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Cornelius Waterfront Real Estate Update February 2019
Cornelius Waterfront Real Estate Stats February 2019
Cornelius Waterfront Homes
In February 2019 4 Cornelius waterfront homes sold in the Cornelius real estate market, a 20% decrease from the 5 Cornelius waterfront homes sold in January 2019. February 2019 waterfront sales figures decreased 33% from February 2018 when 6 Cornelius waterfront homes sold.
The average sales price increased 115% from $948,000 in January 2019 to $2,037,500 in February 2019. The February 2019 average sales price increased 14.4% from the February 2018 average sales price which was $1,780,417.
Average days on the market increased from 85 in January 2019 to 114 in February 2019, a 34.1% increase in market time. The February 2018 average days on the market were 186, a 38.7% decrease in market time from one year ago.
Currently there are 43 active Cornelius waterfront homes listed in the Cornelius real estate market, up 13.2% from February. There are 6 Cornelius waterfront homes currently under contract, down 33% from February. The average list price of active listings is $1,972,816 up .1% from February. The current lowest priced Cornelius waterfront home is listed at $484,900 and the current highest priced active Cornelius waterfront home is listed at $4,500,000.
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Cornelius Waterfront Condos & Townhomes
In February 2019 2 Cornelius waterfront condos or townhomes sold in the Cornelius real estate market, an 100% increase from the 1 Cornelius waterfront condo sold in January 2019. February 2019 sales figures decreased 50% from February 2018 when 4 Cornelius waterfront condos sold.
The average sales price decreased by 22.9% from $398,000 in January 2019 to $307,000 in February 2019. The February 2019 average sales price increased 70.5% from the February 2018 average sales price which was $233,500.
Average days on the market increased by 3370% from 4 in January 2019 to 136 in February 2019. The February 2018 average days on the market were 17, a 700% increase in market time from one year ago.
Currently there are 23 active Cornelius waterfront condos listed in the Cornelius real estate market, a 21% increase from February. There are 6 Cornelius waterfront condo currently under contract, down 25% from February. The average list price of active listings is $295,143, down .5% from last month. The lowest priced active Cornelius waterfront condo is listed at $194,000 and the highest priced Cornelius waterfront condo is listed at $520,000.
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Cornelius Waterfront Lots
In February 2019 1 Cornelius waterfront lots sold in the Cornelius real estate market, a 50% decrease from the 2 Cornelius waterfront lots sold in January 2019. February 2019 sales figures increased 100% from February 2018 when 0 Cornelius waterfront lots sold.
The February 2019 average sales price was $1,375,000, up 126% from the January 2019 average sales price which was $607,500. The February 2019 average sales price decreased NA% from the February 2018 average sales price of $NA.
The average days on the market increased 504% from January 2019, from 28 to 169 days on the market in February 2019. February 2019 days on the market were down NA% from February 2018 when the average was NA days on the market.
Currently there are 13 active Cornelius waterfront lots listed in the Cornelius real estate market, up 8.3% from February. There are 3 Cornelius waterfront lot currently under February, up 200% from February. The average list price of active listings is $939,377 down 1% 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.
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Cornelius Real Estate Market Update February 2019
Cornelius Real Estate Market Stats for February 2019
Cornelius Homes
In February 2019 21 homes sold in the Cornelius real estate market, a 23.8% decrease from the 26 Cornelius homes sold in January 2019. February 2019 sales figures decreased 30% from February 2018 when 30 homes sold in the Cornelius real estate market.
The average sales price in Cornelius increased by 45.6% from $499,436 in January to $727,057 in February. February 2019 average sales price increased 16.8% from the February 2018 average sales price which was $622,621.
Average days on the market decreased by 24.7% from 96 days in January to 77 days on the market in February. The February 2018 average days on the market were 87, a 11.5% decrease in market time from one year ago.
Currently there are 142 active homes for sale in the Cornelius real estate market, up 7.5% from February. The average list price of active listings is $984,731 up .4% from the February average list price of $980,899. There are 73 Cornelius homes currently under contract, up 21% from February. Based on these statistics, 1.5 months of inventory, we are currently in a seller’s real estate market in Cornelius.
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Cornelius Condos & Townhomes
In February 2019 12 condos/townhomes sold in the Cornelius real estate market, a 20% increase from the 10 Cornelius condos or townhomes sold in January 2019. February 2019 sales figures decreased 45.5% from February 2018 when 22 Cornelius condos sold.
The average sales price decreased by 2% from $241,400 in January to $236,675 in February. The February 2019 average sales price increased 23.4% from the February 2018 average sales price which was $191,857.
Average days on the market increased by 353% from 15 in January to 68 in February. The February 2018 average days on the market were 7, an increase of 871% market time from one year ago.
Currently there are 54 active condo/townhomes for sale in the Cornelius real estate market, a 0% increase from the 54 Cornelius condos for sale in February. The average list price is $334,709, up 1.1% from February’s average list price of $331,203. 36 Cornelius condos/townhomes are currently under contract, a 9% increase from February. Based on these figures, 1.3 months of inventory, we are currently in a seller’s market for Cornelius condos.
Cornelius Lots
In February 2019 2 lots sold in the Cornelius area, a 0% increase from the 2 Cornelius lots sold in January 2019. February 2019 sales figures increased 200% from February 2018 when 0 Cornelius lots sold.
The average sales price increased 17.3% from $607,500 in January to $712,500 in February. The February 2019 average sales price decreased NA% from the February 2018 average sales price which was $NA.
Average days on the market increased 543% from 28 in January 2019 to 180 in February 2019. The February 2018 average days on the market were NA, a NA% decrease in market time versus the same time period last year.
Currently there are 16 active lot listings in the Cornelius real estate market, a decrease of 24% from February. The average list price is $870,425, up 36% from February’s average list price of $640,310. There are 10 Cornelius lots currently under contract, a 43% increase from February. Based on these numbers, very limited Cornelius land inventory, we are in a seller’s market for Cornelius lots for sale.
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