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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update January 2018

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Mooresville Real Estate Market Stats for January 2018

Mooresville Homes
In January 2018 97 homes sold in the Mooresville real estate market, a 40.9% decrease from the 164 Mooresville homes sold in December 2017. January 2018 sales figures increased 7.8% from January 2017 when 90 homes sold in the Mooresville real estate market.

The average sales price increased 6% from $385,739 in December 2017 to $408,786 in January 2018. The January 2018 average sales price decreased .8% from the January 2017 average sales price which was $412,147.

Average days on the market increased 13.2% from 76 days in December 2017 to 86 days on the market in January 2018. The January 2017 average days on the market were 68, a 26.5% increase in market time from the same period last year.

Currently there are 487 active homes for sale in Mooresville, up 6.3% from January. The average list price is $615,545 down 3.7% from the January average list price of $639,527. 236 Mooresville homes are currently under contract, up 3.5% from January. Based on these numbers, just over 4.9 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 January 2018 16 condos/townhomes sold in the Mooresville real estate market, a 14.3% increase from the 14 Mooresville condos and townhomes sold in December 2017. January 2018 sales figures increased 60% from January 2017 when 10 Mooresville condos sold.

The average sales price decreased 1.2% from $204,237 in December 2017 to $201,813 in January 2018. The January 2018 average sales price increased 18.9% from the January 2017 average sales price which was $169,678.

Average days on the market decreased 12.3% from 57 days in December 2017 to 50 days on the market in January 2018. The January 2017 average days on the market were 60, a 16.7% decrease in market time.

Currently there are 14 active condos for sale in Mooresville, a 14.3% decrease from the 16 active Mooresville condos for sale in January. The average list price is $286,775, up .6% from January’s average list price of $285,107. 25 Mooresville condos/townhomes are currently under contract, a 79%increase from January. Based on these numbers, just over .8 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 2018 8 lots sold in the Mooresville real estate market, a 60% increase from the 5 Mooresville lots sold in December 2017. January 2018 sales figures increased 14.3 from January 2017 when 7 Mooresville lots sold.

The average sales price decreased 40% from $272,980 in December 2017 to $164,063 in January 2018. The January 2018 average sales price increased 11.2% from the January 2017 average sales price which was $147,583.

Average days on the market increased 76% from 145 in December 2017 to 255 days on the market in January 2018. The January 2017 average days on the market were 192, a 33% increase in market time versus the same time period last year.

Currently there are 286 active Mooresville lots for sale in the MLS, a 4.7% decrease in inventory from January. The average list price is $401,811, up 3% from January’s average list price of $390,194. 41 Mooresville lots are currently under contract, a 37% increase from January. Based on these numbers we have 36 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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