Cornelius, NC Real Estate Report – HOT!!!

Cornelius, NC       We are in crazy times as we adjust to Covid-19.  We are in crazier times when we realize how hot the Cornelius real estate market is.  We are seeing multiple offers, new pricing highs, record low inventory and homes selling sight unseen.  Check out the charts below to see this illustrated graphically.

COrnMonths

Anything less that 6 months supply indicates a seller’s market.  We are seeing multiple offers.  Sight unseen offers.  All indicate an excellent time to be a seller.

COrnNew

This upper chart indicates a short-term rise in New Listings, the truth is that there are only 60 homes for sale and 25 townhomes and condos for sale in Cornelius today.  This is an historically low inventory.  Another indicator of a seller’s market.  See below.

CornHomes

Cornpending

Homes are selling fast in Cornelius despite the pandemic.  We are seeing buyers from all over the country.

CornPP

Cornelius is seeing steady appreciation.

CornDOM

Days on Market indicates how quickly homes are selling.

Showingtime

We can see in North Carolina showings are back to levels we saw last year following a significant drop in March and April due to Covid-19.

Conclusion:  Now is a great time to sell if you are thinking about listing your home.  We are following strict protocols when showing homes; online viewings, requiring masks, requiring disinfectants, shoes removed.  Call me to discuss listing your home.

Complied by Clark Goff – Allen Tate    704 996-0948  clark.goff@allentate.com  my website

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