2009 was a challenging year for property in the Pinehurst area MLS. We have assembled the raw 2009 sales data on this page. Market stats overall can be a little misleading, so we’ve broken the data down into segments; and we’ve included stats from 2007 and 2008 to use as benchmarks. In 2007, the market was fairly stable, but the nationwide real estate crisis finally began to hit the Pinehurst area MLS in 2008.
Each of the real estate categories below includes only Moore County sales for the applicable time period. Commercial property is NOT included in any of the following categories.
To view Pinehurst MLS stats for any of the following categories, just click on the stats you would like to review.
Single Family Home Sales
Golf Front Home Sales
Waterfront Home Sales
Condo/Townhouse Sales
Horse Farm Sales
Building Lot Sales
Acreage Sales
Single Family Home Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
# OF SALES |
LIST PRICE |
$1,799,000 |
$272,960 |
$229,950 |
|
SOLD PRICE |
$1,600,000 |
$259,615 |
$222,250 |
772 |
DAYS ON MARKET |
828 |
155 |
127 |
|
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
# OF SALES |
LIST PRICE |
$2,695,000 |
$288,294 |
$244,625 |
|
SOLD PRICE |
$2,350,000 |
$276,431 |
$235,000 |
814 |
DAYS ON MARKET |
662 |
142 |
114 |
|
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
# OF SALES |
LIST PRICE |
$1,650,000 |
$286,002 |
$239,000 |
|
SOLD PRICE |
$1,575,000 |
$276,620 |
$232,150 |
1186 |
DAYS ON MARKET |
906 |
134 |
105 |
|
These statistics include the sales of single family homes only – not including condos, town homes, horse farms or unimproved lots/land.
As of the end of 2009, there are 970 Single Family Homes on the market in Moore County.
Single Family Golf Front Home Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$1,799,000 |
$433,236 |
$361,950 |
80 |
SOLD PRICE |
$1,600,000 |
$405,847 |
$352,500 |
DAYS ON MARKET |
429 |
161 |
127 |
|
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$1,590,000 |
$418,021 |
$374,450 |
96 |
SOLD PRICE |
$1,590,000 |
$396,167 |
$350,000 |
DAYS ON MARKET |
509 |
162 |
129 |
|
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$1,595,000 |
$397,624 |
$367,000 |
166 |
SOLD PRICE |
$1,550,000 |
$383,450 |
$350,000 |
DAYS ON MARKET |
553 |
140 |
119 |
|
As of the end of 2009, there are 194 single family golf front homes on the market in Moore County.
Single Family Water Front Home Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$825,000 |
$422,493 |
$407,500 |
52 |
SOLD PRICE |
$845,000 |
$397,188 |
$395,000 |
DAYS ON MARKET |
546 |
185 |
142 |
|
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$790,000 |
$448,777 |
$419,000 |
49 |
SOLD PRICE |
$765,000 |
$423,373 |
$400,000 |
DAYS ON MARKET |
552 |
193 |
158 |
|
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE |
$1,250,000 |
$444,644 |
$368,750 |
76 |
SOLD PRICE |
$1,087,500 |
$426,961 |
$357,000 |
DAYS ON MARKET |
667 |
144 |
103 |
|
As of the end of 2009, there are 97 single family waterfront homes on the market in Moore County.
Condo & Townhouse Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$395,000 |
$198,240 |
$175,000 |
113 |
SOLD PRICE: |
$420,424 |
$190,501 |
$169,500 |
DAYS ON MARKET |
1070 |
190 |
141 |
|
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$525,999 |
$212,227 |
$184,500 |
189 |
SOLD PRICE: |
$550,522 |
$210,187 |
$177,500 |
DAYS ON MARKET |
958 |
167 |
118 |
|
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$749,000 |
$186,206 |
$172,500 |
244 |
SOLD PRICE: |
$675,000 |
$180,802 |
$169,000 |
DAYS ON MARKET |
701 |
125 |
92 |
|
As of the end of 2009, there are 209 Condos & Townhomes on the market in Moore County.
Horse Farm Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$1,550,000 |
$530,641 |
$390,897 |
12 |
SOLD PRICE: |
$1,397,500 |
$482,104 |
$371,875 |
DAYS ON MARKET |
939 |
229 |
182 |
|
Hi $ Sale |
Moss Farm Ln-12 acres, Lg House, Lg Barn, Pond |
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$2,500,000 |
$924,280 |
$717,450 |
10 |
SOLD PRICE: |
$2,285,625 |
$871,312 |
$677,500 |
DAYS ON MARKET |
1212 |
398 |
275 |
|
Hi $ Sale |
Old Mail Rd - 48 Acres with Hunt Box, Pond |
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$2,300,000 |
$798,428 |
$599,000 |
25 |
SOLD PRICE: |
$1,950,000 |
$716,074 |
$565,000 |
DAYS ON MARKET |
682 |
270 |
256 |
|
Hi $ Sale |
Van Camp Farm - Furr Rd, 66 Acres, Large Hunt Box |
At the end of 2009, there are more than 50 horse farms for sale in Moore County. This figure does not include vacant land.
Building Lot Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$425,000 |
$66,888 |
$42,000 |
111 |
SOLD PRICE: |
$425,000 |
$59,870 |
$35,500 |
DAYS ON MARKET |
1087 |
193 |
111 |
|
Highest $ Sale |
West End - Waterfront Lot at Lake Auman |
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$675,000 |
$67,507 |
$35,950 |
192 |
SOLD PRICE: |
$645,000 |
$54,916 |
$33,000 |
DAYS ON MARKET |
1688 |
178 |
102 |
|
Highest $ Sale |
Pinehurst - Golf Front at Fairwoods on 7 (on Pinehurst No. 2) |
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$525,000 |
$67,713 |
$45,000 |
412 |
SOLD PRICE: |
$482,500 |
$62,746 |
$44,000 |
DAYS ON MARKET |
2660 |
181 |
108 |
|
Highest $ Sale |
West End - Waterfront Lot at Lake Auman |
Acreage Sales
2009 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$700,000 |
$220,438 |
$152,400 |
13 |
SOLD PRICE: |
$625,000 |
$174,685 |
$136,320 |
DAYS ON MARKET |
712 |
220 |
160 |
|
Highest $ Sale |
SP- Cross Country Ln (included substantial improvements) |
|
|
|
|
|
2008 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$1,133,000 |
$316,409 |
$184,300 |
20 |
SOLD PRICE: |
$889,680 |
$272,996 |
$179,424 |
DAYS ON MARKET |
758 |
251 |
210 |
|
Highest $ Sale |
So Pines - Mile Away Farm (20.60 Acres) |
|
|
|
|
|
2007 |
HIGH |
AVERAGE |
MEDIAN |
SALES |
LIST PRICE: |
$707,275 |
$223,118 |
$174,895 |
60 |
SOLD PRICE: |
$640,270 |
$195,941 |
$160,000 |
DAYS ON MARKET |
1069 |
194 |
136 |
|
Highest $ Sale |
So Pines - Mile Away Farm |
Try our Simple Search process to search the entire Pinehurst MLS.
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If you would like to get stats for some other category or time period, please e-mail us [noel.mcdevitt@sothebysrealty.com] and we will be happy to provide customized data for you, or call at 800-788-8814.
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