Mooresville Real Estate Market Update April 2019

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Mooresville Real Estate Market Stats for April 2019

Mooresville Homes

In April 2019 191 homes sold in the Mooresville real estate market, a 21.7% increase from the 157 Mooresville homes sold in March 2019. April 2019 sales figures increased 41.5% from April 2018 when 135 homes sold in the Mooresville real estate market.

The average sales price increased by 23.6% from $350,755 in March to $433,403 in April 2019. The April 2019 average sales price increased 2.4% from the April 2018 average sales price which was $423,088.

Average days on the market increased by 15.9% from 63 days in March to 73 days on the market in April 2019. The April 2018 average days on the market were 71, a 2.8% increase in market time from the same period last year.

Currently, there are 537 active homes for sale in Mooresville, down 2.4% from April. The average list price of active homes is $653,059 up 5.1% from the April average list price of $621,267. There are 374 Mooresville homes currently under contract, up 6.6% from April. Based on these numbers, just over .9 months of inventory, we are currently in a seller’s market in the Mooresville real estate market.

It is still 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 2019 31 condos/townhomes sold in the Mooresville real estate market, a 158% increase from the 12 Mooresville condos and townhomes sold in March 2019. April 2019 sales figures increased 107% from April 2018 when 15 Mooresville condos sold.

The average sales price increased by 14.8% from $207,033 in March to $237,658 in April 2019. The April 2019 average sales price increased 16.6% from the April 2018 average sales price which was $177,498.

Average days on the market increased 19% from 42 days in March to 50 days on the market in April 2019. The April 2018 average days on the market were 16, a 213% increase in market time from one year ago.

Currently, there are 26 active condos for sale in Mooresville, a 13% increase from the 23 active Mooresville condos for sale in April. The average list price of active listings is $301,569, up 8.5% from April’s average list price of $277,842. There are 25 Mooresville condos/townhomes currently under contract, a 22% decrease from April. Based on these numbers, just over .4 months of inventory, we are currently in a seller’s 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 2019 17 lots sold in the Mooresville real estate market, an 88.9% increase from the 9 Mooresville lots sold in March 2019. April 2019 sales figures decreased 26% from April 2018 when 23 Mooresville lots sold.

The average sales price increased by 275% from $165,777 in March 2018 to $44,167 in April 2019. The April 2019 average sales price increased 26% from the April 2018 average sales price which was $131,560.

Average days on the market increased by 8% from 201 in March 2019 to 217 days on the market in April 2019. The April 2018 average days on the market were 281, a 28.5% decrease in market time versus the same time period last year.

Currently, there are 282 active Mooresville lots for sale in the MLS, a 9.3% increase in inventory from April. The average list price of active listings is $488,458, up 4% from April’s average list price of $469,482. 37 Mooresville lots are currently under contract, a 12% decrease from April. Based on these numbers we have 5.2 months of land inventory, a balanced 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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