Southern Pines, NC

Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

April 01, 2011 through to April 30, 2011 there were 11 Single Family Homes Sold. Average Sales Price of $281,727. Average Days on Market (DOM) was 76. During the same time there were 24 New Listings entering the market with the Average Asking Price $330,483. Currently there are 194 homes listed sale for sale with the Average Asking Price $399,853.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

• Search the MLS to view all available properties
• Request a free Relocation Report

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in Real Estate

Member of the Real Estate Intelligence Network

"The friendship and referrals of those we serve is the foundation of our success."

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

Here are the 2009 & 2010 Market Snapshots for homes SOLD in Southern Pines. These numbers include Single Family Residential and Horse Farms. The DOM (Days on Market) are a little higher than you might expect because of the Horse Farms. Typically, a Horse Farm will take longer to sell because the Buyer's Market for that product is considerably smaller than the Buyer's Market for Single Family Residential. (Just a little common Horse Sense!)

These numbers actually make me HAPPY! Take a look below, the Average Sold Price for 2010 was higher than 2009!!! That is a very good sign! The overall numbers for both years are very similar as were the Pinehurst Stats that I posted yesterday.

Here are the overall numbers for Single Family Homes & Horse Farms Sold in Southern Pines in 2009:

AND

Here are the overall numbers for Single Family Homes & Horse Farms Sold in Southern Pines in 2010:

My thoughts are, that we may see a decrease in the Average Sold Price (not much) in 2011 because there just isn't enough New Construction going on to bring up the prices.

If you are in the market to Buy, Sell or Build...I can help.

*These stats were pulled directly from the Pinehurst-Southern Pines Area Association of Realtors Multiple Listing Service.

Every year Southern Pines just next door to Pinehurst decorates the streets with Christmas trees designed by local merchants.

Right next to Pinehurst is the Town of Southern Pines and the businesses and town decorate trees that are placed along the sidewalks of this quaint small town. It is hard to see the little basket next to the white sign in front of the administration building in Southern Pines, but there is a basket with dog cookies wrapped in bows for residents walking their dogs along the town streets.

Some of the trees have gift tags for people to buy gifts for children who probably would not get much for Christmas otherwise. Other trees are decorated to match the front of the store on which they are placed.

Each year these trees are placed on the streets of Southern Pines - A quaint town neighboring Pinehurst. The shops are filled with all kinds of gift ideas. To see more of these trees - visit my Facebook Page.

FREE MOVIE!!!

The Sunrise Theater in Downtown Southern Pines is showing a holiday favorite, A CHRISTMAS STORY, this Thursday & Friday for FREE!

Bring the kids for this special showing on the big screen AND there will also be a SPECIAL GUEST APPEARANCE BY, the BIG GUY himself, SANTA before each showing.

Showings are: Thursday (12/23) at 7:30pm and Friday (12/24) at 2:30pm.

Shhh - don't tell the little ones, but he has some goodies!

For more information, visit www.SunriseTheater.com or call 910-692-8501. Sunrise Theater is located at 250 NW Broad Street in Downtown Southern Pines.

Sunrise Theater on Facebook

Southern Pines, North Carolina is a jewel of the South and widely known for its flourishing equestrian community as well as the relaxing rhythm and eclectic mix of quaint to sophisticated shopping and dining experiences. Southern Pines offers something for everyone with personal residences ranging from upscale family sized homes in quiet and gracious neighborhoods to somewhat smaller scaled homes, suitable for empty nesters, active retirees and first time home buyers. As you leave the tree lined streets of the business community you'll discover the area locals refer to as "horse country" and there you find a collection of over 400 horse farms of various sizes, in one of the major equestrian centers in the eastern United States. Whether youre interested in golfing communities, equestrian properties or an active retiree venue, Southern Pines, North Carolina is definitely worth your time.

Housing Market Update

November 01, 2010 through to November 30, 2010 there were 09 Single Family Homes Sold. The Average Sales Price of $311,955. Average Days on Market (DOM) was 148. During the same time there were 21 New Listings entering the market with the Average Asking Price $439,314. Currently there are 162 homes listed sale for sale and the Average Asking Price $418,621.

View a full and printable version of the Housing Market Update at our website and please contact us with your questions, comments and referrals.

• Search the MLS to view all available properties
• Request a free Relocation Report

Thank you for your interest and the privilege of serving you!

With our highest regard,

Wayne and Lynda Gomillion
Trusted Names in Real Estate

Member of the Real Estate Intelligence Network

"The friendship and referrals of those we serve is the foundation of our success."

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog