Cooke report 2017

the

COOKE REPORT

A LOCAL REAL ESTATE MARKET UPDATE 2017

designed, photographed, and published by

Lucia Cooke and Allison Zimmerman

Trivialism artist, Jonathan Davis

Dear Reader,

What a year this has been! As you may have noticed, this is the

only magazine we have published in 2017. The spring and summer market took us all by surprise. Thus, we made a conscious decision to forgo our Spring edition in order to focus on the needs of our clients. And we are all pleased with the results.

To date, we have closed more than $28 million in real estate

transactions, with more to close before the year's end. It feels like we've been sprinting all year with no end in sight! And what an absolute pleasure it has been to be leader in this market.

We would like to extend a special "thank you" to all of our many

customers, friends and former clients for their continued support and trust in our firm. We will continue to strive to exceed your expectations.

May your holiday season be bright and joyous . . . and may we all

have a happy, healthy, and prosperous New Year!

Lucia Cooke Cecil Cooke Allison Zimmerman

If you would like to be removed from our mailing list, please let me know by email at: luciacooke@gmail.com 2

Botanical Chess

3

Free Rein artist, T.J. Christiansen

All sculptures pictured are included in the North Carolina Botanical Garden 29th annual

"Sculpture in the Garden"

November 2017 Overview

Total Homes Listed

Percent Sold

Average Sales Price

Sale Price/List Price Ratio

Orange County all Detached Homes 2017 2016

1,660 1,637

71% 71%

$416,456 $405,817

98% 97%

Orange County all Detached Homes priced at or over $700,000 2017 211 2016 197

55% 50%

2017 2016

82% 82%

$969,789 $971,349

97% 95%

Orange County all Attached Homes (condominiums and townhomes) 299 271

$234,574 99% $234,986 99%

Durham County all Detached Homes 2017 2016

4,505 4,092

78% 80%

$268,305 $254,488

99% 99%

Durham County all Detached Homes priced at or over $700,000 2017 2016

96 111

46% 49%

$909,173 $1,067,153

98% 96%

Durham County all Attached Homes (condominiums and townhomes) 2017 2016

1123 950

74% 85%

$203,373 $177,432

100% 99%

artist Jonathan Davis

November 2017 Overview continued

Total Homes Listed

Percent Sold

Average Sales Price

Sale Price/List Price Ratio

Wake County all Detached Homes 2017 2016

19,512 17,283

73% 76%

$355,908 $329,662

99% 99%

Wake County all Detached Homes priced at or over $700,000 2017 2016

1,308 1,166

54% 44%

$936,181 $891,336

99% 98%

Wake County all Attached Homes (condominiums and townhomes) 2017 2016

4,533 3,832

76% 86%

$225,850 $197,652

100% 99%

Chatham County all Detached Homes 2017 2016

1,732 1,392

63% 68%

$400,813 $388,212

98% 98%

Chatham County all Detached Homes priced at or over $700,000 2017 2016

186 160

54% 35%

$936,181 $994,338

99% 97%

Chatham County all Attached Homes (condominiums and townhomes) 2017 2016

69 54

84% 100%

$238,735 $243,674

98% 99%

Birddog

artist, Jeff Hackney

Market Report All data is from Triangle MLS. The search periods were as follows:

PAST 11/1/2015 to 11/1/2016

RECENT 11/1/2016 to 11/1/2017

Absorption rate is derived by dividing the active listings by the average number of sales per month in each price category.

$400,000 - $499,999

$500,000 - $599,999

0 0

0 1

0 1

0 0

recent past

0 0

0 0

0 0

0 260

0 148

0 0

recent past recent past

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0

recent past recent past

0 0 0 0

$900,000 - $999,999

$300,000 - $399,999

0 0

$800,000 - $899,999

$200,000 - $299,999

0 0

$700,000 - $799,999

$100,000 - $199,999

Number of Sales recent past

$600,000 - $699,999

less than $100,000

Price Range

1 1

2 0

0 0

0 0

228 196

212 0

0 0

0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

New Construction Single Family

Dollar per Sq Ft

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

0 1 1 0 1 0 0 210 205 0 184 0

0 0 0 2 0 0 0 160

0 0 0 1 0 1 0 0 0 156 0 181

2 1 199 175

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 1 2 3 3 0 0 0 0 0

0 1 0 2 3 1 0 0 2 0 0 192 244 225 336 0 0 0 0 0 0 201 0 276 301 193 0 0 158 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 7 49 63 50 24 29 14 6 13 0 6 47 62 53 37 20 25 8 10 0 175 168 156 166 201 189 234 184 215 0 147 167 171 169 179 181 192 245 238

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

16 75 23 5 0 2 2 2 1 0 7 59 21 6 1 0 1 1 1 1 88 131 173 149 0 225 172 195 218 0 86 125 163 174 209 0 181 180 310 321

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999 2 0

0 0

0 0

272 0

0 0

0 0

0 0 0 0 0 0 0 0

1 1

1 0 273 263 237 0

0 0 0 0

1 0 227 0

0 0 0 1 0 1 184 0 0 184 0 0

8 3 2 13 7 1 261 275 377 247 323 306

0 0 0 1 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

5 3.3 months

$100,000 - $199,999 current inventory: absorption rate:

8 .78 months

$200,000 - $299,999 current inventory: absorption rate:

14 2.04 months

$300,000 - $399,999 current inventory: absorption rate:

14 2.02 months

$400,000 - $499,999 current inventory: absorption rate:

14 2.8 months

$500,000 - $599,999 current inventory: absorption rate:

13 5.4 months

$600,000 - $699,999 current inventory: absorption rate:

8 2.6 months

$700,000 - $799,999 current inventory: absorption rate:

9 5.4 months

$800,000 - $899,999 current inventory: absorption rate:

6 9.1 months

$900,000 - $999,999 current inventory: absorption rate:

1 .7 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

7 7 months

$1,500,000 - $2,000,000 current inventory: 0 absorption rate: no active listings to compare greater than $2,000,000 current inventory: absorption rate:

5 20 months

East Chapel Hill High School

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 3 3 13 12 1 1 1 0 0 0 7 3 6 11 4 0 1 0

