Page 1

the

COOKE REPORT

A LOCAL REAL ESTATE MARKET UPDATE 2018

designed, photographed, written and published by Allison Zimmerman and Lucia Cooke


Dear Reader,

This has been a very exciting year for real estate in the Triangle. There is good activity in all price

ranges. Without the expert assistance of Dorothy Wallace, our new associate, we would not have been able to produce a mid year magazine.

Typically, we include an article about a local attraction. Instead, you will find a single page from a

new article on Duke Gardens. You can read the full article in our new Local Attractions Book, which is enclosed. We have compiled articles we've written over the course of many years, and many magazines into one guide. Over time, we will be continually adding on to the book. An E-copy is available on our website. If you have favotite spots you would like to see included, we appreciate you input.

This year has been full of opportunities and exciting evolutions. We cannot wait to see what comes

next! As always we extend our thanks to all of our many customer, friends, and former clients for their continued support and trust in our firm. We will continue to strive to exceed your expectations. 2

Lucia Cooke Allison Zimmerman


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

3


All photographs were taken by Lucia Cooke at

"Duke Gardens"


2018 January 1 to July 1

Overview

2018 totals are to date July 1, 2018 2017 totals are for the entire year

2018 2017

Total Homes Listed

1,008 1,660

Average Sales Price

Sale Price/List Price Ratio

Orange County all Detached Homes $440,016  $416,456

99% 98%

Orange County all Detached Homes priced at or over $700,000 2018 158 $970,425 2017 211 $969,789 Orange County all Attached Homes (condominiums and townhomes) 2018 362 $219,005 2017 299 $234,574

2018 2017

  2,249 4,505

Durham County all Detached Homes   $282,962  $268,305

2018 2017

Durham County all Detached Homes priced at or over $700,000   73 $888,121 96 $909,173

2018 2017

Durham County all Attached Homes (condominiums and townhomes) 788 $217,419 950 $177,432

98% 97%

100%  99%

101% 99%

97% 98%

101% 99%


2018 January 1 to July 1 continued

Total Homes Listed

Wake County all Detached Homes 2018 9,872 2017 19,512

Average Sales Price

 $353,588 $355,908

Wake County all Detached Homes priced at or over $700,000 2018 802  $907,391 2017 1,308 $936,181

Wake County all Attached Homes (condominiums and townhomes) 2018 2,796  $222,567 2017 4,533 $225,850

Chatham County all Detached Homes 2018  852 2017 1,732

Sale Price/List Price Ratio

100%  98%

 98% 99%

100%  100%

$394,504 $400,813

98% 98%

Chatham County all Detached Homes priced at or over $700,000 2018 122 $825,129 2017 186 $994,338

98% 97%

Chatham County all Attached Homes (condominiums and townhomes) 2018 41 $254,986 2017 69 $238,735

99%  98%


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

PAST 07/01/2016 to 07/01/2017

RECENT 07/01/2017 to 7/01/2018

Absorption rate is derived by dividing the active listings by the average number of sales per month in each price category. It indicates the average number of months a home in a specific price range would take to sell.


$300,000 - $399,999

$400,000 - $499,999

$500,000 - $599,999

$600,000 - $699,999

 0   0

 0  0

 0   0

  0   0

0 0

 0     1

recent past

0 0

 0  0

 0   0

 0     0

   0      0

0 0

 0  215

 229   212

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

recent past recent past

 0   0  0   0

$900,000 - $999,999

$200,000 - $299,999

0 0

$800,000 - $899,999

$100,000 - $199,999

Number of Sales recent past

$700,000 - $799,999

less than $100,000

Price Range

  1   1

 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

  1    1  0   0 309   319  0   0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

 0   2   0  0   0 1  0   188      0  0    0  208

  0   1   0  0   0  197   0   0

 0   0     0    3  0   0  0   0  0    0  0  209        0    0   0   0   

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     0      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 more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   0     7    53    48     51   25    38     14    10     12          0     7    53    68    60   33    23    20      7     15         0   176   169   174   186 205   188  207   188   198    0   155   170   163   170  195   199   218 220  224                      

