Whose Building New Contruction and Where are they selling?

New Construction Best Homes by 2012 SalesThinking of building a new home and not sure where to live? Realtors always refer to Location, Location, Location! These homes below show where clients are moving when they are looking for a new construction home. I’ll point the items in bold. Number of homes thats sold in 2012. The average cost in that subdivision, and the average list price to the amount it actually sold for.

These Raleigh and surrounding Triangle Area New Construction states came courtesy of our partner the Tarr Reports.

 

Subdivision-new homes 2012Clsd Avg SP Avg PPF Avg DOM Avg LP/SP City Avg GLA
Heritage Wake Forest 213 $332,625 $125.20 104 99.44% Wake Forest 2626
Renaissance Park 102 $200,745 $101.84 91 99.34% Raleigh 1983
12 Oaks 96 $336,991 $118.33 83 99.74% Holly Springs 2812
Highland Creek 73 $182,448 $91.97 55 99.44% Raleigh 2005
Evans Farm 65 $326,335 $113.32 23 98.46% Cary 2897
Flowers Plantation 63 $253,754 $103.15 128 98.75% Clayton 2431
Silver Lake Bluffs 53 $201,541 $106.37 41 97.64% Raleigh 1902
Ashton Hall 52 $221,680 $85.32 59 99.25% Durham 2616
Inside Wade Townhomes 52 $263,603 $125.33 44 99.74% Raleigh 2128
Brightleaf 48 $258,641 $94.81 108 99.47% Durham 2745
Bella Casa 40 $437,152 $127.18 111 98.12% Apex 3407
Manchester Park 39 $219,714 $116.32 37 98.60% Morrisville 1891
Cardinal Lake 38 $143,825 $73.15 124 99.66% Durham 1982
Greystone 38 $397,047 $115.85 58 97.69% Cary 3463
Woodcreek 38 $411,026 $111.53 103 99.04% Holly Springs 3719
Shiloh Grove 37 $169,718 $110.75 113 99.89% Morrisville 1537
Sunset Oaks 37 $368,940 $120.50 98 99.74% Holly Springs 3074
Weldon Ridge 36 $268,099 $121.82 86 97.48% Cary 2225
Cameron Pond 35 $559,831 $145.14 129 99.02% Cary 3858
Churton Grove 35 $361,130 $114.96 47 99.80% Hillsborough 3150
The Villages of Apex 34 $252,576 $115.67 169 99.44% Apex 2206
Ballentine 32 $389,392 $134.43 95 98.40% Chapel Hill 2883
Churchill 32 $193,003 $87.58 80 100.21% Knightdale 2260
Keystone Crossing 31 $187,829 $96.55 88 98.38% Morrisville 1944
Holly Glen 30 $301,969 $107.48 107 98.88% Holly Springs 2842
Providence Place 30 $311,435 $106.64 56 98.45% Morrisville 2912
Thompson Ridge 30 $175,776 $119.16 73 99.59% Durham 1485
Tuscany 30 $204,888 $74.24 66 98.64% Clayton 2795
Brier Village 29 $196,359 $109.80 74 98.93% Durham 1790
Shearon Farms 28 $134,593 $89.58 80 101.96% Wake Forest 1500

Group Summary 4497 $283,519 $111.28 117 99.15% 2520

 

In addition to New Contruction their may also be an existing home, thats just waiting for you to move right in. If we can assist you in your buying process, don’t hesitate to Call or email us. 919.576.9004

A Team who Works with You

 

About Jay Sutton

Jay Sutton is a full-service, Real Estate Broker with Keller Williams- and Sutton Realty Group. We enjoy serving our community a number of ways, Thru Basketball Coaching, and Teenage Mentoring. When not selling a Real Estate lifestyle and volunteering, I enjoy cooking and photography.

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