0 0 218 189 179 183 188 216 215 0 0 0 199 163 161 170 176 0 211 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 1 0 0 0 0 0 0 0 0 0 2 12 0 0 0 0 0 0 0 0 153 0 0 0 0 0 0 0 0 0 97 147 153 0 0 0 0 0 0

recent past recent past

0 0 0 5 12 4 6 1 3 0 0 4 3 3 12 3 3 1 1 1 0 0 0 165 159 170 171 141 186 0 0 121 170 162 162 191 187 159 123 135

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 3 5 9 1 1 0 0 0 0 0 6 7 8 1 0 0 0 0 0 0 150 158 137 299 296 0 0 0 0 0 129 144 125 102 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

2 11 37 62 51 29 18 9 2 2 0 10 45 69 43 24 14 7 2 0 83 169 186 182 170 169 162 196 162 159 0 158 178 161 173 153 154 181 196 0

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

4 34 13 8 2 0 0 0 0 0 8 31 12 3 0 0 0 0 0 0 88 148 139 128 115 0 0 0 0 0 68 132 132 129 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

1 0 0 0 0 0

267 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 2 0 0 140 0 0 163 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 0 0 0 142 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

0 no active listings to compare

$100,000 - $199,999 current inventory: absorption rate:

4 .8 months

$200,000 - $299,999 current inventory: absorption rate:

1 1.9 months

$300,000 - $399,999 current inventory: absorption rate:

11 1.34 months

$400,000 - $499,999 current inventory: absorption rate:

15 2.2 months

$500,000 - $599,999 current inventory: absorption rate:

8 2 months

$600,000 - $699,999 current inventory: absorption rate:

8 3.8 months

$700,000 - $799,999 current inventory: absorption rate:

4 4.4 months

$800,000 - $899,999 current inventory: absorption rate:

4 8 months

$900,000 - $999,999 current inventory: absorption rate:

4 48.2 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

4 16 months

$1,500,000 - $2,000,000 current inventory: 0 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

1 no sales to compare

Chapel Hill High School

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 2 0 0

0 0

0 0

0 0

0 205 0 188 0 175 177 171 0 0

0 252

recent past recent past

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0

0 0 0 0

recent past recent past

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

2 0 189 0

0 1 0 0 1 0 2 0 0 0 0 164 0 0 196 0 153 0 0 0

0 0 0 0

0 0 0 0

0 1 0 0 0 131 0 0

0 0 0 0

0 0 0 0

1 0 64 0

4 25 16 26 18 8 7 7 3 10 37 19 28 30 9 4 1 0 166 169 168 172 187 195 176 196 193 165 141 153 166 182 178 164 169 198

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

2 24 19 7 2 0 0 0 0 0 2 21 15 8 3 0 0 0 0 0 99 139 181 190 156 0 0 0 0 0 92 135 180 183 166 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

1 0 0 0 0 0

219 0

0 0

0 0

0 0 0 0 0 0 0 0 0 0 0 0

4 0 1 3 0 0 211 0 279 194 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 1 1 0 184 0 0 277 523 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

0 no active listings to compare

$100,000 - $199,999 current inventory: absorption rate:

1 .38 months

$200,000 - $299,999 current inventory: absorption rate:

5 1.3 months

$300,000 - $399,999 current inventory: absorption rate:

0 no active listings to compare

$400,000 - $499,999 current inventory: absorption rate:

10 3.4 months

$500,000 - $599,999 current inventory: absorption rate:

3 1.9 months

$600,000 - $699,999 current inventory: absorption rate:

3 4 months

$700,000 - $799,999 current inventory: absorption rate:

4 6.1 months

$800,000 - $899,999 current inventory: absorption rate:

1 1.72 months

$900,000 - $999,999 current inventory: absorption rate:

2 6.1 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

5 10 months

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

1 12.04 months

Carrboro High School

$1,000,000 - $1,499,999

Absorption Rate

$400,000 - $499,999

$500,000 - $599,999

14 11

0 1 2 0 4 6 2 2

$900,000 - $999,999

$300,000 - $399,999 9 15

$800,000 - $899,999

$200,000 - $299,999

0 0 0 0

$700,000 - $799,999

$100,000 - $199,999

0 0

$600,000 - $699,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 0 125 123 0 0 0 122 117

0 0

0 176 187 0 0 160 172 201 210 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 2 0 3 0 122 0 117

22 39 130 124

2 0 0 0 161 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 13 9 7 6 1 10 8 5 2 0 93 100 139 138 43 99 116 164 145

4 0 0 2 0 0 4 1 0 0 184 0 0 254 0 0 166 203 0 0

Townhome and Condominium less than 10 years old

Number of Sales

recent past

Dollar per Sq Ft

recent past

0 1 0 1 0 127 0 123

3 1 0 0 0 0 118 147 0 0 0 0

5 6

65 58

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

38 43

27 36

10 7 7 1 0 1 16 8 3 1 0 1

53 130 141 143 157 188 189 65 127 135 140 165 167 168

199 0 240 0

277 206

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 5 0 0 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 0 72 107 0 0 0 0 0 0 0 0 0 108 0 0 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 1 0 0 0 0 0 223 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3 0 0 0 1 0

202 0 0 0 249 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

0 no current inventory

$100,000 - $199,999 current inventory: absorption rate:

6 1.2 months

$200,000 - $299,999 current inventory: absorption rate:

13 1.6 months

$300,000 - $399,999 current inventory: absorption rate:

10 2.6 months

$400,000 - $499,999 current inventory: absorption rate:

5 2 months

$500,000 - $599,999 current inventory: absorption rate:

4 4.4 months

$600,000 - $699,999 current inventory: absorption rate:

7 10.6 months

$700,000 - $799,999 current inventory: absorption rate:

3 12 months

$800,000 - $899,999 current inventory: absorption rate:

2 8 months

$900,000 - $999,999 current inventory: absorption rate:

0 no current inventory

$1,000,000 - $1,499,999 current inventory: absorption rate:

1 4 months

$1,500,000 - $2,000,000 current inventory: 3 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

