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Mooresville Waterfront Real Estate Market Update May 2016

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Mooresville Waterfront Real Estate Market Update May 2016

Mooresville Waterfront Homes

In May 2016 21 Mooresville waterfront homes sold, an 110% increase from the 10 Mooresville waterfront homes sold in April. May 2016 waterfront sales figures increased 16.7% from May 2015 when 18 Mooresville waterfront homes sold.

The average sales price decreased 11.4% from $914,657 in April to $810,667 in May. The May 2016 average sales price decreased 18.4% from the May 2015 average sales price which was $993,793.

Average days on the market decreased 10.8% from 83 days in April to 74 days on the market in May. The May 2015 average days on the market were 86, a 14% decrease in market time.

Currently there are 190 active Mooresville waterfront homes for sale in the MLS, up 10.5% from May. The average list price is $1,225,143, down 2% from the May average list price of $1,249,556. 51 Mooresville waterfront homes are currently under contract, down 9% from May. 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 May 2016 1 Mooresville waterfront condos sold in the Lake Norman area, a 0% increase from the 1 Mooresville waterfront condos sold in April. May 2016 sales figures increased N/A% from May 2015 when 0 Mooresville waterfront condos sold.

The average sales price decreased 78.5% from $673,000 in April to $145,000 in May. The May 2016 average sales price decreased N/A% from the May 2015 average sales price which was $N/A.

Average days on the market decreased 93% from 243 in April to 17 days on the market in May. The May 2015 average days on the market were N/A, a N/A% increase in market time.

Currently there are 4 active Mooresville waterfront condos listed in the MLS with 2 under contract, a 200% increase from May. The average list price is $323,475, up 6.9% from last month. The lowest priced Mooresville waterfront condo on Lake Norman is listed at $154,900 and the highest priced Mooresville waterfront condo on Lake Norman is listed at $699,000.

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 May 2016 2 Mooresville waterfront lots sold in the Lake Norman area, a 50% decrease from the 4 Mooresville waterfront lots sold in April. The average sales price was $701,000, up 19.1% from the April average sales price which was $588,750. May 2016 sales figures increased 0% from May 2015 when 2 Mooresville waterfront lots sold. The average sales price increased 306.4% from the May 2015 average sales price of $172,500.


The average days on the market decreased 87.5% from April, from 168 to 21 days on the market in May. Days on the market were down 96.6% from May 2015 when the average was 609 days on the market.

Currently there are 82 active Mooresville waterfront lots listed in the MLS with 6 Mooresville waterfront lots currently under contract. The average list price is $663,421, up 6.2% from last month. The lowest priced Mooresville waterfront lot on Lake Norman is currently listed at $80,000 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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