Closed Sales, Moore County, Single Family Residential only, by Month
Data from the Southern Pines/Pinehurst MLS system| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
| 1999 | 84 | 104 | 84 | 74 | 71 | 70 | 75 | |||||
| 2000 | 44 | 61 | 74 | 67 | 70 | 100 | 83 | 74 | 87 | 67 | 65 | 46 |
| 2001 | 55 | 46 | 68 | 59 | 101 | 94 | 103 | 88 | 50 | 73 | 66 | 51 |
| 2002 | 63 | 51 | 57 | 65 | 92 | 90 | 118 | 89 | 66 | 75 | 71 | 87 |
| 2003 | 77 | 56 | 51 | 91 | 85 | 94 | 115 | 93 | 93 | 84 | 75 | 90 |
| 2004 | 58 | 60 | 77 | 86 | 102 | 170 | 131 | 107 | 99 | 86 | 83 | 102 |
| 2005 | 86 | 65 | 113 | 117 | 122 | 127 | 116 | 149 | 135 | 96 | 109 | 114 |
| 2006 | 88 | 85 | 122 | 119 | 132 | 148 | 136 | 117 | 106 | 97 | 89 | 84 |
| 2007 | 97 | 74 | 97 | 125 | 112 | 144 | 126 | 104 | 83 | 85 | 74 | 77 |
| 2008 | 61 | 55 | 69 | 72 | 90 | 94 | 112 | 92 | 99 | 70 | 47 | 59 |
| 2009 | 20 | 41 | 42 | 56 | 45 | 79 | 76 | 59 | 67 | 67 | 74 | 67 |
| 2010 | 45 | 51 | 72 | 94 | 78 | 112 | 77 | 70 | 77 | 54 | 67 | 65 |
| 2011 | 57 | 49 | 78 | 76 | 90 | 99 | 90 | 79 | 68 | 67 | 65 | 80 |
| 2012 | 58 | 47 | 77 | 71 | 89 | 88 | 77 | 107 | 110 | 94 | 82 | 84 |
| 2013 | 82 | 79 | 99 | 93 | 139 | 136 | 156 | 151 | 110 |
Looking at the table you can see the best time to put your home on the market. Using a figure of 90-100 days lead time prior to closing, one would have to concur that February would be the first good month to start advertising and have your listing ready. We feel 30 days for the ads to be out and effective and 30 days for the first lookers and you should expect a contract by May.
Buyers can use this information in an inverse way, using the ‘desperate’ months for sellers to make offers, one would expect to be able to bargain the price down more than normal. You should expect a limited selection of homes during these times though.
→ Note: The FHA loan limit for Moore County is $271,050 ←
Average sales price and units closed, Moore County, Single Family residential
| Year | Average Closed Price | Total Sold | Days on Market |
| 2000 | $186,801 | 838 | |
| 2001 | $184,130 | 854 | |
| 2002 | $209,760 | 893 | |
| 2003 | $210,450 | 1004 | |
| 2004 | $227,709 | 1187 | |
| 2006 | $273,235 | 1323 | 127 |
| 2007 | $280,993 | 1224 | 134 |
| 2008 | $276,853 | 828 | 145 |
| 2009 | $258,560 | 782 | 156 |
| 2010 | $252,527 | 923 | 171 |
| 2011 | $243,827 | 920 | 162 |
| 2012 | $246,714 | 1062 | 178 |
More $$$ for your home—– What pays and what doesn’t.
There are nearly 2 million homes on the market in US every month. These tips come from nationwide surveys of Real Estate Professionals and Buyers and Sellers. The chart below will give you some guidance as to how much improvements are going to pay off, and approximately how much, in the final sales price.Data prepared by Jim Murray, Principal Broker
| Improvement | Typical Expense | Increased Sales Price | Avg. Return | Agents Recommend |
| Lighten & Brighten | $86-$110 | $768-$935 | 769% | 84% |
| Clean up and de-clutter | $305-$339 | $2,093-$2,378 | 594% | 91% |
| Fix Plumbing & Electrical | $338-$381 | $922-$1208 | 196% | 63% |
| Landscape & Trim | $432-$506 | $1,594-$1,839 | 266% | 72% |
| Staging (interior flowers & decor) |
$812-$1,089 | $2,275-$2,841 | 169% | 76% |
| Paint interior walls | $1,546-$2,120 | $2,342-$2,600 | 63% | 69% |
| Kitchen, bath upgrades | $1,531-$1,714 | $3,823-$4,885 | 138% | 83% |
| Repair flooring | $1,531-$1,714 | $2,267-$2,289 | 50% | 62% |
| Paint Exterior | $2,188-$2,381 | $2,907-$3,233 | 34% | 57% |
| Replace Carpeting | $2,602-$2,765 | $3,585-$3,900 | 39% | 65% |
Your particular home and local conditions may vary. Market conditions may have a large number of new home developments or other similar homes. Nothing will pay off better than detailed research with a professional Realtor, before your house goes on the market. Call us today!
