The number of Mooresville listings peaked at 183 in April of 2011. Since then, there has been a steady downward trend in the number of homes listed for sale in Mooresville. Most recently, the Mooresville real estate market saw a 1.2-percent decrease in total listings, from 170 in August to 168 in September, 2011. While this is less than half the decrease in listings that the Indianapolis real estate market recorded it is nevertheless a good thing for anyone trying to sell a home, since it represents less competition in a market that already has too many homes. At this point, any reduction in inventory is a good thing for the market. September’s total of 168 listings represents an even greater 11.6-percent decrease in listings versus 1 year ago during this same month. What’s more, there were 11 percent fewer homes on the market per month from July through September of this year relative to this same quarter 1 year ago, or 170 versus 191 respectively.
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