research triangle park: Market Update for Research Triangle Park, NC- Year Ending 12/31/2009
- 02/24/10 05:41 AM
Home sales in the Research Triangle Park area of NC rose 19,5% in the 4th quarter, but finished the year down 14.6% when compared to 2008. Fourth quarter home sales were stimulated by the federal first time homebuyer tax credits which were set to expire at the end of November before being extended by Congress. Sales in November were up almost 70% from 2008, but December sales were actually down 7.3% when compared to 2008. Through the first three quarters of the year home sales were down 19.5%. Of the three counties comprising the Research Triangle Park area, sales in Durham … (1 comments)
The neighborhood with the most home sales in Durham in 2009 YTD is Hope Valley Farms, located between Hope Valley Road and Fayetteville Road in SW Durham. Year to date through October 2009 there have been 108 closed sales. The average sales price is $195,351. The average sold home has 1,749 square feet and costs $115/square foot. Hope Valley Farms was started in 1988 with Pulte Homes as the primary builder, but the townhomes and many of the single family homes weren't built until after 2000. Home prices range from $134,000 for a small 2 bedroom townhome to $367,000 for a 4BR executive home … (2 comments)
research triangle park: Durham, NC- Where Great Things Happen!
- 11/18/09 06:15 AM
Where Great Things Happen! That's the slogan of the Durham Convention and Visitors Bureau. And it's true. There are lots of great things happening in Durham, North Carolina. In October 2008, bon appetit called Durham-Chapel Hill Americas Foodiest Small Town, paying tribute to the great variety and servings of locally fresh foods in the area. In March 2009, Forbes Magazine ranked Durham the #3 Best Place for Business and Careers. In April 2009, Relocate America ranked Durham #5 on its list of Best Places to Live. These are just a few of the accolades the area has recently received.
In … (0 comments)
research triangle park: Durham, Chapel Hill and Raleigh Real Estate Update
- 11/05/09 08:38 AM
Home sales for 2009 in the Research Triangle Park area of NC through September still trail prior year sales, but the level of decline is lessening, offering some hope that the local market is coming out of a two year period of negative period over period sales. In the third quarter, sales in Wake, Durham, and Orange counties, the three main counties making up the Triangle were down 9.3% when compared to 2008. Compared to previous quarters this is a significant improvement. September sales in the Triangle area declined only 7.5% versus September 2008, actually showing a month over same month 2008 improvement in … (1 comments)
research triangle park: Coming Home to Woodcroft in Durham NC
- 10/13/09 08:42 AM
The Woodcroft community is among the most popular destinations for families looking for affordable homes in Durham, NC and the Research Triangle Park area of North Carolina especially with young families and graduate students at the local universities. Ninety-two homes have been sold in the Woodcroft subdivision YTD through August 2009 with an average sales price of $170,782 and an average price per square foot of $107.56. The neighborhood, which was among the first Planned Unit Developments in NC when building began in 1983, is perfectly located with easy access to the job centers at RTP, as well as local universities Duke ,UNC-Chapel Hill and NC Central. Woodcroft is located only a mile or so from I-40 which is serves … (1 comments)
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