Tag Archives: property values
Cornelius Waterfront Real Estate Market Update October 2017
Cornelius Waterfront Real Estate Stats for October 2017
Cornelius Waterfront Homes
In October 2017 3 Cornelius waterfront homes sold in the Cornelius real estate market, a 57.1% decrease from the 7 Cornelius waterfront homes sold in September 2017. October 2017 waterfront sales figures decreased 57.1% from October 2016 when 7 Cornelius waterfront homes sold.
The average sales price increased 33% from $1,125,658 in September to $1,496,667 in October. The October 2017 average sales price increased 56.6% from the October 2016 average sales price which was $955,929.
Average days on the market decreased from 209 in September to 70 in October, a 66.5% decrease in market time. The October 2016 average days on the market were 95, a 126.3% decrease in market time.
Currently there are 63 active Cornelius waterfront homes listed in the Cornelius real estate market, up 1.6% from October, with 9 more under contract, down 35.7% from October. The average list price is $1,77980,138 up .03% from October. The current lowest priced Cornelius waterfront home is listed at $559,800 and the current highest priced active Cornelius waterfront home is listed at $4,495,000.
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Cornelius Waterfront Condos & Townhomes
In October 2017 4 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, a 100% increase from the 2 Cornelius waterfront condos sold in September 2017. October 2017 sales figures decreased 33% from October 2016 when 6 Cornelius waterfront condos sold.
The average sales price decreased 3.5% from $266,500 in September to $257,125 in October. The October 2017 average sales price decreased 3.4% from the October 2016 average sales price which was $266,167.
Average days on the market decreased 70.5% from 88 in September to 26 in October. The October 2016 average days on the market were 123, a 79% decrease in market time from one year ago.
Currently there are 4 active Cornelius waterfront condos listed in the Cornelius real estate market, a 20% decrease from October, with 4 more under contract, down 42.9% from October. The average list price is $424,700, up 50% from last month. The lowest priced active Cornelius waterfront condo is listed at $200,000 and the highest priced Cornelius waterfront condo is listed at $559,000.
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Cornelius Waterfront Lots
In October 2017 1 Cornelius waterfront lot sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in September 2017. October 2017 sales figures increased 100% from October 2016 when 0 Cornelius waterfront lots sold.
The October average sales price was $975,000, up 183% from the September average sales price which was $344,000. The average sales price increased NA% from the October 2016 average sales price of $NA.
The average days on the market decreased 89% from September, from 75 to 8 days on the market in October. Days on the market were up NA% from October 2016 when the average was NA days on the market.
Currently there are 19 active Cornelius waterfront lots listed in the Cornelius real estate market, up 5.6% from October, with 3 others under contract. The average list price is $956,913 up 1.2% 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 October 2017
Cornelius Real Estate Market Stats for October 2017
Cornelius Homes
In October 2017 40 homes sold in the Cornelius area, a 28.6% decrease from the56 Cornelius homes sold in September 2017. October 2017 sales figures decreased 13% from October 2016 when 46 homes sold in the Cornelius real estate market.
The average sales price in Cornelius decreased 2.7% from $467,840 in September to $454,991 in October. The October 2017 average sales price increased 2.9% from the October 2016 average sales price which was $442,170.
Average days on the market decreased 55.3% from 85 days in September to 38 days on the market in October. The October 2016 average days on the market were 45, a 15.6% decrease in market time from one year ago.
Currently there are 164 active homes for sale in the Cornelius real estate market, up 3.8% from October. The average list price is $994,384 down 3.9% from the October average list price of $1,035,168. 72 Cornelius homes are currently under contract, down 18.2% from October. Based on these statistics, 4.1 months of inventory, we are currently in a sellers market in Cornelius.
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Cornelius Condos & Townhomes
In October 2017 19 condos/townhomes sold in the Cornelius real estate market, a 32.1% decrease from the 28 Cornelius condos or townhomes sold in September 2017. October 2017 sales figures decreased 26.9% from October 2016 when 26 Cornelius condos sold.
The average sales price increased 6.6% from $201,307 in September 2017 to $214,513 in October 2017. The October 2017 average sales price increased 7.3% from the October 2016 average sales price which was $199,916.
Average days on the market decreased 15.8% from 19 in September to 16 in October. October 2016 average days on the market were 56, a decrease of 71.4% market time from one year ago.
Currently there are 11 active condo/townhomes for sale in the Cornelius real estate market, a 50% decrease from the 22 Cornelius condos for sale in October. The average list price is $328,155, up 40% from October’s average list price of $234,200. 33 Cornelius condos/townhomes are currently under contract, a 17.9% increase from October. Based on these figures, .6 months of inventory, we are currently in a sellers market for Cornelius condos.
Cornelius Lots
In October 2017 1 lots sold in the Cornelius area, a 50% decrease from the 2 Cornelius lots sold in September 2017. October 2017 sales figures decreased 67% from October 2016 when 3 Cornelius lots sold.
The average sales price increased 242% from $284,500 in September to $975,000 in October. The October 2017 average sales price increased 977% from the October 2016 average sales price which was $90,500.
Average days on the market decreased 79% from 38 in September to 8 in October. The October 2016 average days on the market were 148, a 94.6% decrease in market time versus the same time period last year.
Currently there are 29 active lot listings in the Cornelius real estate market, an increase of 7.4% from October. The average list price is $820,484, down 1.8% from October’s average list price of $835,898. 45 Cornelius lots are currently under contract, a 25% increase from October. Based on these numbers, 29 months of inventory, we are in a buyers market for Cornelius lots for sale.
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