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0   22     19      6      0     1      1      2      2      0       0   32     18      5       1     1      1       1      2      0           0   131   169   163    0 271   168   201   179      0       0   127   166   147   210  193   176   208   158    0      


0    0

256   281 

 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    1    1

       0 0

 0  0

  0   0   0   0

  0   0 2  1   0   0      0      0  244   274   0 0

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

      15      2      3     12      5       1   266  306  300   247  285  438

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

      

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

1 .36 months

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

9 1.06 months

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

15 1.86 months

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

11 2.06 months

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

11 2.4 months

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

10 3.64 months

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

10 2.79 months

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

14 9.33 months

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

8 7.38 months

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

9 7.2 months

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

8 6.02 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 12 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                         0     10     38    19      3       1       1     0           0      0       5       3      11     11      3      0      0     0       

    0      0                         0   233  203   198   201    216   215     0       0      0    211    187   185   176    185    0    0     0   

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0      0                         0     2      0     0      0      0      0      0           0       1                          0     0      0     0      0      0      0      0           0   0    0    155    0  0      0      0      0      0           0  153     0     0    0  0      0      0      0      0      

recent past recent past

    0    0                         0       2      7     5      3      0       1      0            0       1                          0      4     10     4      3      0       2       1            0    0                         0   201   162  188   154      0   231    0       0   155     0   160   184  162   192      0   164   136  

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       1      1      6      0     0      0      0      0      0           0      6     3      3      0     0      0      0      0      0           0    114    161   158      0     0      0      0      0      0           0   145   140   125    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

    0     16     31     66    45    28    26     10       5     2            2     11     41     57    53    31     16      7       2      0           0  169  200    181    162  158   180   169   179   159       83  146    186    173    171  173   153   198   159    0    

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0    11       9     13     2     0      0      0      0      0        0   22     15      12     1     0      0      0      0      0         0  129   150  145   120     0      0      0      0      0         0  123   139  130    125     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   267      0      0

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

      1      0      0       1      0      0  162      0      0  140      0      0

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

      3      0      0       2      0      0   201      0      0    138      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:

2 .5 months

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

15 4.29 months

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

16 1.92 months

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

20 2.61 months

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

11 2.54 months

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

7 2.63 months

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

5 5 months

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

8 13.8 months

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

0 no sales to compare

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

7 21 months

$1,500,000 - $2,000,000 current inventory: 2 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


$400,000 - $499,999

$500,000 - $599,999

0 1

0   1   1  0  0     2   1   1  0  2   

0 0

0  0 0  0

0 0

  0                   0                     160                  184                    0                      0 195                 192                     171                    188                    0  232   

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 0 0 0

0  0  0  2 0  0  0  0 0  0  0 189 0  0  0  0

8   1  0  0  0    0   1  0  0  0    0   165  0    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

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

$900,000 - $999,999

$300,000 - $399,999 0 0

$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

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

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   0  3 22  12 26    17    20      8      5      1           1  9 31  16 31   25     4      7      5     4       0  145   191   168  184 194  198 202   189 204      65  172   166   157   171 179  179  183   197 200   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0    24     13      9       1     0      0      0      0      0            0     13     7      4      2     0      0      0      0      0            0   129    161   192   183     0      0      0      0      0            0   126    167   187   162     0      0      0      0      0       


greater than $2,000,000

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

   1  0  0   0  0  0

 220  0  0   0  0  0

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

  3  0  0   2  0  0 226  0    0  191  0  0

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

     3     0      1      3      1     0   210   0  280   203  524     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:

2 .71 months

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

3 .53 months

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

2 1.14 months

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

6 2.48 months

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

8 5.67 months

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

6 3.27 months

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

2 2.67 months

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

4 9.6 months

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

3 9 months

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

4 6.86 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 12 months

Carrboro 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

0   5 0   0

$400,000 - $499,999

$100,000 - $199,999

0 0

$300,000 - $399,999

less than $100,000

$200,000 - $299,999

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

     5  7    10 17

3  2   1  0   1   0  7  3  0  0  

    0    0   120   134   118  155  185   195    0   215           0    0     0   125   119  0   171   148    0      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

