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Moore County Home Sale Statistics as of March 31st 2008 | Moore County NC Real Estate

By
Real Estate Agent with The Pines Realty

A hot topic of late is how bad the real estate market is throughout many parts of the country.  The truth is, most markets are actually faring very well.  As is usually the case, our media gets a hold of stories and runs with them.  An increase in home foreclosures in some markets is automatically interpreted as a nationwide, uncontrollable epidemic! In any case, Moore County, NC is one of many markets doing just fine.  The information below certainly shows volume has slowed, but the sales price data show that homes in Moore County are retaining values and, in most instances, increasing in value.  Click here to see the same data for Pinehurst.

                                                    March ‘08      March '07            YTD '08         Same ‘07

Moore County Single Family

# Units Sold                                  67                      97                   187                    269

Average Price                         $288,500           $262,801        $264,764       $268,672

Avg. Days on Market                  122                    137                  138                  141

   

Moore County Condos

# Units Sold                                  15                     20                    45                        56            

Average Price                          $237,912           $197,378        $218,226        $174,047

Avg. Days on Market                   90                     209                  172                  152

 

Information provided by Broker/REALTOR® Todd Kenthack, owner  of The Pines Realty at (910) 603-9050 or by email at Todd@GolfHomesInPinehurst.com.

Source: Pinehurst-Southern Pines MLS as of 4/3/08.

 

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