Property Values in Southern Pines, NC - December 2010

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

November 01, 2010 through to November 30, 2010 there were 09 Single Family Homes Sold. The Average Sales Price of $311,955. Average Days on Market (DOM) was 148. During the same time there were 21 New Listings entering the market with the Average Asking Price $439,314.  Currently there are 162 homes listed sale for sale and the Average Asking Price $418,621.

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