 0   0    53   2   0  0  4  33   2   0  0                         0   136  153   0  0                      120   127                   161   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    8  9 4  4  1  0  0  0  0   0   11  4 4  2 2  0  0   1  0       0   105    96   145   151  151    0    0    0      0       0    95    80   153   145 176    0    0   217      0  

Townhome and Condominium less than 10 years old

Number of Sales

recent past

Dollar per Sq Ft

recent past

 0   0    6   2   0  0   0    2   0   0  0                       0    126  143   0  0                       0    123   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 more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

  7  38  62   4  45  71

32    8  14  10     1    0    1     33   17   8    9     1    2    1    

   62   132   149  157  158                   167  177   199    0  278      43   122   140  143  160                 280  172 204   519  207   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

 0  4   0   0   0 0   0   0  0 0     1  4    1   0   0 0   0   0  0 0     0                    101    0    0    0  0    0    0   0  0    75                     113  151    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  0  0  0    0      0      0    0      0      0

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

   3    0    1    2    0    0

  198    0   335   180    0      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:

0 no current inventory

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

31 2.76 months

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

11 2.93 months

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

10 6.32 months

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

4 2.67 months

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

8 6 months

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

1 3 months

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

5 no sales to compare

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

2 12 months

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

1 4 months

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

1 12 months

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      12     17    23    12      4      4       1       1           0      0       6      3      9    12      7      2      0      0      

    0      0   142   165  174  165   168  496   207  230        0    0   156   158  145  157   174  209    0      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0    8     23      8     0      0      0      0      0      0           0    22       7      0     0      0      0      0      0      0           0    142   132   165     0      0      0      0      0      0           0    123    117      0     0      0      0      0      0      0      

recent past recent past

     1     5     16     6      8      4      0      0      0      0           0    10     14     8     11       1       1       1      0      0         48    113   109   124    131  146    0    0    0      0           0    116    110   122    134  124   177   190    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       1       7      0     0      0      0      0      0      0           0       1       7      0     0      0      0      0      0      0           0   140    129      0     0      0      0      0      0      0           0    117     119      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

   21    78     68     59    29     21      8      5       2      0           25    86     77     45    27      7      4      2       2      0         60  123   142   153  147  155   166   213   252      0     65    114    131   144  143  183   170   185   214      0  

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0      4       5      0     0      0      0      0      0      0           0      7       6      0     0      0      0      0      0      0              0   108    120      0     0      0      0      0      0      0           0    96    116      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

      1      0       1      0       1      0  263    0   442    0  223    0

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

6 2.8 months

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

7 .68 months

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

29 2.6 months

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

35 4.67 months

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

23 4.6 months

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

10 3.24 months

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

4 4 months

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

3 4 months

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

1 4 months

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

0 no current inventory

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

3 36 months

$1,500,000 - $2,000,000 current inventory: 2 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    1      4     12      8     3      1      0      0      0           0   55      7      7      1      1      1      0      0      0       

    0    95   142    174   199   168  149    0      0      0         0  1 04   135    172   192  209  149    0      0      0    

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0    6      0      0     0     0     0      0      0      0           0    29      2      0     0     0     0      0      0      0           0    110      0      0     0     0     0      0      0      0           0   107    118      0     0     0     0      0      0      0      

recent past recent past

    0     11    25     18      2      1     0      0      0      0            1    23     14     2     0      2     0      0      0      0           0   115   100    114   144  153     0      0      0      0         64    98   100    98   0  146     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    20       1      0     0     0     0      0      0      0           0     11      0      0     0     0     0      0      0      0           0    91     115    0  0     0     0      0      0      0           0 84      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

  33   197   208     68    26    13      5      0      0      0         63  241    148     66    22     7      2      2       1      0          74    116    124   136   154  137   144    0    0    0     67   105     117    141   118  132   153   185   97    0      

  

