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Mooresville Waterfront Real Estate Market Update November 2016

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Mooresville Waterfront Real Estate Market Update November 2016

Mooresville Waterfront Homes

In November 2016 14 Mooresville waterfront homes sold, a 6.7% decrease from the 15 Mooresville waterfront homes sold in October. November 2016 waterfront sales figures increased 40% from November 2015 when 10 Mooresville waterfront homes sold.

The average sales price increased 2.8% from $751,333 in October to $772,450 in November. The November 2016 average sales price decreased 7.5% from the November 2015 average sales price which was $718,728.

Average days on the market increased 9.2% from 87 days in October to 95 days on the market in November. The November 2015 average days on the market were 142, a 33.1% decrease in market time.

Currently there are 132 active Mooresville waterfront homes for sale in the MLS, down 9% from November. The average list price is $1,200,002, down 3.1% from the November average list price of $1,238,210. 38 Mooresville waterfront homes are currently under contract, up 8.6% from November. The lowest priced Mooresville waterfront home on Lake Norman is listed at $300,000, and the highest priced Mooresville waterfront home on Lake Norman is listed at $5,000,000.

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 November 2016 4 Mooresville waterfront condos sold in the Lake Norman area, a 300% increase from the 1 Mooresville waterfront condos sold in October. November 2016 sales figures increased 300% from November 2015 when 1 Mooresville waterfront condos sold.

The average sales price increased 77% from $155,000 in October to $274,350 in November. The November 2016 average sales price increased 14.3% from the November 2015 average sales price which was $240,000.

Average days on the market decreased 69.5% from 82 in October to 25 days on the market in November. The November 2015 average days on the market were 12, a 108.3% increase in market time.

Currently there is 1 active Mooresville waterfront condos listed in the MLS with 2 others under contract, a 100% increase from November. The average list price is $275,000, up 10% from last month. The lowest priced Mooresville waterfront condo on Lake Norman is listed at $275,000 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 November 2016 6 Mooresville waterfront lots sold in the Lake Norman area, a 200% increase from the 2 Mooresville waterfront lots sold in October. November 2016 sales figures increased 500% from November 2015 when 1 Mooresville waterfront lots sold.

The November average sales price was $1,242,500, up 188% from the October average sales price which was $430,750. The November 2016 average sales price increased 3006% from the November 2015 average sales price of $40,000.

The average days on the market decreased 4.3% from October, from 116 to 111 days on the market in November. Days on the market were down 34.3% from November 2015 when the average was 169 days on the market.

Currently there are 72 active Mooresville waterfront lots listed in the MLS with 7 Mooresville waterfront lots currently under contract. The average list price is $635,652, down 1.6% from last month. The lowest priced Mooresville waterfront lot on Lake Norman is currently listed at $81,500 and the highest priced Mooresville waterfront lot on Lake Norman is currently listed at $2,999,999.

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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