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Property Values in Southern Pines, NC - September 2010

By
Real Estate Agent with Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC

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Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

August 01, 2010 through to August 31, 2010 there were 09 Single Family Homes Sold. Average Sales Price of $268,877. Average Days on Market (DOM) was 113. During the same time there were 21 New Listings entering the market with the Average Asking Price $289,019. Currently there are 178 homes listed sale for sale with the Average Asking Price $429,025

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

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Andy Leung
Team Leung-Keller Williams - Greensboro, NC
The Power to Move You!

Thanks for the information.  Do you see your solds going up or down compared to last year?

Sep 03, 2010 10:03 AM
Wayne and Lynda Gomillion
Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC - Pinehurst, NC

Andy, thank you for your interest and inquiry...

The numbers indicactive a positive trend for homes sold in Southern Pines and Moore County.

Single Family Homes

Southern Pines, NC
2009 Jan 01 - Sept 04 |  90 Units Sold; Avg Sold Price: $263,663; 152 DOM
2010 Jan 01 - Sept 04 | 107 Units Sold; Avg Sold Price: $281,354; 159 DOM

Moore County, NC
2009 Jan 01 - Sept 04 | 510 Units Sold; Avg Sold Price: $253,406; 154 DOM
2010 Jan 01 - Sept 04 | 573 Units Sold; Avg Sold Price: $256,556; 175 DOM

With highest regard,

Wayne and Lynda Gomillion

Sep 04, 2010 05:11 AM