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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update April 2018

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Mooresville Real Estate Market Stats for April 2018

Mooresville Homes

In April 2018 135 homes sold in the Mooresville real estate market, a 10.7% increase from the 122 Mooresville homes sold in March 2018. April 2018 sales figures decreased 2.2% from April 2017 when 138 homes sold in the Mooresville real estate market.

The average sales price increased 14.6% from $369,310 in March to $423,088 in April. The April 2018 average sales price increased 14.7% from the April 2017 average sales price which was $368,941.

Average days on the market decreased 10.1% from 79 days in March to 71 days on the market in April. The April 2017 average days on the market were 72, a 1.4% decrease in market time from the same period last year.

Currently there are 575 active homes for sale in Mooresville, up 6.7% from April. The average list price is $626,245 down .9% from the April average list price of $631,680. 335 Mooresville homes are currently under contract, up 6% from April. Based on these numbers, just over 4.3 months of inventory, we are currently in a sellers market in the Mooresville real estate market.

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 April 2018 15 condos/townhomes sold in the Mooresville real estate market, a 0% increase from the 15 Mooresville condos and townhomes sold in March 2018. April 2018 sales figures increased 25% from April 2017 when 12 Mooresville condos sold.

The average sales price decreased 20% from $221,752 in March to $177,498 in April. The April 2018 average sales price increased 3.3% from the April 2017 average sales price which was $171,746.

Average days on the market decreased 67% from 48 days in March to 16 days on the market in April. The April 2017 average days on the market were 14, a 14.3% increase in market time.

Currently there are 30 active condos for sale in Mooresville, a 36.4% increase from the 22 active Mooresville condos for sale in April. The average list price is $270,084, up 12.1% from April’s average list price of $240,877. 41 Mooresville condos/townhomes are currently under contract, a 5.1% increase from April. Based on these numbers, just 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 April 2018 23 lots sold in the Mooresville real estate market, a 92% increase from the 12 Mooresville lots sold in March 2018. April 2018 sales figures decreased 43.8% from April 2017 when 16 Mooresville lots sold.

The average sales price decreased 13.4% from $151,900 in March to $131,560 in April. The April 2018 average sales price increased 7.5% from the April 2017 average sales price which was $122,375.

Average days on the market increased 15.2% from 244 in March to 281 days on the market in April. The April 2017 average days on the market were 247, a 13.8% increase in market time versus the same time period last year.

Currently there are 265 active Mooresville lots for sale in the MLS, a .8% increase in inventory from April. The average list price is $437,720, up 3.2% from April’s average list price of $424,010. 41 Mooresville lots are currently under contract, a 17% increase from April. Based on these numbers we have 11.5 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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