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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update April 2017

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Mooresville Real Estate Market Stats for April 2017

Mooresville Homes
In April 2017 135 homes sold in the Mooresville real estate market, a 20.1% decrease from the 169 Mooresville homes sold in March 2017. April 2017 sales figures increased 25% from April 2016 when 108 homes sold in the Mooresville real estate market.

The average sales price decreased 5% from $388,301 in March to $369,832 in April. The April 2017 average sales price increased 1.7% from the April 2016 average sales price which was $363,747.

Average days on the market decreased 13.1% from 84 days in March to 73 days on the market in April. The April 2016 average days on the market were 64, a 14.1% increase in market time from the same period last year.

Currently there are 630 active homes for sale in Mooresville, up 2.1% from April. The average list price is $665,418 up 5.3% from the April average list price of $631,786. 337 Mooresville homes are currently under contract, up 8.4% from April. Based on these numbers, just over 4.6 months of inventory, we are currently in a sellers market in the Mooresville area.

It is a great time to sell your home in Mooresville! Request a free market analysis or keep updated on the Mooresville real estate market on our website: MooresvilleHomePrices.com

Stay up to date on the Mooresville real estate market with our free Mooresville real estate market watch: Mooresville Real Estate Market Report

Mooresville Condos & Townhomes
In April 2017 12 condos/townhomes sold in the Mooresville real estate market, a 7.7% decrease from the 13 Mooresville condos and townhomes sold in March. April 2017 sales figures decreased 50% from April 2016 when 24 Mooresville condos sold.

The average sales price decreased 23.8% from $225,328 in March to $171,746 in April. The April 2017 average sales price decreased 14.5% from the April 2016 average sales price which was $200,972.

Average days on the market decreased 6.7% from 15 days in March to 14 days on the market in April. The April 2016 average days on the market were 104, a 86.5% decrease in market time.

Currently there are 27 active condos for sale in Mooresville, a 35% increase from the 20 active condos for sale in April. The average list price is $210,353, up 2.5% from April’s average list price of $205,227. 26 Mooresville condos/townhomes are currently under contract, a 13% increase from April. Based on these numbers, just over 2.2 months of inventory, we are currently in a sellers market in the Mooresville condo real estate market.

Stay up to date on the Mooresville real estate market with our free Mooresville real estate market watch: Mooresville Real Estate Market Report

Mooresville Lots
In April 2017 16 lots sold in the Mooresville real estate market, an 6.7% increase from the 15 Mooresville lots sold in March. April 2017 sales figures decreased 11.1% from April 2016 when 18 Mooresville lots sold.

The average sales price decreased 27.2% from $168,180 in March to $122,375 in April. The April 2017 average sales price decreased 42.2% from the April 2016 average sales price which was $211,816.

Average days on the market increased 42% from 174 in March to 247 days on the market in April. The April 2016 average days on the market were 244, a 1.2% increase in market time versus the same time period last year.

Currently there are 240 active Mooresville lots for sale in the MLS, a 3.2% decrease in inventory from April. The average list price is $391,086, up .7% from April’s average list price of $388,526. 61 Mooresville lots are currently under contract, a 27.1% increase from April. Based on these numbers we have 15 months of land inventory, a buyers market on Mooresville lots and acreage.

Stay up to date on the Mooresville real estate market with our free Mooresville real estate market watch: Mooresville Real Estate Market Report


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