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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update January 2017

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Mooresville Real Estate Market Stats for January 2017

Mooresville Homes
In January 2017 86 homes sold in the Mooresville real estate market, a 32.3% decrease from the 127 Mooresville homes sold in December but the highest January total since 2005! January 2017 sales figures increased 19.4% from January 2016 when 72 homes sold in the Mooresville real estate market.

The average sales price increased 24.3% from $336,143 in December to $417,699 in January. The January 2017 average sales price increased 20.2% from the January 2016 average sales price which was $347,528.

Average days on the market decreased 9.6% from 73 days in December to 66 days on the market in January. The January 2016 average days on the market were 82, a 19.5% decrease in market time from the same period last year.

Currently there are 519 active homes for sale in Mooresville, down 24.6% from January. The average list price is $594,502 up 2.2% from the January average list price of $581,876. 261 Mooresville homes are currently under contract, up 34.5% from January. Based on these numbers, just over 6 months of inventory, we are currently in a balanced 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 January 2017 10 condos/townhomes sold in the Mooresville real estate market, a 65.5% decrease from the 29 Mooresville condos and townhomes sold in December but the highest January total since 2004! January 2017 sales figures increased 11.1% from January 2016 when 9 Mooresville condos sold.

The average sales price increased 4% from $163,228 in December to $169,678 in January. The January 2017 average sales price increased 1.5% from the January 2016 average sales price which was $167,185.

Average days on the market increased 36.4% from 44 days in December to 60 days on the market in January. The January 2016 average days on the market were 89, a 32.6% decrease in market time.

Currently there are 40 condos for sale in Mooresville, a 29% increase from the 31 condos for sale in January. The average list price is $209,689, up 7.7% from January’s average list price of $194,637. 23 Mooresville condos/townhomes are currently under contract, a 91.7% increase from January. Based on these numbers, just over 4 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 January 2017 7 lots sold in the Mooresville real estate market, a 85.7% decrease from the 13 Mooresville lots sold in December. January 2017 sales figures increased 40% from January 2016 when 5 Mooresville lots sold.

The average sales price decreased 55.5% from $331,962 in December to $147,583 in January. The January 2017 average sales price decreased .1% from the January 2016 average sales price which was $147,800.

Average days on the market increased 1% from 190 in December to 192 days on the market in January. The January 2016 average days on the market were 339, a 43.4% decrease in market time versus the same time period last year.

Currently there are 291 Mooresville lots for sale in the MLS, a 2.7% decrease in inventory from January. The average list price is $418,704, up 2.7% from January’s average list price of $407,641. 39 Mooresville lots are currently under contract, a 25.8% increase from January. Based on these numbers we have 42 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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