Seven Lakes, NC Real Estate News

By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located mi...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located mi...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located mi...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes is a private and gated community featuring two country clubs. Member owned, the Seven Lakes Country Club features a beautiful and challenging 18 hole championship course and offers one of the best tennis programs in North Carolina. The Beacon Ridge Country Club is owned and operated by the developer and also offers an 18 hole golf course with hartrue tennis courts and swimming pool. Amenities in Seven Lakes include several private lakes, Lake Auman is the largest and is 1000+ acres in size and is suitable for power boats and has a marina with private beach. In addition there are community horse stables, tennis courts, club houses, resturant, and country clubs. The Seven Lakes also offers swimming pools and a privately owned fitness center and is located mi...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update July 01, 2009 through to July 31, 2009 there were 07 Single Family Homes Sold. Average Sales Price $303,414. Average Days on Market (DOM) 151. During the same time frame there were 22 New Listings entering the market with the Average Asking Price $269,900. View the full and printable version of the Housing Market...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update June 01, 2009 through to June 30, 2009 there were 09 Single Family Homes Sold. Average Sales Price $273,700. Average Days on Market (DOM) 252. During the same time frame there were 23 New Listings entering the market with the Average Asking Price $366,717. View the full and printable version of the Housing Market...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update May 01, 2009 through to May 31, 2009 there were 06 Single Family Homes Sold. Average Sales Price $203,791. Average Days on Market (DOM) 177. During the same time frame there were 21 New Listings entering the market with the Average Asking Price $355,875. View the full and printable version of the Housing Market U...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update April 01, 2009 through to April 30, 2009 there were 07 Single Family Homes Sold. Average Sales Price $258,000. Average Days on Market (DOM) 105. During the same time frame there were 24 New Listings entering the market with the Average Asking Price $302,795. View the full and printable version of the Housing Mark...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update March 01, 2009 through to March 31, 2009 there were 07 Single Family Homes Sold. Average Sales Price $201,357. Average Days on Market (DOM) 105. During the same time frame there were 21 New Listings entering the market with the Average Asking Price $349,930. View the full and printable version of the Housing Mark...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
  Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update Feb 01, 2009 through to Feb 28, 2009 there were 03 Single Family Homes Sold. Average Sales Price $239,850. Average Days on Market (DOM) 236. During the same time frame there were 27 New Listings entering the market with the Average Asking Price $310,320. View the full and printable version of the Housing Market ...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update January 01, 2009 through to January 31, 2009 there were 03 Single Family Homes Sold. Average Sales Price $252,333. Average Days on Market (DOM) 224. During the same time frame there were 24 New Listings entering the market with the Average Asking Price $385,729. View the full and printable version of the Housing ...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
    Community Profile Seven Lakes, NC community was developed in 1973 and consists of more then 4,000 acres of rolling pine forests. The gated community offers two club houses with a pool, tennis courts, championship golf course, riding stable and Lake Auman, the largest lake in Moore County. Today Seven Lakes enjoys a mixture of retirees and young professionals and the area is considered one of the fastest growing communities with a population of over 2,000. Housing Market Update Dec 01, 2008 through to Dec 31, 2008 there were 05 Single Family Homes Sold. Average Sales Price $266,600. Average Days on Market (DOM) 208. During the same time frame there were 23 New Listings entering the market with the Average Asking Price $316,178. View the full and printable version of the Housing Marke...
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Prices and average days on market in Seven Lakes, NC are currently holding steady. The current level of inventory compared to units sold in the fourth quarter is creating a higher than normal absorption rate.  The high absorption rate signifies that Seven Lakes is in a buyer's market.   Note:  Absorption rate is used to follow market trends.  It is the number of weeks it will take to sell current inventory at the rate of present sales. Absorption rates can change rapidly due to seasonal adjustments. More than 7 months of inventory signifies a buyer's market. 5 to 7 months is a neutral market. Less than 5 months is a seller's market. Linda Breeding 910-690-8368 www.RealEstateInPinehurst.com  
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
November 01, 2008 through to November 30, 2008 there were 04 Single Family Homes Sold. The Average Price was $302,500 and Average Days on Market (DOM) was 112. During the same time there were 25 New Listings entering the market with the Average Asking Price $355,177. View the full and printable version of the Housing Market Update at our website and contact us with your questions, comments and referrals. Thank you for your interest and the privilege of serving you! With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team" "The friendship and referrals of those we serve is the foundation of our success."  Member of the Real Estate Intelligence Network  PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTea...
