The Pinehurst Area - Moore County Market is in full swing - just like the US Open!

We are experiencing a steady growth in the number of sales, the price of homes in the market and a slight reduction in residential inventory.  We have had homes purchased "sight unseen" and the buyers were very happy with their decision to act so swiftly.  

We do advise that the buyer exercise complete due diligence to make sure that the house is sound, meets their needs and the financing is able to be accomplished.

For a market snapshot that delivers the information...see the table below or download a detailed report here. 

Summary YTD 2017 YTD 2016 %CHG
Absorption Rate 7.2 9.46 -23.89
Average List Price $338,355 $337,756 0.18
Median List Price $279,000 $269,000 3.72
Average Sale Price $266,066 $248,047 7.26
Median Sale Price $243,900 $234,900 3.83
Average CDOM 185 200 -7.5
Median CDOM 118 154 -23.38