Recently I did my monthly sales chart for Pinehurst NC Real estate and all of Moore County. February was slower than January and slower than February 2010.
This seems a bit worse than it is. Yes it is true that prices were down and overall unit sales of residential sales were down. What this chart doesn’t show is the current activity and that is looking good.
Due to our MLS and the way it reports pending sales it is hard to say exactly how many pending sales we had in Pinehurst for February and now March. I can tell you from watching the daily activity that pending sales are up and we should see this reflected in the March and April sales for the area.
It is helpful to watch historical trends. Looking to the future and possible growth is also important. So if you deciding to purchase or sell in the Pinehurst NC real estate market – there are opportunities for both buyers and sellers.