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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update September 2017

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Mooresville Real Estate Market Stats for September 2017

Mooresville Homes
In September 2017 179 homes sold in the Mooresville real estate market, a 2.7% decrease from the 84 Mooresville homes sold in August 2017. September 2017 sales figures increased 6.5% from September 2016 when 168 homes sold in the Mooresville real estate market.

The average sales price increased 9% from $389,618 in August to $424,689 in September. The September 2017 average sales price increased 17.7% from the September 2016 average sales price which was $360,778.

Average days on the market decreased 17.6% from 68 days in August to 56 days on the market in September. The September 2016 average days on the market were 64, an 12.5% decrease in market time from the same period last year.

Currently there are 640 active homes for sale in Mooresville, down 2.7% from September. The average list price is $609,133 up 1.3% from the September average list price of $601.227. 283 Mooresville homes are currently under contract, down 3.4% from September. Based on these numbers, just over 3.5 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 2017 11 condos/townhomes sold in the Mooresville real estate market, a 0% decrease from the 11 Mooresville condos and townhomes sold in August. September 2017 sales figures decreased 26.7% from September 2016 when 15 Mooresville condos sold.

The average sales price increased 24% from $172,091 in August to $213,620 in September. The September 2017 average sales price decreased 1.5% from the September 2016 average sales price which was $216,791.

Average days on the market increased 63% from 27 days in August to 44 days on the market in September. The September 2016 average days on the market were 55, a 20% decrease in market time.

Currently there are 23 active condos for sale in Mooresville, a 32.4% decrease from the 34 active Mooresville condos for sale in September. The average list price is $230,400, up 10% from September’s average list price of $208,983. 31 Mooresville condos/townhomes are currently under contract, a 48% increase from September. Based on these numbers, just over 2 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 September 2017 20 lots sold in the Mooresville real estate market, a 25% increase from the 16 Mooresville lots sold in August. September 2017 sales figures decreased 35.5% from September 2016 when 31 Mooresville lots sold.

The average sales price increased 99.5% from $136,316 in August to $271,989 in September. The September 2017 average sales price decreased 201% from the September 2016 average sales price which was $90,516.

Average days on the market decreased 2.8% from 145 in August to 141 days on the market in September. The September 2016 average days on the market were 122, a 15.6% increase in market time versus the same time period last year.

Currently there are 251 active Mooresville lots for sale in the MLS, a 2% increase in inventory from September. The average list price is $454,242, up 3.2% from September’s average list price of $440,005. 26 Mooresville lots are currently under contract, a 28% decrease from September. Based on these numbers we have 12.6 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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