Tag Archives: property values

Cornelius Waterfront Real Estate Update March 2019

Cornelius Waterfront Real Estate Update

Cornelius Waterfront Real Estate Stats March 2019

Cornelius Waterfront Homes

In March 2019 6 Cornelius waterfront homes sold in the Cornelius real estate market, a 50% increase from the 4 Cornelius waterfront homes sold in February 2019. March 2019 waterfront sales figures decreased 0% from March 2018 when 6 Cornelius waterfront homes sold.

The average sales price decreased 57.5% from $2,037,500 in February 2019 to $866,167 in March 2019. The March 2019 average sales price decreased 44.7% from the March 2018 average sales price which was $1,566,167.

Average days on the market increased from 114 in February 2019 to 130 in March 2019, a 14% increase in market time. The March 2018 average days on the market were 86, a 51.2% increase in market time from one year ago.

Currently, there are 51 active Cornelius waterfront homes listed in the Cornelius real estate market, up 19% from March.  There are 8 Cornelius waterfront homes currently under contract, up 33% from March. The average list price of active listings is $1,733,855 down 12% from March. The current lowest priced Cornelius waterfront home is listed at $479,900 and the current highest priced active Cornelius waterfront home is listed at $4,500,000.

Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale

Stay up to date on the Cornelius real estate market with our free market updates: Free Cornelius Real Estate Market Updates

Cornelius Waterfront Condos & Townhomes

In March 2019 5 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 150% increase from the 2 Cornelius waterfront condo sold in February 2019. March 2019 sales figures decreased 0% from March 2018 when 5 Cornelius waterfront condos sold.

The average sales price decreased by 9.9% from $307,000 in February 2019 to $276,500 in March 2019. The March 2019 average sales price decreased 22% from the March 2018 average sales price which was $354,260.

Average days on the market decreased by 42% from 136 in February 2019 to 79 in March 2019. The March 2018 average days on the market were 24, a 229% increase in market time from one year ago.

Currently, there are 26 active Cornelius waterfront condos listed in the Cornelius real estate market, a 13% increase from March. There are 7 Cornelius waterfront condo currently under contract, up 17% from March. The average list price of active listings is $317,000, up 7.4% from last month. The lowest priced active Cornelius waterfront condo is listed at $192,000 and the highest priced Cornelius waterfront condo is listed at $515,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale

Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates

Cornelius Waterfront Lots

In March 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 0% decrease from the 1 Cornelius waterfront lots sold in February 2019. March 2019 sales figures increased 100% from March 2018 when 0 Cornelius waterfront lots sold.

The March 2019 average sales price was $592,000, down 57% from the February 2019 average sales price which was $1,375,000. The March 2019 average sales price decreased NA% from the March 2018 average sales price of $NA.

The average days on the market decreased 96% from February 2019, from 169 to 6 days on the market in March 2019. March 2019 days on the market were down NA% from March 2018 when the average was NA days on the market.

Currently, there are 15 active Cornelius waterfront lots listed in the Cornelius real estate market, up 15.4% from March.  There is 1 Cornelius waterfront lot currently under contract, down 67% from March. The average list price of active listings is $1,016,860 up 8% from last month. The lowest priced Cornelius waterfront lot is listed at $275,000 and the highest priced Cornelius waterfront lot is listed at $1,500,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale

Stay up to date on the Cornelius real estate market with our free market snapshot reports: Free Cornelius Real Estate Market Updates

Cornelius Real Estate Market Update March 2019

Cornelius Real Estate Market Report

Cornelius Real Estate Market Stats for March 2019

Cornelius Homes
In March 2019 43 homes sold in the Cornelius real estate market, a 105% increase from the 21 Cornelius homes sold in February 2019. March 2019 sales figures increased 13.2% from March 2018 when 38 homes sold in the Cornelius real estate market.

The average sales price in Cornelius decreased by 35.8% from $727,057 in February to $467,100 in March. March 2019 average sales price decreased 11.6% from the March 2018 average sales price which was $528,292.

Average days on the market decreased by 10.4% from 77 days in February to 69 days on the market in March. The March 2018 average days on the market were 61, a 13.1% increase in market time from one year ago.

Currently, there are 157 active homes for sale in the Cornelius real estate market, up 3.5% from March. The average list price of active listings is $909,049 down 7.7% from the March average list price of $984,731. There are 90 Cornelius homes currently under contract, up 23.3% from March. Based on these statistics, 1.2 months of inventory, we are currently in a seller’s real estate market in Cornelius.

It is a great time to sell Cornelius real estate! Request a free market analysis or keep updated on the Cornelius real estate market for free at LakeNormanHomePrices.com

Cornelius Condos & Townhomes
In March 2019 27 condos/townhomes sold in the Cornelius real estate market, a 125% increase from the 12 Cornelius condos or townhomes sold in February 2019. March 2019 sales figures increased 17.4% from March 2018 when 23 Cornelius condos sold.

The average sales price decreased by 11% from $236,675 in February to $210,649 in March. The March 2019 average sales price decreased 9% from the March 2018 average sales price which was $231,402.

Average days on the market decreased by 41% from 68 in February to 40 in March. The March 2018 average days on the market were 20, an increase of 100% market time from one year ago.

Currently, there are 63 active condo/townhomes for sale in the Cornelius real estate market, a 16.7% increase from the 54 Cornelius condos for sale in March. The average list price is $336,069, up .4% from March’s average list price of $334,709. 39 Cornelius condos/townhomes are currently under contract, an 8.3% increase from March. Based on these figures, 1 month of inventory, we are currently in a seller’s market for Cornelius condos.

Cornelius Lots
In March 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in February 2019. March 2019 sales figures increased 0% from March 2018 when 2 Cornelius lots sold.

The average sales price decreased by 51% from $712,500 in February to $348,500 in March. The March 2019 average sales price increased 116% from the March 2018 average sales price which was $161,000.

Average days on the market decreased by 58% from 180 in February 2019 to 76 in March 2019. The March 2018 average days on the market were 4, an 1800% increase in market time versus the same time period last year.

Currently, there are 22 active lot listings in the Cornelius real estate market, an increase of 38% from March. The average list price is $837,809, down 3.7% from March’s average list price of $870,425. There are 9 Cornelius lots currently under contract, a 10% decrease from March. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots for sale.

Search Cornelius homes for sale
Cornelius waterfront homes for sale
Search Cornelius condos for sale
Cornelius waterfront condos for sale

Would you like to stay up to date on the Cornelius real estate market: Free Cornelius Real Estate Market Updates