It’s time again for a year-end Chapel Hill real estate, neighborhood market update. Lake Hogan Farms is a complex neighborhood with three distinct sections. This year, I have decided to provide market data, specifically high, low and average figures, separately for the single family homes on “larger” lots, single family patio homes and the townhouses.
Average Stats Based on 16 Sales – Single Family Homes “Larger Lots”
|
Beds |
Baths |
SqFt |
LP |
SP |
SP/LP |
DOM |
High |
5 |
5 |
4,728 |
$959,000 |
$935,000 |
97% |
222 |
Low |
4 |
3 |
2,804 |
$465,000 |
$455,000 |
94% |
2 |
Average |
4 |
3 |
3,567 |
$648,521 |
$633,250 |
97% |
59 |
Average Stats Based on 10 Sales – Single Family Patio Homes
|
Beds |
Baths |
SqFt |
LP |
SP |
SP/LP |
DOM |
High |
5 |
3 |
3,011 |
$436,000 |
$420,000 |
96% |
128 |
Low |
3 |
3 |
1,876 |
$325,000 |
$323,000 |
99% |
8 |
Average |
4 |
3 |
2,242 |
$362,450 |
$353,750 |
98% |
56 |
Average Stats Based on 3 Sales – Townhouses
|
Beds |
Baths |
SqFt |
LP |
SP |
SP/LP |
DOM |
High |
4 |
5 |
3,322 |
$375,000 |
$375,000 |
100% |
139 |
Low |
3 |
3 |
2,001 |
$310,000 |
$300,000 |
96% |
86 |
Average |
3 |
3 |
2,669 |
$341,633 |
$333,666 |
97% |
132 |
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