Tag Archives: property values
Cornelius Waterfront Real Estate Market Update May 2018
Cornelius Waterfront Real Estate Stats May 2018
Cornelius Waterfront Homes
In May 2018 9 Cornelius waterfront homes sold in the Cornelius real estate market, a 25% decrease from the 12 Cornelius waterfront homes sold in April. May 2018 waterfront sales figures increased 12.5% from May 2017 when 8 Cornelius waterfront homes sold.
The average sales price decreased 2.7% from $1,642,888 in April to $1,598,544 in May. The May 2018 average sales price increased 11% from the May 2017 average sales price which was $1,435,813.
Average days on the market increased from 96 in April to 155 in May, a 61.5% increase in market time. The May 2017 average days on the market were 106, a 46% increase in market time from one year ago.
Currently there are 60 active Cornelius waterfront homes listed in the Cornelius real estate market, up 3.4% from May, with 17 more under contract, down 29% from May. The average list price is $1,555,476 down 6% from May. The current lowest priced Cornelius waterfront home is listed at $419,000 and the current highest priced active Cornelius waterfront home is listed at $4,275,000.
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Cornelius Waterfront Condos & Townhomes
In May 8 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 33% increase from the 6 Cornelius waterfront condo sold in April. May 2018 sales figures increased 0% from May 2017 when 8 Cornelius waterfront condos sold.
The average sales price decreased 26% from $382,917 in April to $283,113 in May. The May 2018 average sales price increased 8% from the May 2017 average sales price which was $262,063.
Average days on the market increased 0% from 38 in April to 38 in May. The May 2017 average days on the market were 56, a 32% decrease in market time from one year ago.
Currently there are 17 active Cornelius waterfront condos listed in the Cornelius real estate market, a 31% increase from May, with 11 more under contract, up 22% from May. The average list price is $319,219, down 9.2% from last month. The lowest priced active Cornelius waterfront condo is listed at $189,900 and the highest priced Cornelius waterfront condo is listed at $444,850.
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Cornelius Waterfront Lots
In May 0 Cornelius waterfront lot sold in the Cornelius real estate market, a 100% decrease from the 1 Cornelius waterfront lots sold in April. May 2018 sales figures decreased 0% from May 2017 when 0 Cornelius waterfront lots sold.
The May average sales price was $NA, up NA% from the April average sales price which was $795,000. The May 2018 average sales price decreased NA% from the May 2017 average sales price of $NA.
The average days on the market increased NA% from April, from 7 to NA days on the market in May. May 2018 days on the market were down NA% from May 2017 when the average was NA days on the market.
Currently there are 22 active Cornelius waterfront lots listed in the Cornelius real estate market, up 16% from May, with 1 lots under contract. The average list price is $1,126,418 down 1.9% from last month. The lowest priced Cornelius waterfront lot is listed at $354,900 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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Cornelius Real Estate Market Update May 2018
Cornelius Real Estate Market Stats for May 2018
Cornelius Homes
In May 2018 55 homes sold in the Cornelius area, a 1.8% decrease from the 56 Cornelius homes sold in April 2018. May 2018 sales figures increased 3.8% from May 2017 when 53 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 3.8% from $615,888 in April to $592,398 in May. May 2018 average sales price decreased 2.4% from the May 2017 average sales price which was $606,700.
Average days on the market increased 51% from 45 days in April to 68 days on the market in May. The May 2017 average days on the market were 77, an 11.7% decrease in market time from one year ago.
Currently there are 173 active homes for sale in the Cornelius real estate market, up 16% from May. The average list price is $964,692 down .3% from the May average list price of $967,694. 103 Cornelius homes are currently under contract, down 2.8% from May. Based on these statistics, 3.1 months of inventory, we are currently in a sellers real estate market in Cornelius.
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Cornelius Condos & Townhomes
In May 2018 31 condos/townhomes sold in the Cornelius real estate market, a 19% increase from the 26 Cornelius condos or townhomes sold in April. May 2018 sales figures decreased 18% from May 2017 when 38 Cornelius condos sold.
The average sales price decreased 12% from $241,110 in April to $212,437 in May. The May 2018 average sales price increased 7.9% from the May 2017 average sales price which was $196,947.
Average days on the market increased 25% from 16 in March to 20 in April. April 2017 average days on the market were 31, a decrease of 35.5% market time from one year ago.
Currently there are 39 active condo/townhomes for sale in the Cornelius real estate market, a 15% decrease from the 46 Cornelius condos for sale in May . The average list price is $402,975, up 9.7% from May’s average list price of $367,476. 53 Cornelius condos/townhomes are currently under contract, a 51% increase from May. Based on these figures, 1.3 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In May 1 lots sold in the Cornelius area, a 0% decrease from the 1 Cornelius lots sold in April. May 2018 sales figures increased 100% from May 2017 when 0 Cornelius lots sold.
The average sales price decreased 86.2% from $795,000 in March to $110,000 in April. The April 2018 average sales price increased NA% from the April 2017 average sales price which was $NA.
Average days on the market increased 57% from 7 in April to 11 in May. The May 2017 average days on the market were NA, a NA% decrease in market time versus the same time period last year.
Currently there are 36 active lot listings in the Cornelius real estate market, an increase of 6% from May. The average list price is $815,199, up 4.4% from May’s average list price of $780,772. 9 Cornelius lots are currently under contract, a 29% increase from May. Based on these numbers, 36 months of inventory, we are in a buyers market for Cornelius lots for sale.
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