Cornelius NC – August Real Estate Market Report

downloaddownload (1)imagesCornelius Closed

August 2019 84

Home sales in Cornelius dipped a bit in August, however sales have remain strong over the past year.

July 92

June 97

August 2018 104

Median Days on Market

Over the last 3 months the median days on market has trended upward and increased. However going back a year to August 2018  Median days on market were very similar to the last few months.

August 26

July 22

June 17

August 20018 23

Monthly Supply

Home Supplies for Cornelius have remained relatively consistent over the past year. This numbers indicate that the real estate market in Cornelius continues to be a sellers market.

August 3.4

July 3.2

June 3.5

August 2018 3.6

Homes For Sale

There are slightly less homes on the market than a  year ago at this time. However homes on the market over the year has stayed relatively consistent over this period.

August 235

July 217

June 242

August 2018 269

Closed Prices

 

Non- Waterfront

Over the past year  average home prices have ranged between 340,000 and 400,000.  Keep in mind that this includes the massive 6 bedroom home with the more common 3 bedroom home.

$395,215 August

$327, 808 July

$354,951 June

$343,918 August 2018

Waterfront/ Waterview

The number of waterfront and waterview homes  closed each month in Cornelius are far fewer than the non waterfront/non waterview homes. Therefor the sample sizes form month to month can are relatively small. This can skew the data a bit from month to month. Over the past year the average home cost of these type of properties ranged from $700,000 to over $900,000.

$727,247 August

$706,622 July

$815,762 August 2018

 

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