Sales Decline in Pinehurst Real Estate Market

In this week's report, the number of homes sold in the Pinehurst market slid to 10 over the past 30 days, a decrease of 9.1% from last week's report, but still above the monthly average. Meanwhile, close-by Lowell reported 91 homes sales, the highest number from all the surrounding cities. Prices are rising in Pinehurst, and the median sales price this period increased from $445,000 to $455,000. In spite of the decrease in sales, a low one month of inventory signals that Pinehurst is a strong seller's market.

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$474K   $529K   $469K  

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Demographic facts about Pinehurst:

  • The rating for this area for population growth is 50. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 475.4 physicians.
  • This area has a health cost index score of 124.1. (100 = national average)
  • Residents who travel to work by car account for 85.7% of all commuters, while carpools account for 8.8%, and public transit makes up 2.5%.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Scott Gregory Group
4 reviews
Laer Realty Partners
Snapped 1 home in this area

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