Luxury Homes Market Watch in Mooresville, North Carolina

Mooresville’s larger geography continued to offer more options for buyers than its more land-constrained neighboring communities. Two hundred forty-two homes sold in the luxury segments vs. 188 last year, and the $1 million range spiked as 48 homes closed between $1 million and $2 million in list price, a 50% increase over last year’s Q2. The area also reported 160 homes under pending contract with just 139 active listings, reducing inventory to about 30 days sell-through.

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