2 no sales to compare

Cedar Ridge High School

$1,000,000 - $1,499,999

Absorption Rate

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

0 0 9 5 10 16 6 5 0 0 0 3 1 7 13 5 10 0 0 0

0 0 149 139 160 159 171 201 0 0 0 111 124 158 142 152 177 0 0 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 20 11 4 0 0 0 0 0 0 0 16 5 0 0 0 0 0 0 0 0 130 123 167 0 0 0 0 0 0 0 118 117 0 0 0 0 0 0 0

recent past recent past

0 13 29 12 14 1 2 1 0 0 0 13 21 13 17 5 0 0 1 0 0 112 116 120 129 124 155 189 173 0 0 104 107 122 132 144 0 0 173 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 4 8 0 0 0 0 0 0 0 0 7 11 0 0 0 0 0 0 0 0 98 125 0 0 0 0 0 0 0 0 98 108 0 0 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

16 87 69 57 23 9 5 2 2 0 16 89 52 37 22 6 5 0 2 0 72 120 139 151 153 158 164 185 265 0 64 110 128 148 137 176 180 0 213 0

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 5 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 101 118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999

Absorption Rate

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 1 0 1 1 0 0 442 0 223 322

0 0 0 0 0 0 0 0 0 0 0 0

3 1.4 months

$100,000 - $199,999 current inventory: absorption rate:

23 2.03 months

$200,000 - $299,999 current inventory: absorption rate:

29 2.6 months

$300,000 - $399,999 current inventory: absorption rate:

41 6.3 months

$400,000 - $499,999 current inventory: absorption rate:

15 3.8 months

$500,000 - $599,999 current inventory: absorption rate:

12 5.7 months

$600,000 - $699,999 current inventory: absorption rate:

7 3.8 months

$700,000 - $799,999 current inventory: absorption rate:

9 13.6 months

$800,000 - $899,999 current inventory: absorption rate:

2 12.5 months

$900,000 - $999,999 current inventory: absorption rate:

1 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

4 no sales to compare

$1,500,000 - $2,000,000 current inventory: 0 absorption rate: no current inventory greater than $2,000,000 current inventory: absorption rate:

1 12 months

Orange High School

0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 15 5 6 3 2 0 0 0 0 0 23 9 11 1 2 1 1 0 0

0 102 113 153 177 182 0 0 0 0 0 102 136 150 133 163 148 158 0 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 24 2 0 0 0 0 0 0 0 0 11 2 2 0 0 0 0 0 0 0 108 118 0 0 0 0 0 0 0 0 105 120 94 0 0 0 0 0 0

recent past recent past

1 37 31 7 1 4 0 0 0 0 2 44 22 12 2 1 0 0 0 0 76 97 101 110 122 147 0 0 0 0 74 85 101 132 140 128 0 0 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 18 0 1 0 0 0 0 0 0 1 15 0 1 0 0 0 0 0 0 0 85 0 106 0 0 0 0 0 0 55 78 0 112 0 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

44 214 154 54 22 6 3 2 0 0 76 234 140 52 18 6 1 1 1 0 67 110 121 138 129 135 155 184 0 0 58 102 115 135 125 146 98 195 96 0

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 11 3 0 0 0 0 0 0 0 3 6 1 0 0 0 0 0 0 0 64 86 104 0 0 0 0 0 0 0 64 76 75 0 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 1 0 0

0 0 0 264 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 0 0 0 132 0 0 142 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

4 .93 months

$100,000 - $199,999 current inventory: absorption rate:

26 .97 months

$200,000 - $299,999 current inventory: absorption rate:

29 1.7 months

$300,000 - $399,999 current inventory: absorption rate:

22 3.8 months

$400,000 - $499,999 current inventory: absorption rate:

10 4.6 months

$500,000 - $599,999 current inventory: absorption rate:

6 6 months

$600,000 - $699,999 current inventory: absorption rate:

4 18.1 months

$700,000 - $799,999 current inventory: absorption rate:

0 no current inventory

$800,000 - $899,999 current inventory: absorption rate:

1 no sales to compare

$900,000 - $999,999 current inventory: absorption rate:

2 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

1 12 months

$1,500,000 - $2,000,000 current inventory: 3 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

0 no inventory to compare

Northern High School

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 5 19 6 2 3 3 1 1 0 0 3 7 0 3 6 3 1 2

0 0 166 173 219 230 226 219 216 235 0 0 161 158 0 217 191 228 168 219

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 7 0 0 3 0 0 0 0 0 0 7 0 0 0 0 0 0 0 0 0 109 0 0 196 0 0 0 0 0 0 105 0 0 0 0 0 0 0 0

recent past recent past

0 9 4 6 8 0 0 0 1 0 1 8 9 7 7 1 2 1 0 0 0 120 165 122 136 0 0 0 266 0 35 96 125 122 141 141 144 139 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 10 19 0 1 2 0 0 0 0 2 25 18 1 3 0 0 0 0 0 0 105 145 0 195 235 0 0 0 0 59 120 148 269 236 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

12 199 166 74 23 17 7 5 1 1 29 204 144 61 26 7 9 5 2 1 64 121 145 187 194 200 198 168 215 321 79 112 141 164 174 192 207 158 209 191

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

20 44 7 1 0 1 0 0 0 0 31 44 6 2 0 0 0 0 0 0 83 100 1 16 128 0 190 0 0 0 0 86 94 1 57 235 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

2 0 0 2 0 0

236 0 0 203 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

3 0 0 1 0 0 198 0 0 226 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

1 .3 months

$100,000 - $199,999 current inventory: absorption rate:

8 .34 months

$200,000 - $299,999 current inventory: absorption rate:

21 1.2 months

$300,000 - $399,999 current inventory: absorption rate:

11 1.3 months

$400,000 - $499,999 current inventory: absorption rate:

14 4.1 months

$500,000 - $599,999 current inventory: absorption rate:

13 6.8 months

$600,000 - $699,999 current inventory: absorption rate:

4 4.4 months

$700,000 - $799,999 current inventory: absorption rate:

2 3.03 months

$800,000 - $899,999 current inventory: absorption rate:

3 12 months

$900,000 - $999,999 current inventory: absorption rate:

2 12 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

1 12 months

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

0 no inventory to compare

Riverside High School

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 1 3 48 58 14 5 1 1 1 0 5 19 33 42 15 1 1 0 1