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
October 01, 2008 through October 30, 2008 there were 23 Single Family Homes Sold. The Average Price was $279,897 and Average Days on Market (DOM) was 132. During the same time there were 56 New Listings entering the market with the Average Asking Price $427,729. Go to www.PinehurstRealEstate.us to download a printable version of the Housing Market Update and contact us with your questions, comments and referrals. Thank you for your interest and the privilege of serving you! With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team" "The friendship and referrals of those we serve is the foundation of our success."  Member of the Real Estate Intelligence Network 
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If you thought Pinehurst was the only spot in Moore County for good golf, think again.  Head west a bit on Highway 211 (about 12-13 miles to be exact) and you will be in Seven Lakes, NC.  Seven Lakes has three very popular subdivisions: Seven Lakes West, a lake and golf gated community; Seven Lakes North, a gated lake community; and Seven Lakes South, a gated golf community.  Seven Lakes South is the subject of this blog.  A bit about the golf course and community features......Residents have the option of joining Seven Lakes Country Club, an 18-hole track designed by Peter Tufts in 1976. In addition to golf privileges, members have access to tennis courts and dining inside its clubhouse.  The community is predominantly made up of single family homes, but does have a limited number of t...
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By Linda Breeding
(Keller Williams Realty )
The real estate market has held steady in Seven Lakes with only a slight decrease in units sold. Seven Lakes is a popular lake, golf and recreational gated community. Residents enjoy beautiful Lake Aumen and Beacon Ridge Country Club within the gates of Seven Lakes West. Seven Lakes North and South have additional lakes, golf and recreational activities. Linda Breeding 910-690-8368 www.RealEstateInPinehurst.com  
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Seven Lakes, North Carolina | September 01, 2008 through to September 30, 2008 there were 13 Single Family Homes Sold. The Average Price was $307,000 and Average Days on Market (DOM) was 116. During the same time there were 10 New Listings entering the market with the Average Asking Price $561,865. Go to www.PinehurstRealEstate.us to download a printable version of the Housing Market Update and contact us with your questions, comments and referrals. Thank you for your interest and the privilege of serving you! With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team" "The friendship and referrals of those we serve is the foundation of our success."  Member of the Real Estate Intelligence Network 
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Seven Lakes, North Carolina | August 01, 2008 through to August 31, 2008 there were 06 Single Family Homes Sold. The Average Sales Price was $286,750. The Average Days on Market (DOM) was 130. During the same time there were 19 New Listings entering the market with the Average Asking Price $436,792. Go to www.PinehurstRealEstate.us to download a printable version of the Housing Market Update and contact us with your questions, comments and referrals. Thank you for your interest and the privilege of serving you! With our highest regard,                                                            Wayne and Lynda Gomillion"The Pinehurst Home Team" "The friendship and referrals of those we serve is the foundation of our success."  Member of the Real Estate Intelligence Network
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By Wayne and Lynda Gomillion
(Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC)
Hosted by... Wayne and Lynda Gomillion, Brokers 1:00 PM to 3:00 PM Wed, August 13, 2008 Please join us for dessert while viewing this truly remarkable home and registering to win a valuable door prizes. Directions available at the guard house. www.115PittmanRdSevenLakesWest.com Luxurious Four Bedroom, Two and a Half Bathroom, two story with main floor master suite in private gated lakeside community, featuring golf, tennis, clubhouse, swimming pool, playgrounds, beach, marina and more! Oversized 2-car, side load garage, and separate golf cart storage. Interior features include formal dining, gas log fireplace, crown molding, vaulted ceiling, loft, custom interior finishes, granite counter tops in the kitchen, double sinks and vanity, garden tub with separate shower, walk-in closet, ope...
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