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Mooresville Real Estate Market Update May 2015

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May 2015 Mooresville Real Estate Market Update

Mooresville Homes
In May 2015 141 homes sold in the Mooresville real estate market, an 8.5% increase from the 130 Mooresville homes sold in April. May 2015 sales figures increased 35.6% from May 2014 when 104 homes sold in the Mooresville area.

The average sales price increased .4% from $373,352 in April to $374,811 in May. The May 2015 average sales price decreased 9.8% from the May 2014 average sales price which was $415,356.

Average days on the market decreased 23.3% from 86 days in April to 66 days on the market in May. May 2014 average days on the market were 94, a 29.8% decrease in market time.

Currently there are 961 homes for sale in Mooresville, up 7.6% from May. The average list price is $528,444 down 2% from the May average list price of $539,094. 289 Mooresville homes are currently under contract, up 1.4% from May.

It is a great time to sell! Request a free market analysis on MooresvilleHomePrices.com

Stay up to date on the Mooresville real estate market with our free market watch: Mooresville Real Estate Market Report

Mooresville Condos & Townhomes
In May 2015 12 condos/townhomes sold in the Mooresville real estate market, a 7.7% decrease from the 12 Mooresville condos or townhomes sold in April. May 2015 sales figures increased 50% from May 2014 when 8 Mooresville condos sold.

The average sales price increased 1.1% from $159,050 in April to $160,842 in May. The May 2015 average sales price increased 13.1% from the May 2014 average sales price which was $142,262.

Average days on the market increased 15.8% from 76 in April to 88 in May. May 2014 average days on the market were 153, a 42.5% decrease in market time.

Currently there are 62 condos for sale in Mooresville, a 1.6% increase from the 61 condos for sale in May. The average list price is $198,998, up 1.9% from May’s average list price of $195,272. 21 Mooresville condos/townhomes are currently under contract, a 0% decrease from April.

Stay up to date on the Mooresville real estate market with our free market watch: Mooresville Real Estate Market Report

Mooresville Lots
In May 2015 14 lots sold in the Mooresville real estate market, a 27.3% increase from the 11 Mooresville lots sold in April. May 2015 sales figures increased 0% from May 2014 when 14 Mooresville lots sold.

The average sales price increased 30% from $85,434 in April to $111,236 in May. The May 2015 average sales price decreased 9.2% from the May 2014 average sales price which was $122,564.

Average days on the market increased 101% from 131 in April to 263 in May. May 2014 average days on the market were 276, a 4.7% decrease in market time versus the same time period last year.

Currently there are 375 Mooresville lots for sale in the MLS, a 3.9% increase in inventory from May. The average list price is $358,001, down .2% from May’s average list price of $358,701. 32 Mooresville lots are currently under contract, a 20% decrease from May.

Stay up to date on the Mooresville real estate market with our free market watch: Mooresville Real Estate Market Report


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