Market Update for Mooresville NC ...September Stats Are In !!

Mooresville NC Real Estate

There was a total of 59 closed sales in Mooresville from September1 to September 31, 2008 compared to 86 properties for the same time period in 2007.  The average sales price for September  2008 was $363,365 as compared to an average selling price of $365,329 in September of 2007, a percentage decrease of 1%. The average number of days a house was on the market in September of 2008 was 132 as compared to the same period in 2007 when the average number of days on market was 102, an increase of 22% .There are currently 1105 homes for sale in Mooresville. Considering both the large inventory of homes & the length of days on market increasing buyers have the ability to get a great deal on a new home. Prices have remained relatively stable while the rest of the national market  is more volatile supporting our belief that the local real estate market here in the Lake Norman area has had a solid appreciation & property values remain stable.This is a great time to buy a new home!