Mooresville Waterfront Real Estate Update August 2019
Mooresville Waterfront Homes
In August 2019 17 Mooresville waterfront homes sold, a 6.3% increase from the 16 Mooresville waterfront homes sold in July 2019. August 2019 waterfront sales figures decreased 29.2% from August 2018 when 24 Mooresville waterfront homes sold.
The average sales price decreased by 9.3% from $960,230 in July 2019 to $870,832 in August 2019. The August 2019 average sales price decreased 5.9% from the August 2018 average sales price which was $925,729.
Average days on the market decreased by 6.6% from 76 days in July to 71 days on the market in August. The August 2018 average days on the market were 117, a 39.3% decrease in market time from one year ago.
Currently, there are 97 active Mooresville waterfront homes for sale in the Mooresville real estate market, down 13.4% from August. The average list price of active listings is $1,479,644, up 2.6% from the August average list price of $1,442,575. 47 Mooresville waterfront homes are currently under contract, up 23.7% from August. The lowest-priced Mooresville waterfront home on Lake Norman is listed at $299,990, and the highest priced Mooresville waterfront home on Lake Norman is listed at $6,995,000.
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Mooresville Waterfront Condos
In August 2019 3 Mooresville waterfront condo sold in the Lake Norman area, a 200% increase from the 1 Mooresville waterfront condos sold in July 2019. August 2019 sales figures increased 200% from August 2018 when 1 Mooresville waterfront condo sold.
The average sales price increased by 46.6% from $254,000 in July to $372,333 in August. The August 2019 average sales price increased 17.5% from the August 2018 average sales price which was $317,000.
Average days on the market increased 367% from 3 in July to 14 days on the market in August. The August 2018 average days on the market were 60, a 77% decrease in market time.
Currently, there are 5 active Mooresville waterfront condos listed in the Mooresville real estate market with 3 under contract, a 67% increase in active inventory from August. The average list price of active listings is $289,580 up 4.7% from last month. The lowest-priced Mooresville waterfront condo on Lake Norman is listed at $263,000 and the highest priced Mooresville waterfront condo on Lake Norman is listed at $355,000.
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Mooresville Waterfront Lots
In August 2019 2 Mooresville waterfront lots sold in the Lake Norman area, a 0% increase from the 2 Mooresville waterfront lots sold in July 2019. August 2019 sales figures increased 100% from August 2018 when 1 Mooresville waterfront lots sold.
The August average sales price was $413,500 up 63% from the July average sales price which was $253,750. The August 2019 average sales price increased 503% from the August 2018 average sales price of $68,600.
The average days on the market increased by 101% from July, from 208 to 418 days on the market in August. Days on the market were up 3383% from August 2018 when the average was 12 days on the market.
Currently, there are 67 active Mooresville waterfront lots listed in the Mooresville real estate market with 11 Mooresville waterfront lots currently under contract. The average list price of active listings is $543,760, down 7.7% from last month. The lowest-priced Mooresville waterfront lot on Lake Norman is currently listed at $125,000 and the highest priced Mooresville waterfront lot on Lake Norman is currently listed at $2,497,000.
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