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Cornelius Waterfront Real Estate Update October 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats October 2018

Cornelius Waterfront Homes

In October 2018 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 60% decrease from the 10 Cornelius waterfront homes sold in September. October 2018 waterfront sales figures increased 100% from October 2017 when 2 Cornelius waterfront homes sold.

The average sales price decreased 1.7% from $1,245,700 in September to $1,224,375 in October. The October 2018 average sales price decreased 30% from the October 2017 average sales price which was $1,750,000.

Average days on the market decreased from 57 in September to 92 in October, a 38% increase in market time. The October 2017 average days on the market were 79, a 16.5% increase in market time from one year ago.

Currently there are 47 active Cornelius waterfront homes listed in the Cornelius real estate market, down 2% from October.  There are 12 Cornelius waterfront homes currently under contract, down 20% from October. The average list price of active listings is $1,808,4171 up 1.3% from October. The current lowest priced Cornelius waterfront home is listed at $494,900 and the current highest priced active Cornelius waterfront home is listed at $4,250,000.

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Cornelius Waterfront Condos & Townhomes

In October 6 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 20% increase from the 5 Cornelius waterfront condos sold in September. October 2018 sales figures increased 50% from October 2017 when 4 Cornelius waterfront condos sold.

The average sales price decreased 17.4% from $382,300 in September to $315,833 in October. The October 2018 average sales price increased 22.8% from the October 2017 average sales price which was $257,125.

Average days on the market increased 51.4% from 37 in September to 56 in October. The October 2017 average days on the market were 26, a 115% increase in market time from one year ago.

Currently there are 18 active Cornelius waterfront condos listed in the Cornelius real estate market, a 0% decrease from October. There are 9 Cornelius waterfront lots are currently under contract, up 28.6% from October. The average list price of active listings is $292,289, down 7.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $179,900 and the highest priced Cornelius waterfront condo is listed at $499,900.

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Cornelius Waterfront Lots

In October 0 Cornelius waterfront lots sold in the Cornelius real estate  market, a 0% decrease from the 0 Cornelius waterfront lots sold in September. October 2018 sales figures decreased 100% from October 2017 when 1 Cornelius waterfront lots sold.

The October average sales price was $NA, up NA% from the September average sales price which was $NA. The October 2018 average sales price decreased NA% from the October 2017 average sales price of $975,000.

The average days on the market increased NA% from September, from NA to NA days on the market in October. October 2018 days on the market were down NA% from October 2017 when the average was 8 days on the market.

Currently there are 17 active Cornelius waterfront lots listed in the Cornelius real estate market, down 0% from October.  There is 1 Cornelius waterfront lot currently under contract. The average list price of active listings is $1,055,382 up 1.2% from last month. The lowest priced Cornelius waterfront lot is listed at $299,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.

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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Cornelius Real Estate Market Update October 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for October 2018

Cornelius Homes
In October 2018 39 homes sold in the Cornelius real estate market, a 9.3% decrease from the 43 Cornelius homes sold in September 2018. October 2018 sales figures decreased 2.5% from October 2017 when 40 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased 26.8% from $654,979 in September to $479,477 in October. October 2018 average sales price increased 5.4% from the October 2017 average sales price which was $454,991.

Average days on the market decreased 11.1% from 54 days in September to 48 days on the market in October. The October 2017 average days on the market were 38, a 26.3% increase in market time from one year ago.

Currently there are 147 active homes for sale in the Cornelius real estate market, down 6.4% from October. The average list price of active listings is $957,284 up 6.8% from the October average list price of $896,181. There are 64 Cornelius homes currently under contract, down 1.5% from October. Based on these statistics, 3.8 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In October 2018 25 condos/townhomes sold in the Cornelius real estate market, a 31.6% increase from the 19 Cornelius condos or townhomes sold in September. October 2018 sales figures increased 31.6% from October 2017 when 19 Cornelius condos sold.

The average sales price decreased 8.6% from $259,184 in September to $236,965 in October. The October 2018 average sales price increased 10.5% from the October 2017 average sales price which was $214,513.

Average days on the market increased 25% from 28 in September to 35 in October. The October 2017 average days on the market were 16, an increase of 119% market time from one year ago.

Currently there are 43 active condo/townhomes for sale in the Cornelius real estate market, a 4.9% increase from the 41 Cornelius condos for sale in October. The average list price is $372,365, down 8.4% from October’s average list price of $406,564. 35 Cornelius condos/townhomes are currently under contract, a 6.1% increase from October. Based on these figures, 1.7 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In October 1 lots sold in the Cornelius area, a 100% increase from the 0 Cornelius lots sold in September. October 2018 sales figures decreased 0% from October 2017 when 1 Cornelius lots sold.

The average sales price decreased NA% from $NA in September to $185,000 in October. The October 2018 average sales price decreased 81% from the October 2017 average sales price which was $975,000.

Average days on the market decreased NA% from NA in September to 7 in October. The October 2017 average days on the market were 8, an 12.5% decrease in market time versus the same time period last year.

Currently there are 30 active lot listings in the Cornelius real estate market, an inecrease of 7.1% from October. The average list price is $688,695, down 7.2% from October’s average list price of $742,284. There are 7 Cornelius lots currently under contract, a 0% decrease from October. Based on these numbers, very limited Cornelius land inventory, we are in a sellers market for Cornelius lots for sale.

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