or townhomes sold in April 2019. May 2019 sales figures decreased 16.1% from May 2018 when 31 Cornelius condos sold.
The average sales price increased by 5.7% from $228,827 in April to $241,873 in May. The May 2019 average sales price increased 13.9% from the May 2018 average sales price which was $212,437.
Average days on the market decreased by 10.3% from 39 in April to 35 in May. The May 2018 average days on the market were 20, an increase of 75% market time from one year ago.
Currently, there are 63 active condo/townhomes for sale in the Cornelius real estate market, a 3.3% increase from the 61 Cornelius condos for sale in May. The average list price is $429,420, up 47.3% from May’s average list price of $291,483. 43 Cornelius condos/townhomes are currently under contract, a 16.2% increase from May. Based on these figures, 2.4 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In May 2019 2 lots sold in the Cornelius area, a 100% increase from the 1 Cornelius lots sold in April 2019. May 2019 sales figures increased 100% from May 2018 when 1 Cornelius lots sold.
The average sales price increased by 245% from $160,000 in April to $552,500 in May. The May 2019 average sales price increased 402% from the May 2018 average sales price which was $110,000.
Average days on the market decreased by 48% from 271 in April 2019 to 141 in May 2019. The May 2018 average days on the market were 11, a 1182% increase in market time versus the same time period last year.
Currently, there are 24 active lot listings in the Cornelius real estate market, an increase of 14.3% from May. The average list price is $1,072,071, up 22.6% from May’s average list price of $874,367. There are 9 Cornelius lots currently under contract, a 12.5% increase from May. 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 April 2019
Cornelius Waterfront Real Estate Stats April 2019
Cornelius Waterfront Homes
In April 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 0% increase from the 6 Cornelius waterfront homes sold in March 2019. April 2019 waterfront sales figures decreased 50% from April 2018 when 12 Cornelius waterfront homes sold.
The average sales price increased 95% from $866,167 in March 2019 to $1,686,667 in April 2019. The April 2019 average sales price increased 2.7% from the April 2018 average sales price which was $1,642,888.
Average days on the market increased from 130 in March 2019 to 152 in April 2019, a 17% increase in market time. The April 2018 average days on the market were 96, a 58% increase in market time from one year ago.
Currently, there are 51 active Cornelius waterfront homes listed in the Cornelius real estate market, up 0% from April. There are 18 Cornelius waterfront homes currently under contract, up 125% from April. The average list price of active listings is $1,775,355 up 2.4% from April. The current lowest priced Cornelius waterfront home is listed at $449,900 and the current highest priced active Cornelius waterfront home is listed at $3,995,000.
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Cornelius Waterfront Condos & Townhomes
In April 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 March 2019. April 2019 sales figures decreased 16.7% from April 2018 when 6 Cornelius waterfront condos sold.
The average sales price increased by 9.4% from $276,500 in March 2019 to $302,600 in April 2019. The April 2019 average sales price decreased 21% from the April 2018 average sales price which was $382,917.
Average days on the market increased by 25.3% from 79 in March 2019 to 99 in April 2019. The April 2018 average days on the market were 38, a 161% increase in market time from one year ago.
Currently, there are 29 active Cornelius waterfront condos listed in the Cornelius real estate market, a 12% increase from April. There are 8 Cornelius waterfront condo currently under contract, up 14% from April. The average list price of active listings is $326,769, up 3% from last month. The lowest priced active Cornelius waterfront condo is listed at $192,000 and the highest priced Cornelius waterfront condo is listed at $549,700.
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Cornelius Waterfront Lots
In April 2019 0 Cornelius waterfront lots sold in the Cornelius real estate market, a 100% decrease from the 1 Cornelius waterfront lots sold in March 2019. April 2019 sales figures decreased 100% from April 2018 when 1 Cornelius waterfront lots sold.
The April 2019 average sales price was $NA, down NA% from the March 2019 average sales price which was $592,000. The April 2019 average sales price decreased NA% from the April 2018 average sales price of $795,000.
The average days on the market decreased by NA% from March 2019, from 6 to NA days on the market in April 2019. April 2019 days on the market were down NA% from April 2018 when the average was 7 days on the market.
Currently, there are 16 active Cornelius waterfront lots listed in the Cornelius real estate market, up 6.7% from April. There is 1 Cornelius waterfront lot currently under contract, down 67% from April. The average list price of active listings is $1,016,860 up 8% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.
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