Tag Archives: property values
Cornelius Waterfront Real Estate Market Update February 2018
Cornelius Waterfront Real Estate Stats February 2018
Cornelius Waterfront Homes
In February 2018 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 14.3% decrease from the 7 Cornelius waterfront homes sold in January. February 2018 waterfront sales figures increased 50% from February 2017 when 4 Cornelius waterfront homes sold.
The average sales price increased 97.7% from $900,587 in January to $1,780,417 in February. The February 2018 average sales price increased 145% from the February 2017 average sales price which was $726,000.
Average days on the market increased from 99 in January to 186 in February, an 87.9% increase in market time. The February 2017 average days on the market were 113, a 64.6% increase in market time.
Currently there are 44 active Cornelius waterfront homes listed in the Cornelius real estate market, down 4.3% from February, with 26 more under contract, up 44% from February. The average list price is $1,934,561 down 1.4% from February. The current lowest priced Cornelius waterfront home is listed at $456,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In February 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 300% increase from the 1 Cornelius waterfront condo sold in January. February 2018 sales figures decreased 20% from February 2017 when 5 Cornelius waterfront condos sold.
The average sales price increased 55.7% from $150,000 in January to $233,500 in February. The February 2018 average sales price decreased 29.5% from the February 2017 average sales price which was $331,100.
Average days on the market increased 1600% from 1 in January to 17 in February. The February 2017 average days on the market were 11, a 54.5% increase in market time from one year ago.
Currently there are 13 active Cornelius waterfront condos listed in the Cornelius real estate market, a 30% increase from February, with 6 more under contract, up 0% from February. The average list price is $319,012, down 4.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $205,000 and the highest priced Cornelius waterfront condo is listed at $525,000.
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Cornelius Waterfront Lots
In February 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in January. February 2018 sales figures decreased 67% from February 2017 when 2 Cornelius waterfront lots sold.
The February average sales price was $1,020,000, up 45.7% from the January average sales price which was $700,000. The February 2018 average sales price increased 95.8% from the February 2017 average sales price of $520,917.
The average days on the market increased 104% from January, from 51 to 104 days on the market in February. February 2018 days on the market were down 47.7% from February 2017 when the average was 199 days on the market.
Currently there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, up 33% from February, with 1 lot under contract. The average list price is $1,127,833 up 4.9% from last month. The lowest priced Cornelius waterfront lot is listed at $355,000 and the highest priced Cornelius waterfront lot is listed at $1,650,000.
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Cornelius Real Estate Market Update February 2018
Cornelius Real Estate Market Stats for January 2018
Cornelius Homes
In February 2018 30 homes sold in the Cornelius area, a 14.3% decrease from the 35 Cornelius homes sold in January 2018. February 2018 sales figures increased 36.4% from February 2017 when 22 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased 38.4% from $450,030 in January to $622,621 in February. The February 2018 average sales price increased 52.5% from the February 2017 average sales price which was $408,185.
Average days on the market increased 81.3% from 48 days in January to 87 days on the market in February. The February 2017 average days on the market were 80, an 8.8% increase in market time from one year ago.
Currently there are 149 active homes for sale in the Cornelius real estate market, up 20% from February. The average list price is $968,330 down 12.7% from the February average list price of $1,108,690. 101 Cornelius homes are currently under contract, up 36% from February. Based on these statistics, 5 months of inventory, we are currently in a balanced real estate market in Cornelius.
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Cornelius Condos & Townhomes
In February 2018 22 condos/townhomes sold in the Cornelius real estate market, an 83% increase from the 12 Cornelius condos or townhomes sold in January. February 2018 sales figures increased 4.8% from February 2017 when 21 Cornelius condos sold.
The average sales price decreased 5.4% from $202,742 in January to $191,857 in February. The February 2018 average sales price decreased 14.1% from the February 2017 average sales price which was $223,238.
Average days on the market decreased 56.3% from 16 in January to 7 in February. February 2017 average days on the market were 56, a decrease of 87.5% market time from one year ago.
Currently there are 29 active condo/townhomes for sale in the Cornelius real estate market, a 38.1% increase from the 21 Cornelius condos for sale in February. The average list price is $254,722, down 10.2% from February’s average list price of $283,638. 36 Cornelius condos/townhomes are currently under contract, a 20% increase from February. Based on these figures, 1.3 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In February 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in January. February 2018 sales figures decreased 67% from February 2017 when 3 Cornelius lots sold.
The average sales price increased 28.5% from $793,920 in January to $1,020,000 in February. The February 2018 average sales price increased 95.8% from the February 2017 average sales price which was $520,917.
Average days on the market increased 28.4% from 81 in January to 104 in February. The February 2017 average days on the market were 199, a 47.7% 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 increase of 36.4% from February. The average list price is $844,584, down 1.9% from February’s average list price of $860,839. 4 Cornelius lots are currently under contract, a 20% decrease from February. Based on these numbers, 30 months of inventory, we are in a buyers market for Cornelius lots for sale.
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