0 133 160 168 153 161 168 187 184 178 0 128 166 149 148 180 182 178 0 211

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 2 9 3 6 0 0 0 0 0 0 12 2 5 2 0 0 0 0 0 0 134 143 179 176 0 0 0 0 0 0 177 177 187 358 0 0 0 0

recent past recent past

0 6 7 39 22 13 4 1 3 0 1 3 13 50 25 5 6 3 1 0 0 120 183 138 137 160 165 168 186 0 48 135 139 126 132 149 162 157 179 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 21 9 2 2 0 0 0 0 0 0 68 11 4 2 0 0 0 0 0 0 125 139 162 176 0 0 0 0 0 0 111 148 160 172 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

19 89 302 208 65 23 18 11 5 3 18 100 336 195 53 21 13 4 5 3 55 133 141 142 159 183 182 187 202 219 58 123 135 132 153 179 187 194 193 202

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

8 145 33 4 0 0 1 0 0 0 23 189 16 1 0 0 0 0 0 0 74 114 120 136 0 0 215 0 0 0 82 107 132 88 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999

Absorption Rate

236 238 0 241 313 182

0 0 0 0 0 0 0 0 0 0 0 0

3 0 1 0 0 2 286 0 296 199 205 331

0 0 0 0 0 0 0 0 0 0 0 0

3 2 0 8 1 0 216 272 0 207 293 0

0 0 0 0 0 0 0 0 0 0 0 0

3 .81 months

$100,000 - $199,999 current inventory: absorption rate:

12 .44 months

$200,000 - $299,999 current inventory: absorption rate:

24 .8 months

$300,000 - $399,999 current inventory: absorption rate:

49 1.8 months

$400,000 - $499,999 current inventory: absorption rate:

36 2.8 months

$500,000 - $599,999 current inventory: absorption rate:

24 5.2 months

$600,000 - $699,999 current inventory: absorption rate:

11 5.1 months

$700,000 - $799,999 current inventory: absorption rate:

8 7.3 months

$800,000 - $899,999 current inventory: absorption rate:

4 5.3 months

$900,000 - $999,999 current inventory: absorption rate:

4 12.1 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

4 6.8 months

$1,500,000 - $2,000,000 current inventory: 5 absorption rate: 15.2 months

greater than $2,000,000 current inventory: absorption rate:

2 24.1 months

Jordan High School

1 2 0 6 1 1

less than $100,000 current inventory: absorption rate:

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 2 57 172 136 53 40 13 11 5 0 1 80 149 98 43 23 11 12 2 mmm

mmm

0 141 151 156 153 162 187 0 146 138 149 153 160 163

177 175 188 175

174 172

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

0 2 45 84 69 36 22 8 2 1 0 9 45 64 66 31 11 2 3 3 0 117 155 161 152 151 154 174 155 180 0 128 142 157 146 143 165 129 181 175

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 7 20 1 0 0 0 0 0 0 0 3 21 3 0 0 0 0 0 0 0 126 164 133 0 0 0 0 0 0 0 125 156 134 0 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

4 52 76 71 51 22 15 9 8 4 6 47 70 62 41 21 13 8 3 2 82 120 149 158 155 144 158 206 201 168 61 124 134 143 156 162 146 159 150 175

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 7 17 1 0 0 0 0 0 0 2 11 18 3 0 0 0 0 0 0

0 129 134 106 0 0 0 0 0 0 116 132 121 156 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

1 1 0 4 0 0

239 225 0 244 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 1 1 3 0 1 0 238 305 182 0 284

0 0 0 0 0 0 0 0 0 0 0 0

7 0 3 5 1 0 225 0 247 197 156 0

0 0 0 0 0 0

0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

0 no inventory to compare

$100,000 - $199,999 current inventory: absorption rate:

2 .32 months

$200,000 - $299,999 current inventory: absorption rate:

18 .9 months

$300,000 - $399,999 current inventory: absorption rate:

71 2.6 months

$400,000 - $499,999 current inventory: absorption rate:

93 4.3 months

$500,000 - $599,999 current inventory: absorption rate:

60 6.5 months

$600,000 - $699,999 current inventory: absorption rate:

30 4.6 months

$700,000 - $799,999 current inventory: absorption rate:

28 11.2 months

$800,000 - $899,999 current inventory: absorption rate:

17 9.3 months

$900,000 - $999,999 current inventory: absorption rate:

16 19.2 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

22 33.3 months

$1,500,000 - $2,000,000 current inventory: 3 absorption rate: 18.8 months greater than $2,000,000 current inventory: absorption rate:

8 24.2 months

Northwood High School

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 0 8 49 234 0 0 20 59 130

173 112 78 34 10 102 86 48 13 4

0 0 126 0 0 144

156 153

153 149

156 149

160 164

169 172

180 174 176 189

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 83 299 43 0 0 0 3 0 0 0 156 233 23 0 0 1 1 0 0 0 141 146 153 0 0 0 198 0 0 0 137 145 161 0 0 189 200 0

recent past recent past

0 3 25 158 215 77 45 17 7 5 0 3 47 203 211 96 54 17 12 4 0 161 153 146 141 140 152 153 163 162 0 130 142 136 139 143 147 150 166 174

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 43 292 96 5 2 2 0 0 0 0 104 291 59 5 3 4 0 0 0 0 134 137 142 163 174 186 0 0 0 0 120 127 132 153 143 168 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 76 663 653 276 115 75 29 21 6 5 151 647 573 254 113 76 24 9 3 116 137 152 145 141 152 162 172 166 162 80 134 140 138 140 153 162 171 181 159

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

7 295 122 33 2 2 2 2 0 0 16 300 99 15 2 2 2 1 0 0 110 126 134 144 140 211 194 229 0 0 103 111 128 139 159 127 267 142 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

8 3 2 6 1 0

236 266 365 220 219 0

8 0 0 6 0 3

200 0 0

203 0 246

0 0 0 0 0 0 0 0 0 0 0 0

8 2 2 6 1 0 228 230 248 193 215 0

0 0 0 0 0 0 0 0 0 0 0 0

0 no inventory to compare

$100,000 - $199,999 current inventory: absorption rate:

