Archive for March, 2008

Looking for a quick commute to Fort Bragg? Check out current listings in Vass!

Sunday, March 30th, 2008

Are you looking for a single family home in a more rural setting?  Are you or your spouse in the military and do you want a quick commute to Ft. Bragg?  Perhaps you’re searching for a gated golf and lake community in NC.  Click here to learn why many Moore County home searchers are giving serious consideration to Vass.

Condos and Townhomes in Pinehurst and Southern Pines

Sunday, March 30th, 2008

Whether you are looking for a primary residence or second home, there are many options to consider in the Moore County home market. Is a golf membership important to you? Do you short-term rental income? What is your price range? Click here to learn more about condo options in Pinehurst and Southern Pines and to search current available properties.

Seven Lakes West, a Very Popular Moore County Gated Lake and Golf Community!

Tuesday, March 25th, 2008

Seven Lakes West is a gated community located about 12 miles west of Pinehurst in Seven Lakes, NC.  Many Moore County home searchers who are looking for both water and golf gravitate to Seven Lakes West.   But you will also find golf front and equestrian properties within this popular 3,000 acre master-planned community. 

Click here for more details and to see current listings inside Seven Lakes West!

Pinehurst and Moore County Market Updates YTD ’08 versus ’07

Wednesday, March 5th, 2008

Below you’ll find sales statistics for Jan.-Feb. of 2008 vs. the same period prior year. It seems our entire market is down significantly in volume of sales. The decline is more significant than the calendar year ’08 vs. ’07 stats (see earlier blog). The data also shows a more significant decline in single family home average sold prices. However, we continue to see an increase in average sales price of condos, and Pinehurst single family average sold prices are holding firm.  Data from the Pinehurst-Southern Pines MLS as of March 5, 2008.

Pinehurst Sales

                                    1/1/08 to 2/29/08         1/1/07 to 2/28/07

Single Family

# Units Sold                            38                                48

Average Price                  $308,000                     $307,000

Condos

# Units Sold                            7                                 20

Average Price                  $214,000                     $144,000

Moore County Sales

Single Family

# Units Sold                           119                              171

Average Price                  $252,000                     $271,000

Condos

# Units Sold                            26                                36

Average Price                  $180,000                     $161,000