Real Estate sales data from the Pinehurst ~ Southern Pines Area Association of Realtor's MLS indicates that the sales of homes in Moore County and the Pinehurst, NC area is still active.
Comparing the same time periods, partial 4th quarter numbers of 10/01/2006 to 12/09/2006 compared to 10/01/2007 to 12/09/2007, shows sold single family homes impressive numbers considering the economic concerns affecting other areas of the country.
The trial time period was chosen to take the worst of 2007 in normal seasonal slowdown and add the worst of the economic news and events and compare that with the same period of a strong market the prior year to try evaluate actual current market conditions in the Pinehurst, Southern Pines area by all reported homes sold for this period in Moore County and recorded by the Pinehurst ~ Southern Pines Area Association of Realtor's MLS.
The average sales priced increased from $270,562 to $283,145 but it took 18 days longer on average to sell. The medium sold price went from $229,900 to $243,250 but again took 21 days longer to sell.
Total sales prices declined from just under 60 million to just over 51.5 million and total number if units sold also declined during the same time period as would be expected.
All in all, ‘America's Home of Golf', Pinehurst, North Carolina remains a great place to live and to invest.
To think that ‘Pinehurst', NC is touted as the 3rd most popular Golf Destination in the WORLD, if you are looking for a great location for a second home, a home to retire in or a place to just call home then Pinehurst or any area of Moore County needs to be considered.
To see what real estate or home Pinehurst, Southern Pines, Seven Lakes, Whispering Pines or Moore County has that you may be of interest to you, please stop by our Pinehurst, NC Real Estate web site.
Fore!
Don Price
Broker
Advanced Real Estate Services & Staging
Pinehurst, NC
PinehurstHomes@gmail.com
info@PinehurstListings.com
http://www.pinehurstlistings.com/
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