Tag: mooresville nc homes for sale

Mooresville Real Estate Market Review of 2016

2016 Mooresville Real Estate Market Stats

Mooresville Home Sales Statistics

Home sales in 2016 increased 5.5% from the 2015 totals, aided by low interest rates, Millennials entering the market and foreclosure recovery buyers reentering the market. It was the highest number of home sales, 1601, on record.

The average sales price increased 4.9% from the 2015 average sales price. The 2016 Mooresville average sales price was $369,495. This can be attributed to lower inventory creating higher demand and multiple offer situations.

The median sales price increased 4.2% from the 2015 median sales price. The 2016 median sales price, $280,100 was the highest ever for the Mooresville real estate market. I do not put much stock in median sales price as it is just the sales price of the middle (#801) home sold if arranged by sales price.

The average price per square foot in Mooresville, $129, increased 5.7% from 2015. It was the highest sales price per square foot since 2007.

The average days on the market in Mooresville, 71, decreased 7.8% from 2015 and was the lowest marketing time since 2008. It was the 5th straight year of decreased days on the market, a strong indication that the real estate market is at full recovery.

Low inventory continues to push prices up in every sector of the Mooresville real estate market. Low interest rates will continue to entice buyers off the fence. We are predicting similar gains this year but lower appreciation in the luxury markets.

If you would like to be updated on the Mooresville real estate market visit our website, MooresvilleHomePrices.com for automatic monthly market reports and daily new listing alerts and sold property notifications. Its free and it is all automated.

Mooresville Real Estate Market Review of 2015

2015 Mooresville Real Estate Market Stats

Mooresville Home Sales Statistics

Home sales in 2015 increased 15.4% from the 2014 totals, aided by low interest rates and Millennials entering the market. It was the highest number of sales, 1517, since 2006.

The average sales price dropped slightly, .8% from the 2014 average sales price. The 2015 Mooresville average sales price was $352,212. This again can be attributed to more first time home buyers entering the market.

The median sales price increased 6.1% from the 2014 median sales price. The 2015 median sales price, $270,540 was the highest ever for the Mooresville real estate market.

The average price per square foot in Mooresville, $122, increased .8% from 2014. It was the highest sales price per square foot since 2008.

The average days on the market in Mooresville, 77, decreased 10.5% from 2014 and was the lowest marketing time since 2008. It was the 4th straight year of decreased days on the market.

If you would like to be updated on the Mooresville real estate market visit our website, MooresvilleHomePrices.com for automatic monthly market reports and daily new listing alerts and sold property notifications. Its free and it is all automatedseare

Mooresville Foreclosure Home For Sale With Basement

5 Bedroom Mooresville Foreclosure

Great opportunity in Mooresville! 5 bedroom, 4 bath ranch with basement on over half an acre! Spacious kitchen! Open floor plan! Close to Lake Norman, schools, shopping and the interstate! Priced 12% below market average.

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Call 704.657.0838 to schedule a tour.

Mooresville Real Estate Market Review of 2014

2014 Mooresville Real Estate Market Stats

Mooresville Home Sales Statistics

Home sales in 2014 dipped slightly (5.1%) from the 2013 totals, mostly because of lower inventory and higher asking prices.

The average sales price increased 11.1% from the 2013 average sales price. The average sales price, $354,735, was the highest since 2007. A significant increase and a sign that the Mooresville real estate market is near a full recovery.

The median sales price increased 7.4% from the 2013 median sales price. The 2014 median sales price was the highest since 2007.

The average price per square foot in Mooresville, $121, increased 9% from 2013. It was the highest price per square foot since 2008.

The average days on the market in Mooresville, 86, decreased 9% from 2013 and was the lowest marketing time since 2009.

If you would like to be updated on the Mooresville real estate market visit our website, MooresvilleHomePrices.com for automatic monthly market reports and daily new listing alerts and sold property notifications. Its free and it is all automated!