Pinehurst Real Estate Market in Seven Lakes West

By
Real Estate Agent with Dawn Crawley Realty

Pinehurst area real estate offers many options including gated lake communities and here is a market report for Seven Lakes West.

Pinehurst Are real estate water front in Seven Lakes WestSeven Lakes West is a gated lake community surrounding the largest and nicest lake in the area called Lake Auman. Lake Auman is just under 1,000 acres and is large enough for water skiing, pontoon boating, and is also enjoyed by many for fishing, kayaking and swimming.

Seven Lakes West t is located minutes from the Village of Pinehurst and also has a country club located within the gates called Beacon Ridge with an 18 hole golf course, pool and tennis courts. The community also has another pool and additional tennis courts for residents who may or may not choose to join the country club.

The real estate offered in Seven Lakes West includes lake front homes and golf front homes and what is known as interior homes. All homes can have access to the lake and the lake front homes can have their own private dock.

This year as of September 16, 2011 here is the number of homes sold and pending sale in Seven Lakes West:

26 Homes Sold - 8 Water Front and 3 Golf Front
2 Homes Pending  - 1 Water front and 1 Golf Front
5 Pending with contingencies - all interior homes

Please contact me for the details of these homes sold.

Below are some links to the available homes in Seven Lakes West:

Pinehurst Area Real Estate - Seven Lakes West Water Front Homes
Pinehurst Area Real Estate - Seven Lakes West Golf Front Homes
Pinehurst Area Real Estate - All Homes in Seven Lakes West

Pinehurst real estate homes sales have been relatively slow for the past 3 years. Seven Lakes is no exception though we have seen a slight increase in the number of sales this year over the same time last year. However, on average the price of homes have dropped about $10 per square foot compared to the same period year to date as last year. With the current rate of sales compared to the total available homes of 56 we have about 2 years of inventory

Pinehurst area real estate is like all markets in that you must consider each neighborhood and community separately to determine  the conditions of each micro-market. Seven Lakes West is holding steady with slight decreases in home values though the number of sales is not declining.

 

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Rainmaker
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Lottie Kendall
Today | Sotheby's International Realty - San Carlos, CA
Serving San Mateo County and San Francisco

Lake Auman in Pinehurst sounds like a great spot to call home. There's something about being on water - ocean, bay, lake or river-that makes life special.

Sep 18, 2011 12:10 PM #1
Ambassador
1,335,136
Silvia Dukes PA, REALTOR
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Dawen, the Lake Auman area looks very beautiful.  The Seven Lakes community definitely offers something for everyone or everything anyone could possibly want depending on you how you look at it!

Sep 19, 2011 08:45 PM #2
Rainmaker
261,251
Dawn Crawley
Dawn Crawley Realty - Pinehurst, NC
Find Pinehurst Homes

Hi Lottie and Silvia. Yes, it is a great place to live and also an excellent retirement location. Hope you are both well. 

Sep 20, 2011 10:25 AM #3
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Rainmaker
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Dawn Crawley

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