8 .21 months

$200,000 - $299,999 current inventory: absorption rate:

83 .82 months

$300,000 - $399,999 current inventory: absorption rate:

182 1.7 months

$400,000 - $499,999 current inventory: absorption rate:

159 2.5 months

$500,000 - $599,999 current inventory: absorption rate:

111 3.6 months

$600,000 - $699,999 current inventory: absorption rate:

68 3.5 months

$700,000 - $799,999 current inventory: absorption rate:

39 3.7 months

$800,000 - $899,999 current inventory: absorption rate:

21 3.9 months

$900,000 - $999,999 current inventory: absorption rate:

6 3.5 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

13 6.5 months

$1,500,000 - $2,000,000 current inventory: 3 absorption rate: 7.3 months greater than $2,000,000 current inventory: absorption rate:

5 15.2 months

Areas 005, 010, and 015

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

Cary, Morrisville & Apex

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 0 0 14 32 59 68 54 21 19 0 1 4 6 20 45 69 50 12 10

0 0 0 166 183 188 207 201 211 250 0 146 139 128 156 180 199 199 206 243

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 8 41 9 21 3 0 0 0 0 0 21 58 14 39 0 0 0 0 0 0 166 136 192 195 205 0 0 0 0 0 132 136 172 176 0 0 0 0 0

recent past recent past

0 1 9 36 25 27 25 22 10 5 0 0 16 39 33 29 18 18 8 6 0 85 161 145 173 176 185 213 204 213 0 0 133 132 147 172 174 201 201 198

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 88 173 38 17 3 1 2 0 0 0 151 189 31 12 1 2 0 0 0 0 124 134 171 180 219 229 175 0 0 0 119 126 170 178 122 208 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

3 135 526 473 291 132 74 42 30 13 10 246 562 427 218 93 72 30 27 7 96 125 148 176 187 208 204 219 208 218 89 117 146 167 184 205 211 204 213 199

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

67 602 270 46 13 4 4 0 1 0 140 626 156 50 13 4 2 0 0 0 75 113 143 169 186 239 263 0 301 0 74 105 143 157 168 218 239 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999

Absorption Rate

266 332 0 283 314 0

16 3 2 9 2 0 251 282 330 238 231 0

0 0 0 0 0 0 0 0 0 0 0 0

22 3 0 8 4 0 281 317 0 269 311 0

0 0 0 0 0 0 0 0 0 0 0 0

$100,000 - $199,999 current inventory: absorption rate:

18 .22 months

$200,000 - $299,999 current inventory: absorption rate:

67 .73 months

$300,000 - $399,999 current inventory: absorption rate:

87 1.6 months

$400,000 - $499,999 current inventory: absorption rate:

68 2 months

$500,000 - $599,999 current inventory: absorption rate:

63 3.2 months

$600,000 - $699,999 current inventory: absorption rate:

63 2.5 months

$700,000 - $799,999 current inventory: absorption rate:

58 5.7 months

$800,000 - $899,999 current inventory: absorption rate:

37 7.2 months

$900,000 - $999,999 current inventory: absorption rate:

17 5.5 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

37 8.1 months

$1,500,000 - $2,000,000 current inventory: 18 absorption rate: 14.4 months greater than $2,000,000 current inventory: absorption rate:

3 12 months

areas 001, 002, and 004

0 0 0 0 0 0 0 0 0 0 0 0

3 .31 months

Central Raleigh

17 9 0 13 5 0

less than $100,000 current inventory: absorption rate:

109

Ledge Lane

adjacent to the University

Stately vistas and a Bobby McAlpine design merge to create living art in this palatial home. In the words of Bobby McAlpine, “rhythm and repetition, question and answer of sequence, and clear-eyed invitation of good alignment� are evident here in his masterful design. Capturing the essence of Tuscan architecture, the site, the plan and the quality of construction and the materials speak to the soul of the style through its own vernacular.

of North Carolina campus

Offered at $4,750,000 6850 Heated Sq Ft Four Bedrooms, Four Full and One Half Baths Sited on 3.47 Acres adjacent to the UNC campus

3124

Surrey Road

in Historic Hope Valley

Sumptuous grounds and a custom Hutch Johnson design meld with timeless materials to make this stunning home a Hope Valley icon.

Originally constructed in 1936, the home has evolved with the times while maintaining the classic elements of a Southern Manor. The precisely landscaped and manicured grounds speak to a bygone era, while the modernized brick home makes a statement clearly in the present. This carefully considered unification of historical significance and contemporary ideals makes 3124 Surrey Road truly timeless.

Offered at $3,300,000 9085 Heated Sq Ft Five Bedrooms, Four Full and Three Half Baths Sited on 3.12 Acres on the Hope Valley Golf Course

5

Tin Barn Place

in Croasdaile

Nestled on a cul-de-sac in the coveted Croasdaile Farm community, this stately home embraces classic lines, natural light, and modern living. Throughout the home, modern materials and accent pieces add style and sophistication, while never detracting from the livability of the space. Elegantly understated ... nothing is without purpose. It is this sense of design and aesthetics by architect Bill Waddell, combined with the quality craftsmanship of Chase Building Company, that create a home that inspires the joy of living.

Farm

Offered at $1,175,000 4262 Heated Sq Ft Five Bedrooms, Four Full and One Half Baths Sited on 1.382 Acres in Croasdaile Farm

6608

Creekwood Drive

in Creekwood

The Creekwood community is known for its stately homes, quiet setting and graciously rolling land. Built by Keith Dixon, one of Chapel Hill’s best loved builders, this brick home emanates the classic style of a Traditional Georgian. Simple touches, like the copper adorning the bay windows, can be found throughout the home and add an element of sophistication and interest. The home melds into its setting, and manicured grounds blend seamlessly into natural beauty. Sun drenched from well-placed windows, the interior rooms offer sophistication and style.

