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Mooresville Waterfront Real Estate Market Update March 2016

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Mooresville Waterfront Real Estate Market Update March 2016

Mooresville Waterfront Homes

In March 2016 9 Mooresville waterfront homes sold, a 35.7% decrease from the 14 Mooresville waterfront homes sold in February. March 2016 waterfront sales figures decreased 35.7% from March 2015 when 14 Mooresville waterfront homes sold.

The average sales price increased 6.3% from $848,905 in February to $902,167 in March. The March 2016 average sales price increased 19.8% from the March 2015 average sales price which was $753,293.

Average days on the market decreased 41.4% from 181 days in February to 106 days on the market in March. The March 2015 average days on the market were 170, a 37.6% decrease in market time.

Currently there are 169 active Mooresville waterfront homes for sale in the MLS, up 19.9% from March. The average list price is $1,205,759, down 3.6% from the March average list price of $1,250,240. 42 Mooresville waterfront homes are currently under contract, up 44.8% from March. The lowest priced Mooresville waterfront home on Lake Norman is listed at $320,000, and the highest priced Mooresville waterfront home on Lake Norman is listed at $7,450,000.

Would you like to know the value of your Mooresville waterfront home? Visit our property value website for a free online market analysis: MooresvilleHomePrices.com

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

Mooresville Waterfront Condos

In March 2016 1 Mooresville waterfront condos sold in the Lake Norman area, a 0% increase from the 1 Mooresville waterfront condos sold in February. March 2016 sales figures decreased 50% from March 2015 when 2 Mooresville waterfront condo sold.

The average sales price decreased 40% from $250,000 in February to $150,000 in March. The March 2016 average sales price decreased 20.5% from the March 2015 average sales price which was $188,750.

Average days on the market decreased 51.4% from 333 in February to 162 days on the market in March. The March 2015 average days on the market were 121, a 34% increase in market time.

Currently there are 2 active Mooresville waterfront condos listed in the MLS with 2 under contract, a 0% increase from March. The average list price is $324,413, up 10.6% from last month. The lowest priced Mooresville waterfront condo on Lake Norman is listed at $159,750 and the highest priced Mooresville waterfront condo on Lake Norman is listed at $275,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Mooresville: Mooresville waterfront condos for sale

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

Mooresville Waterfront Lots

In March 2016 4 Mooresville waterfront lots sold in the Lake Norman area, a 33% increase from the 3 Mooresville waterfront lots sold in February. The average sales price was $294,500, down 7.1% from the February average sales price which was $317,000. March 2016 sales figures decreased 0% from March 2015 when 4 Mooresville waterfront lots sold. The average sales price decreased 22.2% from the March 2015 average sales price of $378,350.


The average days on the market increased 8% from February, from 150 to 162 days on the market in March. Days on the market were down 41.4% from March 2015 when the average was 275 days on the market.

Currently there are 66 active Mooresville waterfront lots listed in the MLS with 7 Mooresville waterfront lots currently under contract. The average list price is $632,879, down 12.1% from last month. The lowest priced Mooresville waterfront lot on Lake Norman is currently listed at $82,000 and the highest priced Mooresville waterfront lot on Lake Norman is currently listed at $3,750,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Mooresville:Mooresville waterfront lots for sale

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


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