Tag Archives: property values
Cornelius Waterfront Real Estate Market Update December 2017
Cornelius Waterfront Real Estate Stats December 2017
Cornelius Waterfront Homes
In December 2017 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 33% decrease from the 6 Cornelius waterfront homes sold in November 2017. December 2017 waterfront sales figures decreased 50% from December 2016 when 8 Cornelius waterfront homes sold.
The average sales price decreased 10.5% from $1,659,167 in November to $1,485,687 in December. The December 2017 average sales price increased 6.2% from the December 2016 average sales price which was $1,398,625.
Average days on the market decreased from 114 in November to 188 in December, a 65% increase in market time. The December 2016 average days on the market were 224, a 16.1% decrease in market time.
Currently there are 53 active Cornelius waterfront homes listed in the Cornelius real estate market, up 6% from December, with 10 more under contract, up 0% from December. The average list price is $1,851,285 down .7% from December. The current lowest priced Cornelius waterfront home is listed at $480,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In December 2017 3 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 25% decrease from the 4 Cornelius waterfront condos sold in November 2017. December 2017 sales figures decreased 25% from December 2016 when 4 Cornelius waterfront condos sold.
The average sales price decreased 39.3% from $371,100 in November to $225,167 in December. The December 2017 average sales price decreased 4% from the December 2016 average sales price which was $234,500.
Average days on the market increased 39.5% from 38 in November to 53 in December. The December 2016 average days on the market were 33, a 60.6% increase in market time from one year ago.
Currently there are 7 active Cornelius waterfront condos listed in the Cornelius real estate market, a 16.7% increase from December, with 4 more under contract, up 300% from December. The average list price is $397,170, down 5.5% from last month. The lowest priced active Cornelius waterfront condo is listed at $209,000 and the highest priced Cornelius waterfront condo is listed at $550,000.
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Cornelius Waterfront Lots
In December 2017 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in November 2017. December 2017 sales figures decreased 50% from December 2016 when 2 Cornelius waterfront lots sold.
The December average sales price was $820,000, down 4.5% from the November average sales price which was $859,000. The average sales price decreased 36.9% from the December 2016 average sales price of $1,300,000.
The average days on the market decreased 88.9% from November, from 718 to 80 days on the market in December. Days on the market were up 23.1% from December 2016 when the average was 65 days on the market.
Currently there are 12 active Cornelius waterfront lots listed in the Cornelius real estate market, down 14.3% from December, with 1 other under contract. The average list price is $1,079,542 up 1.9% 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 December 2017
Cornelius Real Estate Market Stats for December 2017
Cornelius Homes
In December 2017 44 homes sold in the Cornelius area, a 12.8% increase from the 39 Cornelius homes sold in November 2017. December 2017 sales figures decreased 21.4% from December 2016 when 56 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 9.7% from $571,035 in November to $515,748 in December. The December 2017 average sales price increased 6.9% from the December 2016 average sales price which was $482,544.
Average days on the market increased 64.4% from 45 days in November to 74 days on the market in December. The December 2016 average days on the market were 74, a 0% decrease in market time from one year ago.
Currently there are 127 active homes for sale in the Cornelius real estate market, down 8% from December. The average list price is $1,098,912 up 8.2% from the December average list price of $1,015,636. 59 Cornelius homes are currently under contract, down 1.7% from December. Based on these statistics, 2.9 months of inventory, we are currently in a sellers market in Cornelius.
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Cornelius Condos & Townhomes
In December 2017 19 condos/townhomes sold in the Cornelius real estate market, a 34% decrease from the 29 Cornelius condos or townhomes sold in November 2017. December 2017 sales figures decreased 17.4% from December 2016 when 23 Cornelius condos sold.
The average sales price increased 7.4% from $210,862 in November 2017 to $226,397 in December 2017. The December 2017 average sales price increased 21.9% from the December 2016 average sales price which was $185,674.
Average days on the market increased 39% from 23 in November to 32 in December. December 2016 average days on the market were 39, a decrease of 17.9% market time from one year ago.
Currently there are 14 active condo/townhomes for sale in the Cornelius real estate market, a 16.7% increase from the 12 Cornelius condos for sale in December. The average list price is $299,749, down 8.4% from December’s average list price of $327,091. 28 Cornelius condos/townhomes are currently under contract, a 133% increase from December. Based on these figures, .7 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In December 2017 1 lots sold in the Cornelius area, a 0% decrease from the 1 Cornelius lots sold in November 2017. December 2017 sales figures decreased 66.7% from December 2016 when 3 Cornelius lots sold.
The average sales price decreased 4.5% from $859,000 in November to $820,000 in December. The December 2017 average sales price decreased 11% from the December 2016 average sales price which was $921,667.
Average days on the market decreased 88.9% from 718 in November to 80 in December. The December 2016 average days on the market were 235, a 66% decrease in market time versus the same time period last year.
Currently there are 24 active lot listings in the Cornelius real estate market, a decrease of 4% from December. The average list price is $888,686, up 2.9% from December’s average list price of $863,838. 3 Cornelius lots are currently under contract, a 40% decrease from December. Based on these numbers, 24 months of inventory, we are in a buyers market for Cornelius lots for sale.
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