Saturday, February 9, 2008

Pinehurst Real Estate:
Standing Tall During Trying Times
Golf Really Does Rule!

By: Don Price
Advanced Real Estate Services & Staging
910.603.7445
info@ARES-S.com


Pinehurst area real estate appears to be beating the odds and standing tall compared to real estate news from the rest of the country. Our Pinehurst Real Estate Listings website has been receiving large increases in monthly traffic and a check on those visitors shows people conducting searches for all property types and locations, an increase the past 3 months over the proceeding 3months and traffic appears to be still increasing.

Three of the most active and popular communities covering a broad range of home size, price and lifestyles are Village Acres of Pinehurst the most moderately priced neighborhood, Pinehurst # 6 drawing the middle spot, and finally Pinewild Country Club, a gated golf community bordering The Village of Pinehurst.

Village Acres of Pinehurst ~ Real Estate

Searches for Homes and Building Lots in Village Acres of Pinehurst, a moderately priced neighborhood with approximately 1400 total lots with 800 plus Homes having already been built, continues to lead the way in this category. Homes range from the low $100,000s for small cottage and ranch styles to the $300,000 range and increasing for the newer and larger homes. A perfect place to live or invest and still be in Pinehurst, NC ~ The Golf Capital of The World. Village Acres’ history includes being called the ‘Gun Club’ from when Pinehurst Resort once offered their guests shooting as part of their activities and hired the famous pioneer lady marksman, Annie Oakley, as an expert instructor and for her celebrity draw. Now Village Acres of Pinehurst partially surrounds and borders the Pinehurst Centennial Golf Course #8 and is home to a diverse population which includes retirees to young families raising their children. See what Village Acres real estate ~ homes and building lots are available now.

Data from the Pinehurst Southern Pines Area Association of REALTORS® MLS shows remarkable price stability and steady absorption, with new speculative homes still being built.

Pinehurst #6 ~ Real Estate

Our websites also show an increase in property searches for homes and building lots in Pinehurst #6, the neighborhood just across 15/501 from Village Acres. Pinehurst #6 is a beautiful non gated golf community with similar diversity of the residents with somewhat larger homes and higher average sales price. Homes sold over the past year have maintained their value and the market is absorbing them at a steady rate. Many people who began being a Pinehurst residence in Village Acres have moved to Pinehurst #6 or Pinewild Country Club, our last community to cover. See what Pinehurst #6 real estate ~ homes and building lots are available in now.


Pinewild Country Club of Pinehurst ~ Real Estate

Pinewild Country Club is a fantastic and beautiful Gated Golf Community currently bordering ‘The Village of Pinehurst’ and may even become a part of ‘The Village’ at some point. Either way Pinewild Country Club of Pinehurst will remain a premier gated golfing community with all the extras you would expect in a dream golf club community. Pinewild offers 2 Championship Golf Courses, a 9 hole Par 3 Course and Great Golf Academy along with other club activities.

The Homes of Pinewild are situated on large lovely lots and are in keeping in size and value with what one would expect in a premier gated golfing community. Pricing starts around the $300,000 range and goes to well over the $1,000,000 mark depending on what is on the market at any given time. With an average sales price of around $490,000 and median price around $467,000 Pinewild is still developing at a steady pace. See what Pinewild real estate ~ homes and building lots are available in now.


Pinehurst Area Real Estate in General

While I purposely covered a variety of communities today that represent a broad range of types and values, these are only shinning examples of the types of real estate opportunities, homes and golf club homes available in the Pinehurst, North Carolina area. If you would like to learn more about Golf Club Homes and Communities in and around Pinehurst please just send me an email with enough information about your desires so I can respond as soon as possible with your answer(s).

Bases for Conclusions

The bases for the above conclusions are based on information extracted from the Pinehurst Southern Pines Area Association of REALTORS Multiple Listing Service of which I belong. Periods for comparisons were January 1, 2006 through December 31, 2006 and January 1, 2007 through December 31, 2007.
In my opinion the data showed remarkable market strength by homes holding and even increasing in value, days on market actually improved overall (less time to sell) over a whole years period even though the comparative time periods showed a decrease in the number of homes sold. Current trends do show a more cautious market, but still a healthy market.

Website(s) Activity

There are many factors that led to our websites’ increase in overall traffic including age of our sites, SEO, website development and our focusing on increasing the traffic. The bases of this report is factored more on the increase and change of our viewers search criteria during the recent past to current trend which we tend to believe is a result of the current efforts to stimulate the economy, the time of the year (selling season is right around the corner), pent up demand of people wanting to move here, people knowing what a good value real estate is in the Pinehurst area and people just trying to time the real estate market preparing to make a move. Nonetheless, real estate is still being bought and sold in the Pinehurst area in a healthy fashion.


Advanced Real Estate Services & Staging

Buyers of Pinehurst area Real Estate

Currently we will work as a Buyer’s Agent for 2% of the home selling price, which is far below the market average. Any amount of overage, typically around 1% or $1,000 for every $100,000 of the purchase price, will be credited back to you at closing. Similar low rates for building lots and land.


Pinehurst area home, building lot and land sellers

If you have a Home, Building Lot or land and you are going to be placing it on the market, we will list your home for 4.5% of the selling price and actually do more in getting your home prepared to market then any real estate firm we know of, and we’ll list most Building Lots and Land at 8%. See what we can offer you for less

Email us or call us if we can be of help in any way.




Don Price
Advanced Real Estate Services & Staging
Owner/Broker
910.603.7445
info@ARES-S.com
www.PinehurstListings.com

Mailing Address
325 Longleaf Dr W
Pinehurst, NC 28374