Offered at $1,025,000 4643 Heated Sq Ft Four Bedrooms, Four Full Baths Sited on 2.11 Acres in Creekwood

4156

English Garden

A stellar home with exquisite finishes throughout located in the most desirable and accessible area in Raleigh. 4156 English Garden Way was custom built with an intent to maintain a light and airy feel throughout. Spacious windows wash rooms in sunlight. The soft color palette is refreshing and au courant. Amenities include granite or marble counters in the kitchen and all baths, a first floor master suite with a stunning carrara marble bath, a spacious covered brick porch overlooking a lovely garden, ten foot ceilings with lighting detail in a raised trey, and natural cherry cabinets and stainless KitchenAid appliances in the kitchen. The upper level features a spacious gathering area with room for large recreational furnishings and abundant seating.

There are two en suite bedrooms that are graciously proportioned, each with a beautifully finished bath and abundant storage. Enjoy a

relaxed, maintenance free lot.

Offered at $725,000 3364 Heated Sq Ft Three Bedrooms, Three Full and One Half Baths 42

Sited on .17 Acres in Glenlake South

100

Arcadia Lane

Rooted in history and heritage, the great Traditional Style home successfully marries elegance with comfort. Add a convenient setting, and the effect is stunning. Graced with elegant design features, the entry becomes the window into the interior rooms and offers a glimpse of the home’s character. Multiple living areas are one of the elements that make it unique and highly livable. The kitchen is not only beautifully appointed and well positioned, it is also aesthetic in keeping with the rest of the home. Remaining open to the family room, it encourages interaction between the rooms and begs for conversation while meals are prepared. Sited on a large lot in the coveted Chesley neighborhood, this home's location is prime. Near Duke, UNC and 15-501, getting around the Triangle is a breeze. Even the exterior, its

grounds and its views are the ultimate in the classic philosophy of classic

Traditional Designs.

Offered at $625,000 3356 Heated Sq Ft above grade Five Bedrooms, Three Full and One Half Baths Sited on .86 Acres, walking distance to East Chapel Hill High

41

5301

Weston Downs

A beautiful oasis on perhaps the best lot in Weston Downs. Delightful landscaping includes a water feature with a soft melody of falling water to make soft Carolina evenings even more pleasurable, a brick patio for lounging and a screen porch. The deep lot backs to greenspace with gorgeous views providing plenty of privacy. Specialty plantings up the enjoyment quotient every day. With five bedrooms and three and a half baths, a family room open to the kitchen and a second floor bonus room . . . this home truly has it all. There is a first floor guest suite and a first floor study. The open, delightful layout is on everyone's "wish list."

Immaculate inside and out, this is a home that will be sought after. It is conveniently located in southwest Durham near Creekside Elementary School. Shopping, dining, UNC and Duke University are all within a ten to commute. More pictures and details are available on fifteen minute

my website.

Offered at $450,000 3432 Heated Sq Ft Five Bedrooms, Three Full and One Half Baths 42

Sited on .27 Acres in Weston Downs

19

Pennington Place

Welcome to a home that charms and excites. From the stately brick front, to the well-manicured grounds, this home is certain to delight.

Set in The Valley it is convenient to Duke, UNC, 15-501 and I-40. With a low maintenance community, focus can be placed on living rather than upkeep. Inside, the large family room and deck are a pleasure throughout the seasons. Connectivity between rooms makes it ideal for entertaining. Hardwood floors found throughout this level (except for the tile bath) offer a reflective surface for natural light. There is a main level master suite as well as a study. The recently renovated kitchen, done in the French style, is thoughtfully appointed. Located conveniently near the kitchen, the dining room can easily fit a sizable table. Two bedrooms on the second level boast generous closets and a Jack-and-Jill bath. The bonus room is perfect for any use – the ideas

are limitless.

Come experience this home has to offer. the possibilities

Offered at $400,000 2690 Heated Sq Ft Three Bedrooms, Three Full and One Half Baths Sited on .124 Acres in The Valley

43

30

Monarch Trail

An absolute gem in Briar Chapel, this home boasts all of the most updated designs and materials. Hardwood floors and oversized tile are found throughout the main level. The modern kitchen is chic and classic with a white tile backsplash and modern lighting. Vaulted ceilings in the master suite create a sense of classic comfort. With its own private porch, it is a place to enjoy to the fullest. The Briar Chapel community is a joy to live within. Explore the great outdoors with 24 miles of trails and 900 acres of preserved land. The resort-style pool makes every summer day feel like a vacation. Enjoy dual water slides, a diving well, and an eight lane lap pool. Even the little ones can get in on the fun with the splash pad. Not to be missed is the fitness center. Take classes or work out at your own pace. Or stroll down to the Courts at Boulder Point

to play tennis, basketball or pickleball. Here you can live in the most updated style with a community focused on joy.

Offered at $345,000 2200 Heated Sq Ft Four Bedrooms, Three Full Baths 42

Sited on .27 Acres in Briar Chapel

3618

Stonegate Drive

Welcome to The Woodlands of Chapel Hill. Design your dream home within the confines of this stunning community. Only a ten minute drive from downtown and all of its amenities, this neighborhood feels like a world all its own. Large wooded lots and natural beauty define the area. Pulling from the ideals and aesthetics of Frank Lloyd Wright, homes commune with the sites. Natural stone, handmade brick and hardwoods grace the exteriors. The land slopes and rises with subtle

grace. Every home here was designed to accentuate its setting, rather

than detract from it. Enjoy the freedom to design your perfect home and build it within the context of its community, its setting and its

Offered at $150,000

style. Though architectural review is required, possibilities are endless

1.2 acres in The Woodlands

in creating a home that works for its owners as well as it works for its

Chapel Hill Schools

surroundings. It is a rare opportunity to be so near to downtown and

Easy Drive into Downtown Chapel Hill

within the Chapel Hill School District and still be removed from it all.

Sunflower Bench artist, Jim Gallucci

the

North Carolina Botanical Garden

"to inspire understanding, appreciation, and conservation of plants and to advance a sustainable relationship between people and nature."

This is Our

Guiding Mission

History North Carolina Botanical Garden is a legacy . . . a gift of dedication . . . a history of regional science . . . and a quest for the love of knowledge.

A clump of bushes was the "Respected Faculty." A larger clump of bushes was the "Fellow Students."

And a smaller group was his "Beloved Classmates."

