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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update September 2016

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September 2016 Mooresville Real Estate Market Update

Mooresville Homes
In September 2016 165 homes sold in the Mooresville real estate market, a 2.4% decrease from the 169 Mooresville homes sold in August. September 2016 sales figures increased 10.7% from September 2015 when 149 homes sold in the Mooresville real estate market.

The average sales price decreased 11.3% from $408,207 in August to $362,061 in September. The September 2016 average sales price increased 6.5% from the September 2015 average sales price which was $340,002.

Average days on the market increased 5% from 60 days in August to 63 days on the market in September. The September 2015 average days on the market were 73, a 13.7% decrease in market time.

Currently there are 859 homes for sale in Mooresville, down 7.3% from September. The average list price is $583,697 up .2% from the September average list price of $582,817. 251 Mooresville homes are currently under contract, down 13.7% from September. Based on these numbers, just over 5.2 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 September 2016 15 condos/townhomes sold in the Mooresville real estate market, a 44.4% decrease from the 27 Mooresville condos and townhomes sold in August. September 2016 sales figures increased 0% from September 2015 when 15 Mooresville condos sold.

The average sales price increased 19.5% from $181,348 in August to $216,791 in September. The September 2016 average sales price increased 6.5% from the September 2015 average sales price which was $203,565.

Average days on the market increased 3.8% from 53 days in August to 55 days on the market in September. The September 2015 average days on the market were 54, a 1.9% increase in market time.

Currently there are 81 condos for sale in Mooresville, a 28.6% increase from the 63 condos for sale in September. The average list price is $191,194, up 2.1% from September’s average list price of $187,328. 48 Mooresville condos/townhomes are currently under contract, a 0% decrease from September. Based on these numbers, just over 5.4 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 September 2016 30 lots sold in the Mooresville real estate market, a 233% increase from the 9 Mooresville lots sold in August. September 2016 sales figures increased 87.5% from September 2015 when 16 Mooresville lots sold.

The average sales price decreased 61.1% from $238,798 in August to $92,883 in September. The September 2016 average sales price decreased 65.2% from the September 2015 average sales price which was $267,275.

Average days on the market increased 81.8% from 66 in August to 120 in September 2016. The September 2015 average days on the market were 166, a 27.7% decrease in market time versus the same time period last year.

Currently there are 336 Mooresville lots for sale in the MLS, a 5.4% decrease in inventory from September. The average list price is $435,350, up 8.4% from September’s average list price of $401,742. 37 Mooresville lots are currently under contract, a 30.2% decrease from September. Based on these numbers we have 11.2 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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