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Cornelius Waterfront Real Estate Update September 2018

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats September 2018

Cornelius Waterfront Homes

In September 2018 10 Cornelius waterfront homes sold in the Cornelius real estate market, a 9.1% decrease from the 11 Cornelius waterfront homes sold in August. September 2018 waterfront sales figures increased 42.9% from September 2017 when 7 Cornelius waterfront homes sold.

The average sales price decreased 1% from $1,258,591 in August to $1,245,700 in September. The September 2018 average sales price increased 10.7% from the September 2017 average sales price which was $1,125,658.

Average days on the market decreased from 189 in August to 57 in September, a 69.8% decrease in market time. The September 2017 average days on the market were 209, a 72.7% decrease in market time from one year ago.

Currently there are 48 active Cornelius waterfront homes listed in the Cornelius real estate market, down 11% from September.  There are 15 Cornelius waterfront homes currently under contract, up 66.7% from September. The average list price of active listings is $1,785,031 up 4.2% from September. The current lowest priced Cornelius waterfront home is listed at $489,900 and the current highest priced active Cornelius waterfront home is listed at $4,250,000.

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Cornelius Waterfront Condos & Townhomes

In September 5 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 37.5% decrease from the 8 Cornelius waterfront condos sold in August. September 2018 sales figures increased 150% from September 2017 when 2 Cornelius waterfront condos sold.

The average sales price increased 25.9% from $303,750 in August to $382,300 in September. The September 2018 average sales price increased 43.5% from the September 2017 average sales price which was $266,500.

Average days on the market increased 37% from 27 in August to 37 in September. The September 2017 average days on the market were 88, a 58% decrease in market time from one year ago.

Currently there are 18 active Cornelius waterfront condos listed in the Cornelius real estate market, a 10% decrease from September. There are 7 Cornelius waterfront lots are currently under contract, down 0% from September. The average list price of active listings is $316,014, down 1.3% from last month. The lowest priced active Cornelius waterfront condo is listed at $209,900 and the highest priced Cornelius waterfront condo is listed at $515,000.

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Cornelius Waterfront Lots

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

The September average sales price was $NA, up NA% from the August average sales price which was $NA. The September 2018 average sales price decreased NA% from the September 2017 average sales price of $344,000.

The average days on the market increased NA% from August, from NA to NA days on the market in September. September 2018 days on the market were down NA% from September 2017 when the average was 75 days on the market.

Currently there are 17 active Cornelius waterfront lots listed in the Cornelius real estate market, down 5.6% from September.  There is 1 Cornelius waterfront lot currently under contract. The average list price of active listings is $1,042,694 down 7.7% 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 September 2018

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for September 2018

Cornelius Homes
In September 2018 43 homes sold in the Cornelius real estate market, a 41% decrease from the 73 Cornelius homes sold in August 2018. September 2018 sales figures decreased 23.2% from September 2017 when 56 homes sold in the Cornelius real estate market.

The average sales price in Cornelius increased 22.5% from $534,474 in August to $654,979 in September. September 2018 average sales price increased 40% from the September 2017 average sales price which was $467,840.

Average days on the market decreased 32.5% from 80 days in August to 54 days on the market in September. The September 2017 average days on the market were also 85, a 36.5% decrease in market time from one year ago.

Currently there are 157 active homes for sale in the Cornelius real estate market, down 6.5% from September. The average list price of active listings is $896,181 up .7% from the September average list price of $890,067. There are 65 Cornelius homes currently under contract, up 22.6% from September. Based on these statistics, 3.7 months of inventory, we are currently in a sellers real estate market in Cornelius.

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Cornelius Condos & Townhomes
In September 2018 19 condos/townhomes sold in the Cornelius real estate market, a 29.6% decrease from the 27 Cornelius condos or townhomes sold in August. September 2018 sales figures decreased 32.1% from September 2017 when 28 Cornelius condos sold.

The average sales price increased 13.4% from $228,643 in August to $259,184 in September. The September 2018 average sales price increased 28.8% from the September 2017 average sales price which was $201,307.

Average days on the market increased 21.7% from 23 in August to 28 in September. The September 2017 average days on the market were 19, an increase of 47.4% market time from one year ago.

Currently there are 41 active condo/townhomes for sale in the Cornelius real estate market, a 6.8% decrease from the 44 Cornelius condos for sale in September. The average list price is $406,564, up 4.7% from Septembert’s average list price of $388,460. 33 Cornelius condos/townhomes are currently under contract, a 5.7% decrease from September. Based on these figures, 2.2 months of inventory, we are currently in a sellers market for Cornelius condos.

Cornelius Lots
In September 0 lots sold in the Cornelius area, a 100% increase from the 4 Cornelius lots sold in August. September 2018 sales figures decreased 100% from September 2017 when 2 Cornelius lots sold.

The average sales price decreased NA% from $121,563 in August to $NA in September. The September 2018 average sales price decreased NA% from the September 2017 average sales price which was $284,500.

Average days on the market decreased NA% from 97 in August to NA in September. The September 2017 average days on the market were 38, an NA% decrease in market time versus the same time period last year.

Currently there are 28 active lot listings in the Cornelius real estate market, a decrease of 6.7% from September. The average list price is $742,284, down 3.2% from September’s average list price of $767,028. There are 7 Cornelius lots currently under contract, a 12.5% decrease from September. Based on these numbers, very limited inventory, we are in a sellers market for Cornelius lots for sale.

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