Kemp P. Battle rehearsed in his sylvan stage, "so often that it would be impossible for my memory to fail."

From William Chambers Coker's inspiration in 1903 until now, botanists have pledged themselves and the University of North Carolina to act as a leading center for research and education of the flora native to the southeastern United

This well-versed valedictorian was to become the president of UNC. Kemp Battle blazed the first trails through the forest and his sylvan stage was named after him . . . Battle Park.

States.

Committed leaders have valued the tenuous relationship between the habitat, the environment, and the quality of human life. Today, commitment is as strong as it was in 1792 . . . when the story begins.

In 1792, Mark Morgan Jr., his cousin, and several local farmers donated 1,000 acres of land to create the University of North Carolina and the village of Chapel Hill.

Imagine the legacy Of this land, 93 acres of forest were located east and south of the original campus. Many trees and plants in this locale pre-date the first European settlement in 1740.

In 1849, a University senior sat in these forests and practiced his valedictory address. A projecting rock was the "Venerated President."

Mary Elizabeth Morgan Mason (a relative of the original donors) bequeathed an additional 800 acres of Mason Farm to the University of North Carolina in 1894. Her gift stipulated that the land was never to be sold or divided, and that UNC maintain her family cemetery.

Of that land, now 200 acres are Finley Golf Course, the remaining 600 acres are now the Friday Center, several athletic fields, and the Mason Farm Biological Reserve, and the North Carolina Botanical Garden.

Cattail Gate

artist, Jim Gallucci

T

ransformation In 1903, five and a half acres of boggy land east of campus were used primarily for grazing livestock. Its most notable occupant was UNC President David L. Swain's white mule, "Old Cuddy."

William Chambers Coker was the first Botany professor at the University of North Carolina and the first chair of the University Buildings and Grounds Committee. Coker began transforming this boggy pasture into an outdoor classroom for the study of trees, shrubs, and vines native to our State.

Henry R. Totten enters the picture in 1916. He was a Ph.D. student of Dr. Coker's and an instructor at the university.

Together, Totten and Coker planted a "physic garden" in the Coker Arboretum. Totten's specialty was pharmaceutical botany. Dr. Totten's "drug garden" became a highly respected site for research and teaching.

During and after World War I, there was a shortage of raw drug plants from Europe. Dr. Stockberger of the USDA's Drug and Poisonous Plant Investigation made a donation of seeds and roots for study and growth. In the late 1920s, Coker and Totten proposed a more complete botanical garden to be located south of the main campus.

Coker Arboretum grew to the home of 176 drug plant species and was selected by the United States Department of Agriculture as one of the best pharmaceutical gardens in the United States.

After World War II, drugs began to be synthesized in laboratories. Pharmacy students no longer needed to know about the uses and preparation of medical plants. The "drug garden" fell into a state of neglect.

Spider Gate

Digressing a bit, in the 1930s Alma Holland Beers, the first female botanist at UNC, begins teaching undergraduate and graduate students. Her favorite subject was the "Structure, Growth and Classification of Ferns."

Plantings were made by Coker, Totten and their students in the 1940s on the land that is now the North Carolina Botanical Garden. And in 1952, the Trustees of the University of North Carolina dedicated 72 forested acres for the creation of a botanical garden.

William Lanier Hunt, a former student of Coker and Totten, donated an additional 103 acres. This newly acquired land was hallmarked by a dramatic creek gorge.

In 1945, Dr. Coker retired. He bequeathed 25 wooded acres, "the Coker Pinetum," to the University of NC. The bequest stated that the property was to be used for teaching purposes and as a living laboratory. It could specifically NOT be used for athletic fields. If his stipulation was not honored, the land would revert to Coker College.

William Hunt helped found the Botanical Garden Foundation to offer membership support. The first public offering opened on Arbor Day in 1966. Work-study students created nature trails for all to enjoy.

D

edicated

V

William Chambers Coker:

isionaries

William Coker was born in Hartsville, South Carolina. Even as a young child he was fascinated by nature. His intrigue was shared and encouraged by his father. William's early schooling was with his governess, but later he went to a preparatory school, and to the University of South Carolina.

Coker's first job was to be a "runner" for the Atlantic Bank in Wilmington, NC. He was promoted to one of the vice presidents of the bank two years later.

But William Coker still craved more education. He left banking in 1897 and studied at Johns Hopkins where he received a Ph.D. with high distinction. He completed additional studies in Germany.

Destiny brought Dr. Coker to the University of North Carolina. In Chapel Hill, he found a habitat that was botanically rich and unexplored.

William Chambers Coker became a world-renowned botanist, particularly known for his studies of fungi (mycological studies). He published five books and was eminent in his field.

William also had a talent for landscape architecture as is evidenced in Coker Arboretum and throughout the UNC campus where buildings were softened by informal plantings. Coker experimented with grasses in an attempt to find a mixture of seed suitable to keep the lawns of Chapel Hill green throughout the year. A mixture was finally selected and a pamphlet was published telling in great detail how to prepare the ground and plant the seeds.

William Coker's favorite class to teach was General Botany, and he was a favorite professor. He was cherished by his advanced students for the intimate (3 or 4 person) classes, and his participation in their research. But his highest acclaim was that he was, "never too hurried to look at something of interest that a student had found, and he had a rare ability to stimulate the student to want to find out more, and to believe in the importance of what he or she was doing."

Sarracenia le

eucophylla, Tarnok

R

ecognition

In 1966, the North Carolina Botanical Garden was now chartered as a non-profit organization and it was incorporated. William Hunt acted as the first president of the Botanical Garden Foundation. More works were published by professors at the university drawing attention to their respected research and the fledgling facility.

C. Richie Bell became the first salaried employee of the NC Botanical Garden. His job was to supervise work-study students. The work of volunteers for 65 years came to fruition.

A new planting project, Azalea Hill, was sponsored by the Men's Garden Club of Chapel Hill. It was designed by William Hunt and was the Garden's first specific planting project. Native azaleas were placed along the new trail through an opening in the forest created by a fallen oak.

