Mooresville Real Estate Market Update June 2019

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Mooresville Real Estate Market Stats for June 2019

Mooresville Homes

In June 2019 193 homes sold in the Mooresville real estate market, a 5.4% decrease from the 204 Mooresville homes sold in May 2019. June 2019 sales figures decreased 6.3% from June 2018 when 206 homes sold in the Mooresville real estate market.

The average sales price decreased by 2.2% from $422,861 in May to $413,449 in June 2019. The June 2019 average sales price decreased 1.9% from the June 2018 average sales price which was $421,225.

Average days on the market decreased by 15.3% from 72 days in May to 61 days on the market in June 2019. The June 2018 average days on the market were 57, a 7% increase in market time from the same period last year.

Currently, there are 566 active homes for sale in Mooresville, up 1.1% from June. The average list price of active homes is $635,907 up .3% from the June average list price of $634,012. There are 342 Mooresville homes currently under contract, up .3% from June. Based on these numbers, just over 2.9 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 June 2019 16 condos/townhomes sold in the Mooresville real estate market, an 11.1% decrease from the 18 Mooresville condos and townhomes sold in May 2019. June 2019 sales figures decreased 11.1% from June 2018 when 18 Mooresville condos sold.

The average sales price increased by 11.5% from $189,101 in May to $210,790 in June 2019. The June 2019 average sales price increased 10.6% from the June 2018 average sales price which was $190,622.

Average days on the market increased by 104% from 27 days in May to 55 days on the market in June 2019. The June 2018 average days on the market were 20, a 175% increase in market time from one year ago.

Currently, there are 32 active condos for sale in Mooresville, a 13.5% decrease from the 37 active Mooresville condos for sale in June. The average list price of active listings is $268,204, down 3.4% from June’s average list price of $277,682. There are 33 Mooresville condos/townhomes currently under contract, a 6.5% increase from June. Based on these numbers, 2 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 June 2019 15 lots sold in the Mooresville real estate market, an 7.1% increase from the 14 Mooresville lots sold in May 2019. June 2019 sales figures decreased 16.7% from June 2018 when 18 Mooresville lots sold.

The average sales price increased by 34.2% from $101,808 in May 2018 to $136,593 in June 2019. The June 2019 average sales price decreased 10% from the June 2018 average sales price which was $151,786.

Average days on the market decreased by 20.8% from 159 in May 2019 to 126 days on the market in June 2019. The June 2018 average days on the market were 210, a 40% decrease in market time versus the same time period last year.

Currently, there are 280 active Mooresville lots for sale in the MLS, a 1.8% decrease in inventory from June. The average list price of active listings is $427,336, down 2.6% from June’s average list price of $438,677. 36 Mooresville lots are currently under contract, a 16% increase from June. Based on these numbers we have 18.7 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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