Tag Archives: property values
Cornelius Waterfront Real Estate Market Update November 2017
Cornelius Waterfront Real Estate Stats November 2017
Cornelius Waterfront Homes
In November 2017 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 100% increase from the 3 Cornelius waterfront homes sold in October 2017. November 2017 waterfront sales figures increased 50% from November 2016 when 4 Cornelius waterfront homes sold.
The average sales price increased 10.9% from $1,496,667 in October to $1,659,167 in November. The November 2017 average sales price decreased 1.5% from the November 2016 average sales price which was $1,684,375.
Average days on the market decreased from 70 in October to 114 in November, a 62.9% increase in market time. The November 2016 average days on the market were 228, a 50% decrease in market time.
Currently there are 50 active Cornelius waterfront homes listed in the Cornelius real estate market, down 20.6% from November, with 10 more under contract, up 11% from November. The average list price is $1,865,086 up 4.8% from November. The current lowest priced Cornelius waterfront home is listed at $520,000 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In November 2017 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 0% increase from the 4 Cornelius waterfront condos sold in October 2017. November 2017 sales figures decreased 20% from November 2016 when 5 Cornelius waterfront condos sold.
The average sales price increased 44.3% from $257,125 in October to $371,100 in November. The November 2017 average sales price increased 56% from the November 2016 average sales price which was $237,900.
Average days on the market increased 46.2% from 26 in October to 38 in November. The November 2016 average days on the market were 54, a 29.6% decrease in market time from one year ago.
Currently there are 6 active Cornelius waterfront condos listed in the Cornelius real estate market, a 250% increase from November, with 1 more under contract, down 75% from November. The average list price is $420,382, down 1% from last month. The lowest priced active Cornelius waterfront condo is listed at $305,000 and the highest priced Cornelius waterfront condo is listed at $550,000.
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Cornelius Waterfront Lots
In November 2017 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in October 2017. November 2017 sales figuresdecreased 80% from November 2016 when 5 Cornelius waterfront lots sold.
The November average sales price was $859,000, down 11.9% from the October average sales price which was $975,000. The average sales price increased 19.1% from the November 2016 average sales price of $721,000.
The average days on the market increased 8875% from October, from 8 to 718 days on the market in November. Days on the market were up 457% from November 2016 when the average was 129 days on the market.
Currently there are 14 active Cornelius waterfront lots listed in the Cornelius real estate market, down 26.3% from November, with 2 others under contract. The average list price is $1,059,017 up 10.7% 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 November 2017
Cornelius Real Estate Market Stats for November 2017
Cornelius Homes
In November 2017 38 homes sold in the Cornelius area, a 5% decrease from the 40 Cornelius homes sold in October 2017. November 2017 sales figures increased 2.7% from November 2016 when 37 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased 27.3% from $454,991 in October to $579,352 in November. The November 2017 average sales price increased 12.5% from the November 2016 average sales price which was $515,128.
Average days on the market increased 21% from 38 days in October to 46 days on the market in November. The November 2016 average days on the market were 77, a 40.3% decrease in market time from one year ago.
Currently there are 138 active homes for sale in the Cornelius real estate market, down 15.9% from November. The average list price is $1,015,6363 up 2.1% from the November average list price of $994,384. 60 Cornelius homes are currently under contract, down 16.7% from November. Based on these statistics, 3.6 months of inventory, we are currently in a sellers market in Cornelius.
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Cornelius Condos & Townhomes
In November 2017 29 condos/townhomes sold in the Cornelius real estate market, a 52.6% increase from the 19 Cornelius condos or townhomes sold in October 2017. November 2017 sales figures increased 31.8% from November 2016 when 22 Cornelius condos sold.
The average sales price decreased 1.7% from $214,513 in October 2017 to $210,862 in November 2017. The November 2017 average sales price increased 9.6% from the November 2016 average sales price which was $192,381.
Average days on the market increased 43.8% from 16 in October to 23 in November. November 2016 average days on the market were 37, a decrease of 37.8% market time from one year ago.
Currently there are 12 active condo/townhomes for sale in the Cornelius real estate market, a 9.1% increase from the 11 Cornelius condos for sale in November. The average list price is $327,091, down .3% from November’s average list price of $328,155. 12 Cornelius condos/townhomes are currently under contract, a 63.6% decrease from November. Based on these figures, .4 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In November 2017 1 lots sold in the Cornelius area, a 0% decrease from the 1 Cornelius lots sold in October 2017. November 2017 sales figures decreased 83.3% from November 2016 when 6 Cornelius lots sold.
The average sales price decreased 11.9% from $975,000 in October to $859,000 in November. The November 2017 average sales price increased 36.2% from the November 2016 average sales price which was $630,833.
Average days on the market increased 8875% from 8 in October to 718 in November. The November 2016 average days on the market were 111, a 547% increase in market time versus the same time period last year.
Currently there are 25 active lot listings in the Cornelius real estate market, a decrease of 13.8% from November. The average list price is $863,838, up 5.3% from November’s average list price of $820,484. 5 Cornelius lots are currently under contract, a 0% increase from November. Based on these numbers, 25 months of inventory, we are in a buyers market for Cornelius lots for sale.
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