Below you will find some sales statistics for Moore County NC with breakdowns for single family homes and condos, as well as period comparisons for the month of May and YTD for 2007 and 2008. Yes, YTD sales volume is certainly down. However, it appears that in May we are starting to close the gap (20% lower than last May vs. the 30% YTD comparison). Despite all the negative talk thanks to the media, it appears Moore County home prices are faring very well.
May ‘08 May '07 YTD '08 Same ‘07
Moore County Single Family
# Units Sold 89 112 352 506
Average Price $312,706 $264,132 $277,249 $273,535
Avg. Days on Market 159 132 143 141
Moore County Condos
# Units Sold 20 24 86 97
Average Price $191,429 $151,558 $199,965 $171,066
Avg. Days on Market 175 85 172 152
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 5/31/08.
Comments(0)