Keller Williams Unified - Jill See

Cornelius Housing Trends 2024

Find your Dream Home with a KW agent

First-Time Homebuyer’s Guide (Part One)

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Cornelius Real Estate Trends: My Expert Insights as a Local Realtor

Hello, I’m Jill See, a top-performing real estate broker with Keller Williams Realty. As someone who’s been serving the Lake Norman area for over 18 years, I’m excited to share my insights on the latest trends in the Cornelius housing market for 2024.

Rising Home Values in Cornelius

I’ve seen impressive growth in Cornelius home values over the past year. According to recent data I’ve analyzed, the average home value in our area has reached $523,757, representing a 6.0% increase from the previous year. This growth is a testament to the enduring appeal of our beautiful lakeside community.

Competitive Market Conditions

In my experience, the Cornelius market is somewhat competitive, with many homes receiving multiple offers. I’ve observed that homes in our area typically go pending in around 21 days. This quick turnaround time highlights why it’s crucial to work with an experienced agent like myself who can navigate this fast-paced market effectively.

Diverse Property Options

One of the things I love most about Cornelius is the variety of properties available. From luxurious waterfront homes to cozy starter houses, I’ve helped clients find their perfect match across a wide spectrum. Recent data I’ve compiled shows varying price trends based on the number of bedrooms:

  • 3 Bedroom homes: Increased by 9.3%
  • 4 Bedroom homes: Rose by 4.5%
  • 5+ Bedroom homes: Showed a substantial increase of 12.0%

Inventory and New Listings

I’ve noticed a rise in inventory in the Cornelius real estate market. This gives buyers more options, but in my experience, it’s still important to act quickly when you find the right property. My recent analysis shows a 9.1% increase in homes for sale from June to July 2024.

Negotiation Opportunities

My expertise becomes particularly valuable when it comes to negotiations. I’ve found that about 60.7% of homes in Cornelius sold below asking price last month. This presents opportunities for buyers to get a good deal, but it’s crucial to have an experienced agent like myself guiding you through the process.

Why Choose Me as Your Realtor?

With my extensive experience and deep knowledge of the Lake Norman area, I’m uniquely positioned to help both buyers and sellers in Cornelius. My background as a certified pilot adds an extra dimension to my expertise, particularly when it comes to residential aviation properties in the area. I’m dedicated to providing personalized service to each of my clients. Whether you’re a first-time homebuyer, looking to upgrade, or interested in lakefront property, I’m here to guide you every step of the way.

Conclusion

As the Cornelius real estate market continues to evolve, I’m committed to staying on top of trends and using my knowledge to benefit my clients. My dedication to client satisfaction, coupled with my in-depth understanding of the local market, makes me an invaluable resource for anyone looking to buy or sell in Cornelius. If you’re ready to start your Cornelius real estate journey, I’d love to help. Contact me, Jill See, with Keller Williams Realty. With my expertise, you can truly “See the Difference” in your real estate experience. Let’s work together to find your perfect home in our beautiful Cornelius community!

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