Pinehurst, Pinehurst NC, Pinehurst North Carolina

Pinehurst, North Carolina

Real Estate & Relocation Guide

Housing Market Update | Free Relocation Report | Featured Properties | Pinehurst Area Real Estate Blog



<	Real Estate Blog
<	Area Home Values
<	Buyer Resources
<	Seller Resources
<	Relocation Resources
<	Senior Resources
<	PCS Military Relocation
<	Golfing Communities
<	Horse Property
<	Investor Resources
<	Elegant Homes
<	Event Calendar
<	About Us
<	Client Testimonials
<	Our Code of Ethics
<	Terms of Use
<	Privacy Policy
<	Contact Us

Pinehurst
Pinehurst is located in the heart of the Carolinas, and is best known for its world-renowned golf facilities and a Village Center full of New England charm. The easy pace and tranquil atmosphere make Pinehurst an excellent vacation destination as well as a wonderful place to live. Residents and visitors alike enjoy the accommodations and amenities of the Pinehurst Resort, which operates eight different golf courses and a luxurious spa. Residents enjoy a wonderful quality of life and visitors often return to add to their memorable Pinehurst experience. Though established in 1895, the The Village of Pinehurst did not become a municipality until 1980. James Walker Tufts, a resident of the Boston area, had amassed a considerable fortune as head of various enterprises, most notably the American Soda Fountain Company.

In 1895, he made an arrangement to purchase about 598 acres of land for about $1.25 per acre to create a health resort in the Sandhills. Mr. Tufts wanted a "first class" plan for his new resort and contacted a land planning firm in Brookline, Massachusetts that was headed by Frederick Law Olmstead, designer of Central Park in New York City and the Biltmore Estate in Asheville. In about three weeks time, the plan for the Village of Pinehurst was formed. Mr. Tufts then hired Donald Ross in 1900 to be responsible for development of golf.

For many years, Pinehurst was a privately held resort under sole proprietorship of the Tufts family. In 1920, a corporate form of ownership was established when a charter for Pinehurst, Inc. was obtained. By the late 1960's the shareholders of Pinehurst, Inc. decided to sell the resort property to Diamondhead Corporation. Over the next decade, Diamondhead created about 7,000 lots or units for sale with membership rights to the Pinehurst resort facilities. Infrastructure to support these lots (roads, water, sewer, etc.) was also constructed at this time. In 1980, pursuant to an Order of Incorporation, the Village of Pinehurst became an incorporated municipality. Since then ownership of the resort property has changed hands several times and the world-renowned golf courses have been developed and expanded under each owner. In 1996, The Village of Pinehurst and Pinehurst Resort had the distinct pleasure of being given National Landmark status for their historical, significant role in U.S. golf history. View Pinehurst Country Club Information
Search and view properties for sale in Pinehurst



August 01, 2010 through to August 31, 2010 there were 15 Single Family Homes Sold. Average Sales Price of $265,533. Average Days on Market (DOM) was 174. During the same time there were 68 New Listings entering the market with the Average Asking Price $409,319. Currently there are 444 homes listed sale for sale with the Average Asking Price $527,157.

View the full and printable version of the Housing Market Update



<	For-Sale-By-Owner
<	Working with Agents
<	Agent Information
<	Mortgage Information
<	For Sale By Owner
<	School Information
<	Tax Information
<	Community Resources
<	Real Estate FAQS
<	Real Estate Glossary
<	Business Resources
<	Linked Resources
<	Link Request
<	Site Map

COMMUNITY PROFILES
þ	Aberdeen
þ	Carthage
þ	Foxfire
þ	Pinehurst
þ	Southern Pines
þ	Seven Lakes
þ	Whispering Pines
þ	Woodlake