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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update June 2017

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Mooresville Real Estate Market Stats for June 2017

Mooresville Homes
In June 2017 206 homes sold in the Mooresville real estate market, a 37.3% increase from the 150 Mooresville homes sold in May 2017 and the highest monthly total on record. June 2017 sales figures increased 11.4% from June 2016 when 185 homes sold in the Mooresville real estate market.

The average sales price decreased 4.7% from $368,611 in May to $351,234 in June. The June 2017 average sales price decreased 16.4% from the June 2016 average sales price which was $420,291.

Average days on the market decreased 22.4% from 67 days in May to 52 days on the market in June. The June 2016 average days on the market were 67, a 22.4% decrease in market time from the same period last year.

Currently there are 664 active homes for sale in Mooresville, up 1.5% from June. The average list price is $639,550 down 3.4% from the June average list price of $660,686. 329 Mooresville homes are currently under contract, up .3% from June. Based on these numbers, just over 3.2 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 June 2017 15 condos/townhomes sold in the Mooresville real estate market, a 6.3% decrease from the 16 Mooresville condos and townhomes sold in May. June 2017 sales figures decreased 44.4% from June 2016 when 27 Mooresville condos sold.

The average sales price decreased 16.4% from $189,414 in May to $158,327 in June. The June 2017 average sales price decreased 14.2% from the June 2016 average sales price which was $184,625.

Average days on the market decreased 82.7% from 75 days in May to 13 days on the market in June. The June 2016 average days on the market were 57, a 77.2% decrease in market time.

Currently there are 23 active condos for sale in Mooresville, a 11.5% decrease from the 26 active condos for sale in June. The average list price is $219,252, up 1.8% from June’s average list price of $215,449. 26 Mooresville condos/townhomes are currently under contract, an 8.3% increase from June. Based on these numbers, just over 1.5 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 June 2017 16 lots sold in the Mooresville real estate market, a 60% decrease from the 10 Mooresville lots sold in May. June 2017 sales figures decreased 30.4% from June 2016 when 23 Mooresville lots sold.

The average sales price decreased 27.3% from $288,730 in May to $209,906 in June. The June 2017 average sales price decreased 21.7% from the June 2016 average sales price which was $268,004.

Average days on the market decreased 25.2% from 206 in May to 154 days on the market in June. The June 2016 average days on the market were 206, a 25.2% decrease in market time versus the same time period last year.

Currently there are 250 active Mooresville lots for sale in the MLS, a 4.2% decrease in inventory from June. The average list price is $394,961, up 4.7% from June’s average list price of $377,101. 52 Mooresville lots are currently under contract, a 4% increase from June. Based on these numbers we have 15.6 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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