The North Carolina Botanical Garden prepared an exhibit for the State Fair in 1970 entitled "Planting with Native Plants." It included botanicals from the Mountains, the Piedmont, and the Coastal Plains. Similar exhibits were established over time at the Botanical Garden. Added to these were the plant collections of Carnivorous Plants, Aquatic Plants, Southeastern Ferns, Sandhills Habitat, and Plant Families.

Also in 1970, the NC State Legislature allocated state funds for some of the Garden operations. Fortunately, the Garden's formative period coincided with an interest in plants and in conservation fueled by the environmental movement. The first was celebrated and it drew national attention to the environment.

Earth Day

Tour guides (all volunteer) began leading visitors through the "Habitat Hikes" and long range plans were made for headquarters on Laurel Hill Road. At this time, there were only two garden staff . . . Ken Moore and his horticultural assistant Anne Benson. They had five work-study assistants. Classes were offered for the first time in the gardens.

In 1973, the Herb Garden was established and in1975 staff moved into the Totten Center from the "Green Shed" (a tool shed that had sheltered staff). Garden membership totaled 200 people.

M

ilestones . . . moving forward

Post 1973 there have been myriad achievements and many national recognitions. Yet still the core of success for the North Carolina Botanical Garden comes from the people. It is their inspiration, their dedication, and their commitment to hours of service that make the Garden a vibrant, innovative source of botanical knowledge.

Mark Morgan Jr, and his cousins

Mary Elizabeth Morgan Mason

Kemp P. Battle

William Chambers Coker Henry R. Totten Alma Holland Beers William Lanier Hunt Ken Moore Anne Benson C. Ritchie Bell

the Garden Club of North Carolina

James and Delight Allen

and all contributors who give of their time & resources

programs include Conservation & Environmental Protection

Educational Plant Collections and Habitat

Horticultural Therapy

Multi-Generational Education Programs Native Plant Studies Botanical Art and Illustration Plant Protection Inspiration of Literature & Science Wildflower of the Year Children's Wonder Garden

Use of fire to maintain habitat & natural areas

Environmentally Responsible Gardening Practices & More The North Carolina Botanical Garden remains a strong botanical and educational leader.

It continues to inspire and to innovate. It is a non-constrictive venue for planting, learning and growth.

We owe much gratitude to those who protected their native environment for us.

Hopefully we will pay them back by protecting it for future generations.

T our

radition

Eleanor Smith Pegg Exhibit Hall

Arthur DeBerry Gallery

T

oday

The

James and Delight Allen Education Center

greets all who enter the North Carolina Botanical Garden. It is a leader and a model for green building. The Education Center combines the use of water efficient systems, renewable energy, energy conservation and healthy building materials to earn LEED Platinum status. It is the first public building in the state of North Carolina to earn the green building top award.

Most impressive . . . more than six hundred individual donors raised 100% of the funds needed for construction. The Allen Education Center celebrates relationships between humans and nature through integration of indoor and outdoor spaces.

The freshman who wrote, "Surrender to the Enemy," was Paul Gree Paul was born in Buies Creek, NC. Nationally acclaimed, Paul Green won the Pulitzer Prize for Drama in 192 the plight of African Americans in the South. His outdoor play, "The Lost Colony," was first produced du outdoor historical drama in the United States, and is still being enacted

The cabin pictured to the right was originally built by Robert Davis as a basket weaving and casket making sh to Paul Green. He treasured the cabin and moved it to the back of his home on Greenwood Road in Chape retreat. Paul Green was also devoted to the plants native to North Carolina. The flora as well as the peop

The Paul Green Cabin was restored and moved to the Mountain Habitat section of the North Ca

F T orest

heatre

In 1917, a freshman at the University of North Carolina wrote a one act play, "Surrender to the Enemy," that was performed in Battle Park.

Impressed by the performance in a natural, outdoor venue, Professor Henry Koch (founder of Playmakers Theatre) suggested an outdoor theatre. Dr. Coker selected the site for a stone amphitheater set into the hillside in Battle Park.

The Forest Theatre opened on July 31, 1919. Its inaugural performance was Carolina Playmakers' "Taming of the Shrew."

en.

26. The play, "In Abraham's Bosom" depicted uring the Great Depression. It is the oldest d today.

hop. In 1939, Davis' widow offered the cabin el Hill where it stood as his writing studio and ple gave him inspiration for his best works.

arolina Botanical Garden in 1991.

Forest Theatre was rebuilt with Work Projects Administration funds between 1940 and 1942. The WPA with $20,000 added two lighting towers, a director box, a ticket box, terraced flagstone steading, and stonework around and behind the stage.

In 2004, the Forest Theatre became a part of the North Carolina Botanical Garden.

the North Carolina Botanical just celebrated its 29th annual

Gard

Sculpture in the Garden

L. Attar, R. Esprit

artist, Mike Doig

den

The North Carolina Botanical Garden is open Tuesday through Saturday: 9 am - 5 pm Sunday: 1 pm - 5 pm Closed Mondays and University Holidays The Piedmont Nature Trails, Coker Arboretum, and Battle Park are open from Dawn to Dusk every day of the year.

Leashed dogs are allowed on the Piedmont Nature Trails. Dogs are not allowed inside the fenced area of the display gardens.

Hare

artist, Tinka Jordy

Other Annual Events Include: Winter in the Garden Holiday Festival Evelyn McNeill Sims Native Plant Lecture Spring Plant Sale and Festival Carolina Moonlight Garden Party Discovering Magic in the Garden Fall Plant Sale and Festival Pumpkins in the Garden: BOO-tanical Jenny Elder Fitch Memorial Lecture For more information and other opportunities go to

http://ncbg.unc.edu The Garden is a non-profit unit of UNC All donations are appreciated

Perpetual Bond

artist, T J Christiansen

Our next edition will feature other local

We hope you enjoy our magazine articles.

Our website www.cookepropertyinc.com has a

separate magazine that includes coverage of many local attractions.

G

ardens

Cooke Property Inc. 2 Hastings Square Durham, NC 27707

Contact information Lucia Cooke

919. 225.3181

luciacooke@gmail.com Allison Cooke Zimmerman

919.818.5641

aczim11@gmail.com Cecil Cooke

919.599.4302

cecilcooke@gmail.com

Koi Bench

artist, Jim Gallucci

www.cookepropertyinc.com