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Berkshire Hathaway HomeServices Pinehurst Realty Group Market Report for Residential Sales in the greater Pinehurst, NC area from Jan to July 2014. www.bhhsprg.com
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Moore County Residential Market Report
January – July 2014
Moore County Residential Market Report
Jan – July 2014
www.bhhsprg.com
Market Tracker Homes Sold by Price Range
The statistics presented in this report are compiled based on figures and data generated by the PSP-MLS. Due to possible reporting inconsistencies,
Days on Market (DOM) should be used to analyze trends only. Property and statistical data is derived from the PSP-MLS and is solely for your
personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified.
All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.
Residential Units Sold – Moore County
Average Days on the Market for Active and Sold homes in Moore County we have almost even averaging – a good sign to see these days around the 160 to 180 mark.
Number of Residential Units Sold in Moore County is on the rise since the slow start to the beginning of 2014. This number tends to retract in the final quarter of the year.
Average Days on the Market – Residential Properties
www.bhhsprg.com Market Report
Homes Sold by Price Range
The statistics presented in this report are compiled based on figures and data generated by the PSP-MLS. Due to possible reporting inconsistencies,
Days on Market (DOM) should be used to analyze trends only. Property and statistical data is derived from the PSP-MLS and is solely for your
personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified.
All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.
Moore County Absorption Rate – Residential Properties
Sold Price vs. Listings Sold – this graph shows the median and average prices for the homes sold in Moore County from Jan – July 2014. A slight rise in the prices indicates an improved market.
Absorption Rate – to determine the absorption rate we calculate the number of homes sold within a period of time and the results indicate the number of months it takes to sell the inventory. A six month rate is the sign of a healthy market. We are moving in the right direction.
Moore County Sold Price vs. Listings Sold – Residential Properties
www.bhhsprg.com Market Report
www.bhhsprg.com Market Report
Moore County Area Market Report – Residential Sales Comparisons (January - July) 2014. 2013, 2012
More specific analysis is available from our Sales Associates for geographic areas, subdivisions, types of properties and other
variations to help our clients understand market trends in the Moore County marketplace. • 910-295-5504 Pinehurst Office
• 910-692-2635 Southern Pines Office
Year 2014 2013 2012
Total Sold 793 810 576
Days on Market 170 183 193
List Price $261,796 $258,752 $264,250
Sold Price $250,852 $246,999 $250,474
0 50 100 150 200 250 300 350
1 - 100,000
101 -200
201 - 300
301 - 400
401 - 500
501 - 600
601 - 700
701 - 800
801 - 900
901 - 1,000
1,001 - 1.5 ml
1.5 mil +
2013
2014
Price Range 2014 2013
1 - 100,000 77 69
101 -200 249 288
201 - 300 278 248
301 - 400 107 122
401 - 500 44 38
501 - 600 13 16
601 - 700 9 17
701 - 800 2 4
801 - 900 5 2
901 - 1,000 6 2
1,001 - 1.5 ml 2 2
1.5 mil + 1 0
Number of Units Sold by Price Range (January - July) 2014, 2013
Days on Market Comparisons by Price Range (January - July) 2014. 2013
0 500 1000
1 - 100,000
101 -200
201 - 300
301 - 400
401 - 500
501 - 600
601 - 700
701 - 800
801 - 900
901 - 1,000
1,001 - 1.5 ml
1.5 mil +
2013
2014
Price Range 2014 2013
1 - 100,000 157 188
101 -200 162 169
201 - 300 162 163
301 - 400 163 211
401 - 500 198 190
501 - 600 275 240
601 - 700 364 250
701 - 800 156 271
801 - 900 306 911
901 - 1,000 288 75
1,001 - 1.5 ml 154 815
1.5 mil + 287 0
Moore County Residential Market Report
January – July 2014
Moore County Residential Market Report
Jan – July 2014
WORKING WITH BHHS Pinehurst Realty Group
•Recognized for Quality and Superior Service
•No other real estate competitor can match the wealth of resources and marketing advantages of Berkshire
Hathaway HomeServices
Our company proudly offers:
•Worldwide Brand recognition
•Exclusive benefits and tools of Online Seller Advantage®
•Unparalleled expertise and service of a Berkshire Hathaway HomeServices Listing Specialist
The Brand’s association with premium quality is among its most important assets. This is why only select
companies that meet the most demanding of criteria are invited to join the Berkshire Hathaway
HomeServices Network. Berkshire Hathaway Pinehurst Realty Group has been affiliated with the
Network since April of 2014 and Prudential Real Estate since 1995. In addition, only sales professionals who
meet our Brand’s exacting professional standards for home marketing and sales experience, negotiation skills
and market knowledge may earn the prestigious Berkshire Hathaway HomeServices Pinehurst Realty Group
Listing Specialist designation.
In today’s real estate market, it is crucial that you work with a proven company that has professionals you
can not only trust, but who are guaranteed to go above and beyond to deliver you the best possible real
estate experience. This is why you should hire Berkshire Hathaway HomeServices Pinehurst Realty
Group
Moore County Residential Market Report
January – July 2014
Moore County Residential Market Report
Jan – July 2014
Two Offices to
serve you!
Pinehurst
• Village Ct Bldg.
• 910 295 5504
Southern Pines
• Corner Illinois &
Broad
• 910 692 2635
www.bhhsprg.com
