Tag Archives: property values
Cornelius Waterfront Real Estate Update August 2019
Cornelius Waterfront Real Estate Stats August 2019
Cornelius Waterfront Homes
In August 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 9 Cornelius waterfront homes sold in July 2019. August 2019 waterfront sales figures decreased 45.5% from August 2018 when 11 Cornelius waterfront homes sold.
The average sales price decreased 12.1% from $1,438,833 in July 2019 to $1,264,367 in August 2019. The August 2019 average sales price increased .5% from the August 2018 average sales price which was $1,258,591.
Average days on the market increased from 40 in July 2019 to 129 in August 2019, a 223% increase in market time. The August 2018 average days on the market were 189, a 31.7% decrease in market time from one year ago.
Currently, there are 45 active Cornelius waterfront homes listed in the Cornelius real estate market, down 2.2% from August. There are 15 Cornelius waterfront homes currently under contract, up 88% from August. The average list price of active listings is $1,687,371 down 5.4% from August. The current lowest-priced Cornelius waterfront home is listed at $539,000 and the current highest priced active Cornelius waterfront home is listed at $3,799,000.
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Cornelius Waterfront Condos & Townhomes
In August 2019 12 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 7.7% decrease from the 13 Cornelius waterfront condo sold in July 2019. August 2019 sales figures increased 50% from August 2018 when 8 Cornelius waterfront condos sold.
The average sales price increased by 15.4% from $276,792 in July 2019 to $319,333 in August 2019. The August 2019 average sales price increased 5.1% from the August 2018 average sales price which was $303,750.
Average days on the market decreased by 1.5% from 66 in July 2019 to 65 in August 2019. The August 2018 average days on the market were 27, a 141% increase in market time from one year ago.
Currently, there are 20 active Cornelius waterfront condos listed in the Cornelius real estate market, a 0% decrease from August. There are 8 Cornelius waterfront condos currently under contract, down 33% from August. The average list price of active listings is $328,845, up 2.5% from last month. The lowest-priced active Cornelius waterfront condo is listed at $189,000 and the highest priced Cornelius waterfront condo is listed at $675,000.
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Cornelius Waterfront Lots
In August 2019 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% increase from the 1 Cornelius waterfront lots sold in July 2019. August 2019 sales figures increased 100% from August 2018 when 0 Cornelius waterfront lots sold.
The August 2019 average sales price was $1,450,000, up 100% from the July 2019 average sales price which was $725,000. The August 2019 average sales price decreased NA% from the August 2018 average sales price of $NA.
The average days on the market decreased by 99% from July 2019, from 135 to 2 days on the market in August 2019. August 2019 days on the market were down NA% from August 2018 when the average was NA days on the market.
Currently, there are 18 active Cornelius waterfront lots listed in the Cornelius real estate market, up 20% from August. There are 3 Cornelius waterfront lots currently under contract, up 50% from August. The average list price of active listings is $1,270,828 down 1.8% from last month. The lowest-priced Cornelius waterfront lot is listed at $250,000 and the highest priced Cornelius waterfront lot is listed at $4,900,000.
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Cornelius Real Estate Market Update August 2019
Cornelius Real Estate Market Stats for August 2019
Cornelius Homes
In August 2019 50 homes sold in the Cornelius real estate market, a 13.8% decrease from the 58 Cornelius homes sold in July 2019. August 2019 sales figures decreased 31.5% from August 2018 when 73 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased by 3.5% from $548,789 in July to $567,960 in August. August 2019 average sales price increased 6.3% from the August 2018 average sales price which was $534,474.
Average days on the market increased by 50% from 44 days in July to 66 days on the market in August. The August 2018 average days on the market were 80, an 17.5% decrease in market time from one year ago.
Currently, there are 130 active homes for sale in the Cornelius real estate market, down 9.1% from August. The average list price of active listings is $933,702 up 1.4% from the August average list price of $921,181. There are 93 Cornelius homes currently under contract, up 52.5% from August. Based on these statistics, 2.6 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In August 2019 41 condos/townhomes sold in the Cornelius real estate market, a 24.2% increase from the 33 Cornelius condos or townhomes sold in July 2019. August 2019 sales figures increased 51.9% from August 2018 when 27 Cornelius condos sold.
The average sales price increased by 11.5% from $237,320 in July to $264,611 in August. The August 2019 average sales price increased 15.7% from the August 2018 average sales price which was $228,643.
Average days on the market increased by 18% from 39 in July to 46 in August. The August 2018 average days on the market were 23, an increase of 100% market time from one year ago.
Currently, there are 66 active condo/townhomes for sale in the Cornelius real estate market, a 12% increase from the 59 Cornelius condos for sale in August. The average list price is $362,554, down 3% from August’s average list price of $373,886. 41 Cornelius condos/townhomes are currently under contract, a 2.4% decrease from August. Based on these figures, 1.6 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In August 2019 4 lots sold in the Cornelius area, a 300% increase from the 1 Cornelius lots sold in July 2019. August 2019 sales figures increased 0% from August 2018 when 4 Cornelius lots sold.
The average sales price increased by 34.7% from $725,000 in July to $976,750 in August. The August 2019 average sales price increased 703% from the August 2018 average sales price which was $121,563.
Average days on the market decreased by 39.3% from 135 in July 2019 to 82 in August 2019. The August 2018 average days on the market were 97, a 15.5% decrease in market time versus the same time period last year.
Currently, there are 28 active lot listings in the Cornelius real estate market, an increase of 27.3% from August. The average list price is $987,300, down 1% from August’s average list price of $997,932. There are 11 Cornelius lots currently under contract, a 22% increase from August. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots and land.
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