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    2     16      2       1      1      1     0      0      0      0           3     10      2       1     0     0     0      0      0      0         93    91     111   107    119   121     0      0      0      0         76    79     95    113     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      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

     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:

12 .57 months

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

18 .9 months

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

18 2.47 months

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

11 3.57 months

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

4 2.67 months

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

0 no current inventory

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

1 no sales to compare

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

0 no sales to compare

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

3 no sales to compare

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

3 no sales to compare

$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

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      3      2     17    13      5      4      4      1      0            0     0      4     14      5     4      3      3      1       1       

    0    175   157   191   225   178  238  209  330    0       0      0   168   158   222  239  204    197   216  236   

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0      0      0      0      7     0      0      0      0      0           0     10      0      0      2     0      0      0      0      0           0   0    0      0   173     0      0      0      0      0           0  108    0      0  202     0      0      0      0      0      

recent past recent past

    0     7      5       1      2     0      0       1      0      0            0     3       1      3      5      1      0      0       1      0           0  124   143   237   131     0    0   164    0      0       0  124   148   176  130  142    0    0  266      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      7     29      0      0     0      0      0      0      0           0    13      9      0      0     0      0      0      0      0           0   108   155    0    0   0      0      0      0      0        0   123   139    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

    8   146   196     93    39   26      9      9       1       1           18 200   156     58    32     9      7      4      2       1          76   125   155    187   177  186   214   195  326   164      72   122   139    166   188 205   195   163   182   321  

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   19    51      4      3      0      3      0      0      0      0         20    56      7       1      2     1      0      0      0      0         89  106  1 27   278      0  223      0      0      0      0         83   96  1 44   269    192    191      0      0      0      0      


greater than $2,000,000

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

      1      0      0       1      0      0

 255      0      0   218      0      0

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

      1      0      0      0      0      0  246      0      0    0      0      0

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

      3      0      0       2      0      0   238      0      0  240      0      0

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

  

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

3 1.24 months

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

3 .16 months

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

14 .69 months

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

12 1.2 months

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

17 2.91 months

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

14 3.5 months

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

4 2.53 months

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

4 3.2 months

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

1 2.4 months

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

1 no sales to compare

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

3 7.2 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:

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     0      0    30    55     17      5      0       1      0            0     3    10    44    80      9      3      2       1        1      

    0   0    0   167   175  182  174    0  239     0         0  129   165   170   152  154  177   183   185   178    

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0     0      4     26      4     0     0      0      0      0          0     0     4      7      2     5     0      0      0      0          0     0   145   138   179    0     0      0      0      0          0     0   155   146   194  177     0      0      0      0     

recent past recent past

    0     3      6     21    28     11     4       1      2       1            0     3      11    26     18     4      1      0      2      0           0  132   156   149   153  173   153   168   181    177      0  124   163   142   142  152   159    0   187      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      2      4      2      3     0     0      0      0      0           0     4      3      0      3     0     0      0      0      0           0   125    175    151   169     0     0      0      0      0        0    111    159      0   173     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

  22    63   285  248   75   45    17     17      3      2         14   90   328   211   75    21    18     14      5      5         66  140   149  146  154  183  182  197   212   201      52  128   140  140  156  172  186  182  209   216   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   1  163    60      6      2     0      1      0      0      0         14  177    26      8      0     0     0      0      0      0         75  122   126   133   173     0   216      0      0      0         75 112   122   144    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

   224   236    0    224   264    0

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

      2       1      0       2      0      2   256  233    0   289   0   331

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

     5      3      0      6       1      0   255   229      0   222    219      0

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

2 .71 months

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

3 .12 months

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

25 .83 months

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

45 1.58 months

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

27 1.75 months

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

18 2.84 months

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

10 4.44 months

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

11 7.33 months

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

7 14 months

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

6 24 months

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

11 16.5 months

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

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

1 no sales to compare

Jordan High School

      1       2      0      3       3      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      0     37    137   144    60    50     26     10      2            0      2     65    156    116    57    34     12     15      5            m mm   

    mmm     

    0    0   164    161   166   176   185   194    178   194        0   141   148    152   153   158   181   183    174   164   

