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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update June 2018

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Mooresville Real Estate Market Stats for June 2018

Mooresville Homes

In June 2018 204 homes sold in the Mooresville real estate market, a 12.1% increase from the 182 Mooresville homes sold in May 2018. June 2018 sales figures decreased 2.4% from June 2017 when 209 homes sold in the Mooresville real estate market.

The average sales price decreased 7% from $451,636 in May to $420,012 in June. The June 2018 average sales price decreased 19.3% from the June 2017 average sales price which was $351,969.

Average days on the market decreased 12.1% from 66 days in May to 58 days on the market in June. The June 2017 average days on the market were 53, a 9.4% increase in market time from the same period last year.

Currently there are 593 active homes for sale in Mooresville, down 1.7% from June. The average list price is $603,592 up 8.5% from the June average list price of $598,477. 312 Mooresville homes are currently under contract, up 2% from June. Based on these numbers, just over 2.9 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 June 2018 18 condos/townhomes sold in the Mooresville real estate market, a 5.9% increase from the 17 Mooresville condos and townhomes sold in May 2018. June 2018 sales figures increased 20% from June 2017 when 15 Mooresville condos sold.

The average sales price decreased .7% from $191,898 in May to $190,622 in June. The June 2018 average sales price increased 20.4% from the June 2017 average sales price which was $158,327.

Average days on the market decreased 4.8% from 21 days in May to 20 days on the market in June. The June 2017 average days on the market were 13, a 54% increase in market time.

Currently there are 35 active condos for sale in Mooresville, a 20% decrease from the 44 active Mooresville condos for sale in June. The average list price is $299,017, up 2.9% from June’s average list price of $290,703. 46 Mooresville condos/townhomes are currently under contract, a 7% increase from June. Based on these numbers, just 1.9 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 2018 18 lots sold in the Mooresville real estate market, a 5.3% decrease from the 19 Mooresville lots sold in May 2018. June 2018 sales figures increased 0% from June 2017 when 18 Mooresville lots sold.

The average sales price decreased 28.3% from $211,621 in May to $151,786 in June. The June 2018 average sales price decreased 25% from the June 2017 average sales price which was $202,556.

Average days on the market increased 4.5% from 201 in May to 210 days on the market in June. The June 2017 average days on the market were 167, a 25.7% increase in market time versus the same time period last year.

Currently there are 252 active Mooresville lots for sale in the MLS, a 2% decrease in inventory from June. The average list price is $498,236, up 5% from June’s average list price of $474,644. 33 Mooresville lots are currently under contract, a 15% decrease from June. Based on these numbers we have 14 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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