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Oct. 21, 2006 - Raleigh NC Real Estate >>Parade of Homes Winners Announced

 

The Parade of Homes winners were announced last week. The Gold Medal went to the DenMark Construction home in Radcliffe while the Silver Medal went to the Jayco Construction home in The Overlook at Chatsworth.  Congratulations to all the winners in all the price ranges and to those with perfect scores.

With regard to million dollar homes (and above) Stacey Anfindsen, an appraiser with Birch Appraisal Group in Cary, says that 130 homes sold in Wake, Durham, Chatham, Franklin, Orange and Johnston counties during 2005 whose closing price was $1 million and above.  Year-to-date numbers indicate that 126 have sold in that princely range and that another 27 are under contract.  10 of those homes were in Cary.  Thus, another record breaking year for the area is assured.  On the flip side of that coin, there are 271 homes of $1 million plus currently listed on the Triangle Multiple Listing Service in the above referenced counties.  For those of you who are familiar with the Raleigh-Durham-Chapel Hill areas you might find it interesting to know where the majority of these homes are located - by subdivision.

Raleigh - Wakefield 26, Linville 7, Sheffield 6, North Ridge 6, The Registry 5, Chatsworth 4, Devon 4, Faircroft 3, Belmont Ridge 3, The Barony 3, Stonemoor 3 and Brier Creek 3.  Raleigh - Inside the Beltline - Hayes Barton 9, Budleigh 6, Country Club Hills 4, Lakestone 3, and White Oak 3.

Cary - Regency Park Estates 4 and Preston 3

Chapel Hill - Governor’s Club 20 

Durham - Colvard Farms 7 and Croasdaile Farm 4

To those who want to build in Raleigh there is much to choose from. Hasentree has just launched their first phase with over 600 lots.  About 90 already have priority reservations. The gated community of Linville and The Barony still have premium lots to choose from.  The Registry still has some good lots available.   

Now is the time to take a look at some of the new construction choices in Cary.  Creedmoor Partners, the wonderful developers who brought you Devon, Linville, Stonemoor, Birklands, Chatsworth, Olde Creedmoor, The Moorlands, Traemoor Manor, Hasentree and all of the other premium locations in the Triangle are building at a premium location in Cary called the Renaissance at Regency. It is next to the Koka Booth Amphetheatre and Symphony Lake and just down the road from Regency Park Estates.  There are three sections-Executive, Manor,and Cottage Homes. I personally have a reservation in the Manor section.

Send me an email if you'd like more details at Tracy@TracySantrock.com 

 

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Welcome to my blog on Raleigh-Cary and the Triangle area of NC Real Estate. Here you can read current information on the Triangle area including neighborhood profiles, school information, taxes, market conditions, and even find things to do in the Triangle.

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