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     0     21    98    58   20    13      5       5       1           0     3    28    60    41    22    10      5        1       1            0     0   155   163   153   147   162    181    173   237        0    111   152   164   153   152   160    154    158   185   

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      25      4     0     0     0      0      0      0           0      2     17     2     0     0     0      0      0      0           0   131   178    178     0     0     0      0      0      0           0   127   158    126     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    29     93  100    93    43    22    20      7      4            6    56     88    97    89    36    25      8      7      7         54   129   150   160   155  140   164   165   193   193      74   117   147   150   153   151   152   195   167   172   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0     8     23      1     1     0     0      0      0     0           0    10     18      2     0     0     0      0      0     0      

 0   129    142   107    109     0     0      0      0     0       0   130    130   161     0     0     0      0      0     0      


greater than $2,000,000

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

      3       1      0       1      0      0

  258   226      0   240      0      0

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

     0      0      0       1       1       1    0   0    0   196  239  306

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

      3      1      2      10      1      2   195   274  364   217   156  234

     0      0      0      0      0      0

     0      0      0        0      0      0

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

1 1.71 months

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

2 .51 months

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

23 1.37 months

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

59 2.08 months

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

73 2.95 months

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

57 5.56 months

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

46 6.42 months

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

33 7.76 months

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

20 10.91 months

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

12 20.57 months

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

14 28 months

$1,500,000 - $2,000,000 current inventory: 7 absorption rate: 42 months greater than $2,000,000 current inventory: absorption rate:

6 36 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     3    84  262  242   113     77    30      8           0      0     12     41  203  135    93    70    26      6     

    0      0    159  157   136  158   165   188   189    181        0      0    144  149   149  153   164   172   176   189   

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0      0   122  309    47      5      0      0      2      0           0      0   85  342    38     0      0      0      2      0           0    0   146   152   157  198      0    0   201      0           0    0   139   147   155     0      0    0    196      0      

recent past recent past

    2      55     577   741   355  133   84      33      20      8          2      96     678    682   342   138   91      40      21      5        92   143   156   154   144  143   163   154    167    191       0  139   145   144   142  144   151    151   167   170  

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      6   238     96      7      1      1      0      0      0           0    20   222     64      2      1      2      0      0      0           0   148   144   147   156  170   153      0      0      0           0   134   137   142   144  178   187      0      0      0      

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

     2    55   577   741  355  133   84     35    20       8           2    96   678   682  342  138   91    40     21       5         92   143   156   148  144  153  158   175   181   192      103   136   142   142   141  148  159   167   163   148   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    0  228   206     61      5     0     2      2       1      0            1   264   204    39      4     4     2      3      0      0           0  133   137    141   156   0  195   186  230    0      83  120   129   144   164  169  158  248    0    0   


greater than $2,000,000

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

     11      2      2     10      3      0

  225   317   365   220   219      0

    12       4       0        9       1       0     203    0 0  203    0 0

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

    12      5      0          9       1      0        216   217    0   209   216      0

     1      0      0      0      0      0   202    0      0    0    0      0

0 no inventory to compare

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

4 .13 months

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

15 .47 months

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

34 1.11 months

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

59 2.08 months

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

72 2.63 months

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

59 3 months

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

63 6 months

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

26 5.2 months

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

11 6.29 months

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

14 4.94 months

$1,500,000 - $2,000,000 current inventory: 9 absorption rate: 15.4 months greater than $2,000,000 current inventory: absorption rate:

5 8.57 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      4      8    27   49     70     61     22     13          0     0      0     14    30   59     76     53     19     17      

    0   0   143    181   180  190   211  208   222  247        0   0    0    161   176  186  204  202  209  245  

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0     0     17      9    20     9      1      0     0      0            0     9    50      3    30     2     0      0     0      0            0   0   142   134  242  294  364      0     0      0            0  139   138   152   185   211     0      0     0      0       

recent past recent past

    0      1      4    37    20    16     14     25    14      7          0     0      2    33    23    15     16     16      7      1            0    93    144   155  165  202   192   207  207   217       0   0    167   141  169   168   187   209  233   203  

