Pinehurst - Southern Pines Real Estate Blog

Community Profile

Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

February 01, 2010 through to February 28, 2010 there were 12 Single Family Homes Sold. Average Sales Price of $216,500. Average Days on Market (DOM) was 147. During the same time there were 40 New Listings entering the market with the Average Asking Price $327,244.  Currently there are 61 homes listed sale for sale with the Average Asking Price $329,100

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

• Search the MLS to view all available properties
• Request a free Relocation Report

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

 Member of the Real Estate Intelligence Network 

"The friendship and referrals of those we serve is the foundation of our success." 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located minutes away from a top ranked medical facility, First Health Moore Regional Hospital, an exceptional medical facility, which is one of many valid reasons to the Seven Lakes area in beautiful Moore County, North Carolina.

Housing Market Update

February 01, 2010 through to February 28, 2010 there were 09 Single Family Homes Sold. Average Sales Price of $297,166. Average Days on Market (DOM) was 204. During the same time there were 21 New Listings entering the market with the Average Asking Price $285,019.  Currently there are 110 homes listed sale for sale with the Average Asking Price $317,060.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

• Search the MLS to view all available properties
• Request a free Relocation Report

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

 Member of the Real Estate Intelligence Network 

"The friendship and referrals of those we serve is the foundation of our success." 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Forth Quarter Home prices rose in more than a third of U.S. metropolitan areas according to the National Association of Realtors (NAR), pointing to a "broad stabilization" in property values.

Median price for single-family home sales was up from a year earlier in 67 of the 151 U.S. metropolitan areas included in the trade group's quarterly survey. Housing analysts say the home-price trend depends heavily on any recovery in the job market and on the pace of foreclosures.

Click here to view Median Home Prices by Metro Area                                         

The national median price for single-family homes was $172,900 in the fourth quarter, down 4.1% from a year earlier. That was the smallest decline in more than two years.

Among metro areas showing the biggest gains from a year earlier were Cleveland (25%), Akron, Ohio, (23%) and San Francisco (13%). Those increases don't denote a general surge in home values but rather show that sales of foreclosed homes at fire-sale prices made up a smaller percentage of overall sales than they did a year earlier.

Areas showing big price declines included Las Vegas and Ocala, Fla., (both down 23%) and Orlando (down 20%).

Foreclosures dominated some markets a year ago. Nationwide, "distressed property," including foreclosures and homes at risk of foreclosure, accounted for 32% of fourth-quarter transactions, down from 37% a year earlier, NAR estimated.

Median condominium resale prices in the quarter for 54 metro areas surveyed was $177,300, down 4.8% from a year earlier. Eleven of the metro areas showed higher condo prices, and the rest showed declines.

Click here to view Median Home Prices in the Pinehurst - Southern Pines North Carolina area.

Search the Pinehurst Southern Pines MLS for all available properties matching your criteria.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

 Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Connecting with the NC Home Team is a snap!

Community Profile

Moore County is located in North Carolina and as of 2000, the population was 74,769. The county seat is Carthage.

Founded in 1784, it was named for Alfred Moore, an officer in the American Revolutionary War and associate justice of the Supreme Court of the United States.

Moore County has many golf resorts in the Southern Pines/Pinehurst area, and has played host to the 1996 and 2001 Women's U.S. Opens as well as the 1999 and 2005 Men's U.S. Opens. The Women's Open returned to Southern Pines in 2007.

As a result of the area's rare combination of prestige and isolation, many celebrities escape to this area from time to time. Among those who frequent or have private homes in the area are Michael Jordan, Tiger Woods, Jack Nicklaus, and Sean Connery. Past residents of the area include Annie Oakley, Adlai Stevenson, Harvey Firestone, and John D. Rockefeller.

According to the U.S. Census Bureau, the county has a total area of 1,828 km² (706 sq mi). 1,807 km² (698 sq mi) of it is land and 21 km² (8 sq mi) of it (1.13%) is water.

As of the census² of 2000, there were 74,769 people, 30,713 households, and 21,959 families residing in the county. The population density was 41/km² (107/sq mi). There were 35,151 housing units at an average density of 19/km² (50/sq mi). The racial makeup of the county was 80.25% White, 15.50% Black or African American, 0.68% Native American, 0.44% Asian, 0.05% Pacific Islander, 2.20% from other races, and 0.88% from two or more races. 3.99% of the population were Hispanic or Latino of any race.

By 2005 78.0% of the county population was non-Hispanic whites. 5.1% of the population was Latino. 14.8% of the population was African-American.

There were 30,713 households out of which 26.70% had children under the age of 18 living with them, 58.10% were married couples living together, 10.20% had a female householder with no husband present, and 28.50% were non-families. 24.90% of all households were made up of individuals and 11.30% had someone living alone who was 65 years of age or older. The average household size was 2.38 and the average family size was 2.81.

In the county the population was spread out with 22.10% under the age of 18, 6.60% from 18 to 24, 25.80% from 25 to 44, 23.80% from 45 to 64, and 21.80% who were 65 years of age or older. The median age was 42 years. For every 100 females there were 93.00 males. For every 100 females age 18 and over, there were 89.80 males.

The median income for a household in the county was $41,240, and the median income for a family was $48,492. Males had a median income of $31,260 versus $23,526 for females. The per capita income for the county was $23,377. About 8.00% of families and 11.40% of the population were below the poverty line, including 16.60% of those under age 18 and 10.10% of those age 65 or over.

Cities and towns found in Moore County include: Cameron, Carthage, Foxfire, Pinebluff, Pinehurst, Robbins, Seven Lakes, Southern Pines, Taylortown, Vass, West End and Whispering Pines.

Housing Market Update

August 01, 2009 through to August 31, 2009 there were 02 Single Family Homes Sold. Average Sales Price $263,500 Average Days on Market (DOM) 196. During the same time frame there were 03 New Listings entering the market with the Average Asking Price $446,666.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Community Profile

Aberdeen, NC is a pleasant town nestled among long leaf pines and world renowned golf. Originally named Blue's Crossing, Aberdeen was settled in the 1700's by Scottish emigrants and today is the delight of railroad buffs, historians, artists and golfers. Aberdeen's National Register historic district features antiques, collectibles, art exhibits, unique gift shops and cafes where the charm of another century lives on as you stroll down the sidewalks of this quaint little railroad town steeped in history.

Housing Market Update

August 01, 2009 through to August 31, 2009 there were 10 Single Family Homes Sold. Average Sales Price $194,345. Average Days on Market (DOM) 136. During the same time frame there were 20 New Listings entering the market with the Average Asking Price $236,450. 

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog