Mooresville NC Homes For Sale

Homes for sale in Mooresville NC

Mooresville Real Estate Market Report

Mooresville Real Estate Market Update November 2016

Share the joy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    6
    Shares

Mooresville Real Estate Market Stats for November 2016

Mooresville Homes
In November 2016 123 homes sold in the Mooresville real estate market, a 4.2% increase from the 118 Mooresville homes sold in October. November 2016 sales figures increased 33.7% from November 2015 when 92 homes sold in the Mooresville real estate market.

The average sales price decreased 1.4% from $358,607 in October to $353,569 in November. The November 2016 average sales price increased 7.7% from the November 2015 average sales price which was $328,273.

Average days on the market increased 5.9% from 68 days in October to 72 days on the market in November. The November 2015 average days on the market were 73, a 1.4% decrease in market time.

Currently there are 714 homes for sale in Mooresville, down 10.4% from November. The average list price is $580,435 up .4% from the November average list price of $578,096. 206 Mooresville homes are currently under contract, down 16% from November. Based on these numbers, just over 5.8 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 November 2016 35 condos/townhomes sold in the Mooresville real estate market, a 218% increase from the 11 Mooresville condos and townhomes sold in October. November 2016 sales figures increased 169% from November 2015 when 13 Mooresville condos sold.

The average sales price increased 1.8% from $184,532 in October to $187,913 in November. The November 2016 average sales price increased .3% from the November 2015 average sales price which was $187,397.

Average days on the market increased 35% from 23 days in October to 31 days on the market in November. The November 2015 average days on the market were 51, a 39.2% decrease in market time.

Currently there are 40 condos for sale in Mooresville, a 34.4% decrease from the 61 condos for sale in November. The average list price is $183,394, down .6% from November’s average list price of $184,487. 24 Mooresville condos/townhomes are currently under contract, a 25% decrease from November. Based on these numbers, just over 1.1 months of inventory, we are currently in a sellers market in the Mooresville condo 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 November 2016 18 lots sold in the Mooresville real estate market, a 157% increase from the 7 Mooresville lots sold in October. November 2016 sales figures increased 100% from November 2015 when 9 Mooresville lots sold.

The average sales price increased 231% from $158,643 in October to $524,689 in November. The November 2016 average sales price increased 853% from the November 2015 average sales price which was $55,056.

Average days on the market decreased 51% from 267 in October to 131 days on the market in November 2016. The November 2015 average days on the market were 194, a 32.5% decrease in market time versus the same time period last year.

Currently there are 310 Mooresville lots for sale in the MLS, a 2.8% decrease in inventory from November. The average list price is $404,631, down .4% from November’s average list price of $406,392. 27 Mooresville lots are currently under contract, a 10% decrease from November. Based on these numbers we have 17 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


Share the joy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    6
    Shares

Leave a Reply

Mooresville NC Homes For Sale © 2017