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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update December 2017

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Mooresville Real Estate Market Stats for December 2017

Mooresville Homes
In December 2017 163 homes sold in the Mooresville real estate market, a 9.4% increase from the 149 Mooresville homes sold in November 2017. December 2017 sales figures increased 26.4% from December 2016 when 129 homes sold in the Mooresville real estate market.

The average sales price increased 4% from $371,044 in November to $385,989 in December. The December 2017 average sales price increased 15.6% from the December 2016 average sales price which was $333,857.

Average days on the market increased 19% from 63 days in November to 75 days on the market in December. The December 2016 average days on the market were 74, a 1.4% increase in market time from the same period last year.

Currently there are 458 active homes for sale in Mooresville, down 11.6% from December. The average list price is $639,527  up 4.3% from the December average list price of $613,359. 228 Mooresville homes are currently under contract, up .9% from December. Based on these numbers, just over 2.8 months of inventory, we are currently in a sellers market in the Mooresville real estate market.

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 December 2017 14 condos/townhomes sold in the Mooresville real estate market, a 30% decrease from the 20 Mooresville condos and townhomes sold in November. December 2017 sales figures decreased 51.7% from December 2016 when 29 Mooresville condos sold.

The average sales price increased 15.7% from $176,546 in November to $204,237 in December. The December 2017 average sales price increased 25.1% from the December 2016 average sales price which was $163,228.

Average days on the market increased 78% from 32 days in November to 57 days on the market in December. The December 2016 average days on the market were 44, a 30% increase in market time.

Currently there are 16 active condos for sale in Mooresville, a 14.3% increase from the 14 active Mooresville condos for sale in December. The average list price is $285,107, down 2.4% from December’s average list price of $292,081. 14 Mooresville condos/townhomes are currently under contract, a 46% decrease from December. Based on these numbers, just over 1.1 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 December 2017 5 lots sold in the Mooresville real estate market, an 54.5% decrease from the 11 Mooresville lots sold in November. December 2017 sales figures decreased 61.5% from December 2016 when 13 Mooresville lots sold.

The average sales price increased 310% from $66,659 in November to $272,980 in December. The December 2017 average sales price decreased 17.8% from the December 2016 average sales price which was $331,962.

Average days on the market increased 5.8% from 137 in November to 145 days on the market in December. The December 2016 average days on the market were 190, a 23.7% decrease in market time versus the same time period last year.

Currently there are 300 active Mooresville lots for sale in the MLS, a 15% increase in inventory from December. The average list price is $390,194, down 13% from December’s average list price of $448,443. 30 Mooresville lots are currently under contract, a 36.4% increase from December. Based on these numbers we have 60 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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