If you’re a serious buyer researching homes in Pinehurst, you will be interested in the statistics below.  The Pinehurst real estate market has truly become a buyer’s market, whether you are searching for a home or land.  Although homes in Pinehurst are continuing to appreciate, there is a much larger inventory and a declining trend in sales.  That said, real estate in Pinehurst is still faring much better versus many other markets across the country. 

Pinehurst Area Real Estate Statistics (annual stats. through August 25^th of each yr. taken from Pinehurst-Southern Pines MLS)

Moore County Home Sales 

Year                 Listed               Sold                 Avg. Sale Price

’05                   1,190               1,166                  $232,066                          

’06                   1,322               1,193                  $253,000                          

’07                   2,054               1,092                  $262,150                          

Year                 Listed               Sold                 Avg. Sale Price

’05                   615                  610                      $75,618                           

’06                   683                  576                      $71,712

’07                   878                  381                      $80,602

This entry was posted on Monday, August 27th, 2007 at 8:58 am and is filed under Pinehurst Home Sales, Pinehurst Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.