Market Report by Berkshire Hathaway HomeServices Pinehurst Realty Group - Luxury Div - Jan to July 2

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Berkshire Hathaway HomeServices Pinehurst Realty Group – Luxury Division $500,000 - $3,000,000 January – July 2014 The leader in Luxury Home Sales for over 40 Years


www.bhhsprg.com

Market Report

Moore County Area Multiple Listing Report – Residential Properties - $500,000 to $3,000,000 January - July 2014

Homes Sold by Price Range

Residential Units Sold – Moore County

The statistics presented in this report are compiled based on figures and data generated by the PSP-MLS. Due to possible reporting inconsistencies, Days on Market (DOM) should be used to analyze trends only. Property and statistical data is derived from the PSP-MLS and is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.


www.bhhsprg.com

Market Report

Moore County Area Multiple Listing Report – Residential Properties - $500,000 to $3,000,000 January - July 2014

Homes Sold by Price Range

Moore County Absorption Rate – Residential Properties $500,000 - $3,000,000

The statistics presented in this report are compiled based on figures and data generated by the PSP-MLS. Due to possible reporting inconsistencies, Days on Market (DOM) should be used to analyze trends only. Property and statistical data is derived from the PSP-MLS and is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.


Market Report

www.bhhsprg.com

Moore County Area Market Report – Residential Sales Comparisons (January - July) 2014. 2013, 2012 Year Total Sold Days on Market List Price Sold Price

2014 793 170

2013 810 183

2012 576 193

$261,796 $250,852

$258,752 $246,999

$264,250 $250,474

Number of Units Sold by Price Range (January - July) 2014, 2013 Price Range 1 - 100,000 101 -200 201 - 300 301 - 400 401 - 500 501 - 600 601 - 700 701 - 800 801 - 900 901 - 1,000 1,001 - 1.5 ml 1.5 mil +

2014 77 249 278 107 44 13 9 2 5 6 2 1

2013 69 288 248 122 38 16 17 4 2 2 2 0

1.5 mil + 1,001 - 1.5 ml 901 - 1,000 801 - 900 701 - 800 601 - 700 501 - 600 401 - 500 301 - 400 201 - 300 101 -200 1 - 100,000

2013

2014

0

50

100

150

200

250

300

350

Days on Market Comparisons by Price Range (January - July) 2014. 2013 1.5 mil + 1,001 - 1.5 ml 901 - 1,000 801 - 900 701 - 800 601 - 700 501 - 600 401 - 500 301 - 400 201 - 300 101 -200 1 - 100,000

2013 2014

0

500

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1000

Price Range

2014

2013

1 - 100,000 101 -200 201 - 300 301 - 400 401 - 500 501 - 600 601 - 700 701 - 800 801 - 900

157 162 162 163 198 275 364 156 306

188 169 163 211 190 240 250 271 911

901 - 1,000 1,001 - 1.5 ml 1.5 mil +

288

75

154 287

815 0

More specific analysis is available from our Sales Associates for geographic areas, subdivisions, types of properties and other variations to help our clients understand market trends in the Moore County marketplace.

• 910-295-5504 Pinehurst Office • 910-692-2635 Southern Pines Office


WORKING WITH BHHS Pinehurst Realty Group •Recognized for Quality and Superior Service •No other real estate competitor can match the wealth of resources and marketing advantages of Berkshire Hathaway HomeServices

Our company proudly offers: •Worldwide Brand recognition •Exclusive benefits and tools of Online Seller Advantage® •Unparalleled expertise and service of a Berkshire Hathaway HomeServices Luxury or Resort Specialist The Brand’s association with premium quality is among its most important assets. This is why only select

companies that meet the most demanding of criteria are invited to join the Berkshire Hathaway HomeServices Network. Berkshire Hathaway Pinehurst Realty Group has been affiliated with the Network since April of 2014 and Prudential Real Estate since 1995. In addition, only sales professionals who meet our Brand’s exacting professional standards for luxury home marketing and sales experience, negotiation skills and market knowledge may earn the prestigious Berkshire Hathaway HomeServices Luxury Specialist designation. In today’s real estate market, it is crucial that you work with a proven company that has professionals you can not only trust, but who are guaranteed to go above and beyond to deliver you the best possible real estate experience. This is why you should hire Berkshire Hathaway HomeServices Pinehurst Realty Group.

Moore County Residential Market Report January – July 2014

Moore County Residential Luxury Market Report Jan – July 2014


Berkshire Hathaway HomeServices Pinehurst Realty Group • Pinehurst Office – Village Court Building – 910 295 5504 • Southern Pines Office – Illinois & Broad – 910 692 2635 www.bhhsprg.com


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