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The Lockwood Report: Daily Cornelius Housing Market Update for Jul 10th, 2020As of Friday, Jul 10th, 2020, in Cornelius there are a total of 51 active residential homes for sale, 49 pending listings and 12 properties sold in the most recent 30 day period. The average list price for all active residential listings in Cornelius is $499,982, while the average asking price for properties new on market in the last 30 days is $438,086. Residential homes for sale in Cornelius sold higher than asking price for this month, at an average selling price of $446,920 while new-to-market listings had lower asking prices averaging $438,086.
New listings in Cornelius are outpacing sold properties. For the most recent 30 day period, 12 properties sold and 26 came on the market. In summary, new listings outpaced sales by 14. As a point of reference, in the month prior, there were 14 sold Cornelius residential listings while 22 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 49) 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.