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Mooresville Real Estate Market Report

Mooresville Real Estate Market Update February 2018

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Mooresville Real Estate Market Stats for January 2018

Mooresville Homes

In February 2018 106 homes sold in the Mooresville real estate market, a 6% increase from the 100 Mooresville homes sold in January 2018. February 2018 sales figures increased 23.3% from February 2017 when 86 homes sold in the Mooresville real estate market.

The average sales price increased .2% from $403,533 in January to $404,484 in February. The February 2018 average sales price increased 18.6% from the February 2017 average sales price which was $340,978.

Average days on the market increased 19.8% from 81 days in January to 97 days on the market in February. The February 2017 average days on the market were 85, a 14.1% increase in market time from the same period last year.

Currently there are 517 active homes for sale in Mooresville, up 6.2% from February. The average list price is $641,488 up 4.2% from the February average list price of $615,545. 279 Mooresville homes are currently under contract, up 18% from February. Based on these numbers, just over 4.8 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 February 2018 7 condos/townhomes sold in the Mooresville real estate market, a 56.3% decrease from the 16 Mooresville condos and townhomes sold in January 2018. February 2018 sales figures decreased 22.2% from February 2017 when 9 Mooresville condos sold.

The average sales price decreased .4% from $201,813 in January to $200,926 in February. The February 2018 average sales price decreased 6.4% from the February 2017 average sales price which was $214,553.

Average days on the market increased 94% from 50 days in January to 97 days on the market in February. The February 2017 average days on the market were 82, an 18.3% increase in market time.

Currently there are 17 active condos for sale in Mooresville, a 21.4% increase from the 14 active Mooresville condos for sale in February. The average list price is $281,565, down 1.8% from February’s average list price of $286,775. 38 Mooresville condos/townhomes are currently under contract, a 52% increase from February. Based on these numbers, just over 2.4 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 February 2018 10 lots sold in the Mooresville real estate market, a 25% increase from the 8 Mooresville lots sold in January 2018. February 2018 sales figures decreased 41.2% from February 2017 when 17 Mooresville lots sold.

The average sales price increased 265% from $164,063 in January to $598,436 in February. The February 2018 average sales price increased 206% from the February 2017 average sales price which was $195,288.

Average days on the market decreased 33.7% from 255 in January to 169 days on the market in February. The February 2017 average days on the market were 167, a 1.2% increase in market time versus the same time period last year.

Currently there are 254 active Mooresville lots for sale in the MLS, an 11.2% decrease in inventory from February. The average list price is $467,089, up 16.2% from February’s average list price of $401,811. 54 Mooresville lots are currently under contract, a 32% increase from February. Based on these numbers we have 25 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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