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The Lockwood Report: Daily Cornelius Housing Market Update for Sep 30th, 2020As of Wednesday, Sep 30th, 2020, in Cornelius there are a total of 37 active residential homes for sale, 76 pending listings and 19 properties sold in the most recent 30 day period. The average list price for all active residential listings in Cornelius is $501,839, while the average asking price for properties new on market in the last 30 days is $430,563. Residential homes for sale in Cornelius sold higher than asking price for this month, at an average selling price of $442,163 while new-to-market listings had lower asking prices averaging $430,563.
New listings in Cornelius are outpacing sold properties. For the most recent 30 day period, 19 properties sold and 33 came on the market. In summary, new listings outpaced sales by 14. As a point of reference, in the month prior, there were 18 sold Cornelius residential listings while 20 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 76) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Cornelius graph means that no properties sold in the respective price range during the month indicated.