Residential and Commercial Construction
 
Construction activity is strong in Moore County.  As the County's 4th largest industry sector, the construction industry employed 8.5% of our workforce, or approximately 2,288 people in 2006.
 

AT A GLANCE FOR 2007

» Residential Construction:
  • 786 total residential building permits issued with a total dollar value of $180,551,149.


  • The County (outside of municipal jurisdictions) had the largest amount of residential construction with 343 permits totaling $65,928,436. 

  • -- Aberdeen =  121 permits totaling $23,286,816;
    -- Pinehurst = 172 permits totaling $50,628,212;
    -- Southern Pines = 152 permits totaling $40,707,685.



    
AVERAGE SALES PRICE BY TOWN - SINGLE-FAMILY HOMES
     Community 2007
    Avg Price
     Pinehurst $294,899
     Southern Pines  $300,050
     Seven Lakes $300,890
     Aberdeen $176,967
     Carthage $177,411




» Commercial Construction:

  • 57 total commercial building permits issued with a total dollar value of $28,803,817.

  • Aberdeen was first in commercial construction with 19 permits totaling $16,005,381.
    • -- Pinehurst = 3 permits totaling $381,000;
      -- Southern Pines = 19 permits totaling $7,956,036;
      -- County (non-municipal) = 11 permits totaling $4,461,400.




         
        TOTAL NEW CONSTRUCTION
        In Moore County
        2007-2008

        Month

        2007
        # of Permits

        2007 Dollar Value

        2008
        # of Permits

         2008 Dollar Value

        January

        71

        $15,129,477

        43

        $7,053,416

        February

        48

        $11,537,041

        48

        $13,976,021

        March

        86

        $23,546,934

        51

        $11,430,398

        April

        82

        $17,119,255



         


         
        May

        68

        $14,565,881



         


         
        June

        75

        $19,397,594



         


         
        July

        78

        $23,746,055



         


         
        August

        82

        $19,746,940



         


         
        September

        66

        $16,504,155



         

         
        October

        67

        $14,776,543



         

         
        November

        75

        $18,258,830



         

         
        December

        45

        $15,026,261


         

         
        Total

        843

        $209,354,966

        142

        $32,459,835




       
      TOTAL NEW CONSTRUCTION
      In Moore County
      2006-2007

      Month

      2006
      # of Permits

      2006 Dollar Value

      2007
      # of Permits

       2007 Dollar Value

      January

      67

      $14,731,367

      71

      $15,129,477

      February

      131

      $27,995,403

      48

      $11,537,041

      March

      80

      $19,044,344

      86

      $23,546,934

      April

      113

      $23,530,420

      82

      $17,119,255

      May

      111

      $19,907,616

      68

      $14,565,881

      June

      93

      $18,680,869

      75

      $19,397,594

      July

      73

      $15,542,966

      78

      $23,746,055

      August

      95

      $19,834,746

      82

      $19,746,940

      September

      54

      $11,916,710

      66

      $16,504,155

      October

      92

      $21,036,467

      67

      $14,776,543

      November

      75

      $16,622,027

      75
       
      $18,258,830
       
      December

      47

      $11,415,945

      45
       
      $15,026,261
       
      Total

      1,031

      $220,168,880

      843

      $209,354,966

       







      RESIDENTIAL CONSTRUCTION
      In Moore County
      2007 – 2008
      Month
      2007
      # of Permits
       2007 Dollar Value
      2008
      # of Permits
       2008 Dollar Value
      January

      65

      $12,231,921

      40

      $5,903,416

      February

      47

      $11,387,041

      44

      $12,176,540

      March

      81

      $16,787,734

      50

      $11,370,398

      April

      77

      $16,203,255



       


       
      May

      65

      $13,771,681



       


       
      June

      72

      $18,520,594



       


       
      July

      74

      $20,918,142



       


       
      August

      70

      $17,462,940



       


       
      September

      61

      $11,958,955



       


       
      October

      66

      $14,711,543



       


       
      November

      67

      $15,922,830



       


       
      December

      41

      $10,674,513



       


       
      Total

      786

      $180,551,149

      134

      $29,450,354




       
      RESIDENTIAL CONSTRUCTION
      In Moore County
      2006 – 2007
      Month
      2006
      # of Permits
       2006 Dollar Value
      2007
      # of Permits
       2007 Dollar Value
      January

      64

      $13,836,367

      65

      $12,231,921

      February

      122

      $20,391,793

      47

      $11,387,041
          
      March

      77

      $18,723,914

      81

      $16,787,734

      April

      106

      $22,425,420

      77

      $16,203,255

      May

      100

      $19,198,316

      65

      $13,771,681

      June

      88

      $17,576,119

      72

      $18,520,594

      July

      66

      $14,590,966

      74

      $20,918,142

      August

      91

      $19,298,746

      70

      $17,462,940

      September

      48

      $10,840,710

      61

      $11,958,955

      October

      84

      $18,369,167

      66

      $14,711,543

      November

      70

      $15,043,212

      67

      $15,922,830

      December

      45

      $11,115,945

      41

      $10,674,513

      Total

      961

      $201,410,675

      786

      $180,551,149


       





       COMMERCIAL CONSTRUCTION
      In Moore County
      2007 – 2008

      Month

      2007
      # of Permits

       2007 Dollar Value

      2008
      # of Permits

       2008 Dollar Value

      January

      6

      $2,897,556

      3

      $1,150,000

      February

      1

      $150,000

      4

      $1,799,481

      March

      5

      $6,759,200

      1

      $60,000

      April

      5

      $916,000



      May

      3

      $794,200



      June

      3

      $877,000



      July

      4

      $2,827,913



      August

      12

      $2,284,000



      September

      5

      $4,545,200



      October

      1

      $65,000



      November

      8

      $2,336,000



      December

      4

      $4,351,748



      Total

      57

      $28,803,817

      3

      $1,150,000




       
       COMMERCIAL CONSTRUCTION
      In Moore County
      2006 – 2007

      Month

      2006
      # of Permits

       2006 Dollar Value

      2007
      # of Permits

       2007 Dollar Value

      January

      3

      $895,000

      6

      $2,897,556

      February

      9

      $7,603,610

      1

      $150,000

      March

      3

      $320,430

      5

      $6,759,200

      April

      7

      $1,105,000

      5

      $916,000

      May

      11

      $709,300

      3

      $794,200

      June

      5

      $1,104,750

      3

      $877,000

      July

      7

      $862,000

      4

      $2,827,913

      August

      4

      $536,000

      12

      $2,284,000

      September

      6

      $1,076,000

      5

      $4,545,200

      October

      8

      $2,667,300

      1

      $65,000

      November

      5

      $1,578,815

      8

      $2,336,000

      December

      2

      $300,000

      4

      $4,351,748

      Total

      70

      $18,758,205

      57

      $28,803,817


       

» For Residential & Commercial construction data broken down for Aberdeen, Pinehurst and Southern Pines (for fiscal year 2007-2008), click here.


 

© 2008 Moore County Partners In Progress

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