Chatham County New Homes Market Report - Third Quarter 2009

Market Report - Raleigh NC

Chatham County New Home Listings Down 16%

New Homes Under $300K Show Biggest Drop

Looking for a new home in the Raleigh area?  Thinking the choices have gotten a little thinner?  You're right....

New Home inventory in Chatham County NC was down 16% in third quarter 2009 versus third quarter 2008.  Chatham County, which includes areas around Jordan Lake, south of Chapel Hill, Pittsboro, and Siler City, has been lauded for rolling, wooded hills and unspoiled terrain. 

New Home Listings by Price Point in Chatham County NC

Chatham County saw some shifts in new home inventory levels.  Some price points saw more inventory, while others saw decreased inventory.   

• New homes in Chatham County under $300K reduced from 33 listings last year to only 18 listings this year, a 55% reduction in new homes at this price point.
• New homes in Chatham County from $300K to $499K increased from 38 listings last year to 51 listings this year.  There have still been a significant number of sales in these price points - the increased inventory at these levels may be partially reflecting an increased demand. 

 Overall New Home Listings in Chatham County NC Third Quarter

In third quarter 2008, there were 207 new homes listed in Chatham County NC.

In third quarter 2009, there were only 174 new homes listed in Chatham County NC.

Compare With Other Areas of the Triangle

Get the Latest Raleigh Market Reports Here

Chapel Hill Market Reports - View Most Recent Chapel Hill, NC Market Reports

See All Area Market Reports Here

Looking for more information on new homes in the Chatham County/Jordan Lake area?

Available Land and Lots in Communities

Chatham County NC Property Tax Rates 2011-2012

New Home Lots for Sale in Chatham County, NC

Build On Your Lot in Chatham County, NC

How to Determine a Reasonable New Home Budget

 

Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $200s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2012.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.