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Market Conditions in Southern Pines : Real Estate Advice

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  • Local Info3
  • Home Buying12
  • Home Selling1
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Activity 3
Wed Sep 4, 2013
Jill Ford answered:
Are you asking for information about market conditions is Southern PInes. Generally speaking, we have enjoyed a strong uptick in unit sales, and average prices seem to have bounced off a bottom.
It is not clear from your question, but if you would like specific detailed info, I would be happy to provide you with a report on market activity in Southern Pines and the surrounding area.
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Tue Nov 20, 2012
Pmahony answered:
From the people I know who have listed farms, their attitude is one of "if it sells, it sells. Otherwise we are happy to stay here". People do not tend to move in and out of SP like they might do in other areas. If you have been here for less than 15 - 20 years, you are a newcomer. :O)

I am sure that there are sellers who need to sell and will negotiate, but SP is such a unique place (near major cities, but still in the country with a darling downtown). All the big markets, car dealers and fast food chains are in Aberdeen, thus allowing SP to retain the same feel it has had for decades.

And, yes the Foundation... 4000 acres to ride in and enjoy. Not something that other horsey areas have.

My mom died in 2009 and her farm was sold in 2010. The farm had been appraised in 2007 at $2m, and we got about $1.6m, so about 20% down. It sold within 2 weeks at that price.
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Thu Dec 20, 2007
Lynne Legallais asked:
Which Golf course locations are considered the best to invest for residential housing.
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