Aberdeen, NC

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

January 01, 2009 through to January 31, 2009 there were 06 Single Family Homes Sold. Average Sales Price $142,150. Average Days on Market (DOM) 141. During the same time frame there were 22 New Listings entering the market with the Average Asking Price $223,286.

View a full and printable version of the Housing Market Update at our website and 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
"The Pinehurst Home Team"

"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

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

Dec 01, 2008 through to Dec 31, 2008 there were 15 Single Family Homes Sold. Average Sales Price $189,292. Average Days on Market (DOM) 182. During the same time frame there were 17 New Listings entering the market with the Average Asking Price $188,000.

View the full and printable version of the Housing Market Update at our website and 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
"The Pinehurst Home Team"

"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

Prices and average days on market in Aberdeen, NC are currently holding steady. Sales in Aberdeen are down 86% compared to the fourth quarter of 2007. The current level of inventory compared to units sold in the fourth quarter is creating a higher than normal absorption rate. The high absorption rate signifies that Aberdeen is in a buyer's market.

Note: Absorption rate is used to follow market trends. It is the number of weeks it will take to sell current inventory at the rate of present sales. Absorption rates can change rapidly due to seasonal adjustments.

More than 7 months of inventory signifies a buyer's market.

5 to 7 months is a neutral market.

Less than 5 months is a seller's market.

Linda Breeding

910-690-8368

www.RealEstateInPinehurst.com

The Rooster's Wife Concert Series takes place in Aberdeen, NC at the corner of High St. & Blue St. They have a lot of incredible musicians who participate in the series all year round. John Cowan, who is a true bluegrass star, will be playing on Jan 23, 2009. For more informaiton, visit: http://www.theroosterswife.org Or call 910.944.7502. This is just one of the great events that take place in and around Pinehurst and Southern Pines, NC. Aberdeen is an eclectic community just 3 miles from Southern Pines and within an easy commute to Fort Bragg and Camp Mackall. Because Pinehurst and Southern Pines are such small communities, people who are searching for real estate in the area often express concern that the area might not offer enough cultural activities to suit them. The Rooster's Wife Concert Series is just one of many examples of the many cultural experiences that exist in the Pinehurst Area. All of the concerts and events that they have are very family oriented - especially the Summer events where you can take a picnic and watch the show from the lawn with family and friends. For information about other local events, visit McDevitt Sotheby's International Realty on the web: http://www.mcdevitttownandcountry.com for real estate info. For info about events in particular, click here: Events Calendar for this Month in Pinehurst & Southern Pines You can also call us at 910-693-7901 or toll free at 800-788-8814.

November 01, 2008 through to November 30, 2008 there were 06 Single Family Homes Sold. Average Sales Price of $244,033. Average Days on Market (DOM) was 108. During the same time there were 22 New Listings entering the market with the Average Asking Price $182,411.

View the full and printable version of the Housing Market Update at our website and 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
"The Pinehurst Home Team"

"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