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   32    113     19   20      8      2      0      0      0            0   60    115     15     11       1       1      0      0      0            0  129   143   155  185  228  226    0    0      0            0   117   132   164   171   215  219    0    0      0       

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    2    98  489  488  308  150    92    54    35     24          5   187  549  494  277   134    78    46    33      15        102   131   153   177   193  212  204  208  220   247    107   171   153   134   186 203  202   214   212    211  

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

10  463   305    70    15     4       1      2      0      0        28  548   261    46    12      1       2       1       1      0          79  130   134   162  153  174  225    191    0      0          78  109   129   144  147  179  220   178  301      0       


greater than $2,000,000

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

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

Absorption Rate

  273   312   399  270  335    0

    12      2       1       6       1      2  254  257   415  255  321  330

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

    32      4      0      19      8      0  255   291     0  278   288 0

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

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

7 .21 months

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

8 .24 months

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

27 .87 months

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

51 1.75 months

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

55 2.68 months

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

67 4.42 months

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

45 3.75 months

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

52 8.32 months

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

17 4.53 months

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

43 6.62 months

$1,500,000 - $2,000,000 current inventory: 17 absorption rate: 14.57 months greater than $2,000,000 current inventory: absorption rate:

6 36 months

areas 001, 002, and 004

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

0 no current inventory

Central Raleigh

    33      7       1      12      8      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 $3,000,000 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


32600

Archdale

in the Highland Pond of the Governor's


Embraced with privacy and mountainous views, the overwhelming beauty of this estate is apparent at first glance. Every detail was carefully selected and executed to perfection. Features to note are the suspended custom crafted staircase, the cherry paneled den, the sunroom that is sited to capture spectacular sunset views, the back terraces with masonry balustrades, and the play of light through tall, thoughtfully placed windows. The gourmet kitchen boasts professional appliances and Heritage cabinets. Offered at $2,600,000

Club

6814 Heated Sq Ft Four Bedrooms, Four Full and One Half Baths Sited on 2.6 Acres in the Governor's Club


536

Meadow Run

in Arbor Lea


This relaxed manor rests on a double lot in a pastoral yet convenient setting known as Arbor Lea. Ceilings are elevated, ten feet and higher. In the great room, the ceilings are painted tongue and groove wood adding a layer of texture that is warm and welcoming. Four fireplaces are scattered throughout the most appreciated rooms . . . the great room, the library, the master suite, and the den. Every bedroom is en

suite. The master suite and an additional suite are on the main level. An avenue of crepe myrtles lines the curved drive. Offered at $1,500,000 6463 Heated Sq Ft Five Bedrooms, Four Full and One Half Baths Sited on 7.75 Acres in Arbor Lea


6608 42

Creekwood Drive

in Chapel Hill


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 $950,000 4643 Heated Sq Ft Four Bedrooms, Four Full Baths Sited on 2.11 Acres in Creekwood 41


113

Wicklow Place

An exceptional home in the coveted Oaks Community. All rooms are graciously sized and filled with natural light from well-placed windows. The upgraded kitchen includes leathered granite counters, abundant storage and handsome maple cabinets. The spectacular second floor master suite features a sitting room with a fireplace, and a steam shower, and quartz counters in the adjoining updated bath. There is an extended screen porch and deck overlooking a charming neighborhood pond. A gas line to the deck makes cooking out scenic and fun. The finished third floor suites include two potential bedrooms and a loft. These delightful rooms can also serve as a game room, theater area or an au pair suite. The Chapel Hill Country Club with all its amenities is only a short walk away. A rare opportunity.

Offered at $830,000 4348 Heated Sq Ft Six Bedrooms, Four Full and Two Half Baths 42

Sited on .69 Acres in the Oaks


402

Englewood Drive

Welcome to a spacious, immaculate home in the most coveted schools: Rashkis, Phillips and East Chapel Hill High School. High ceilings allow light to permeate through every room. Current colors and finishes will suit the most discriminating buyer. An open concept keeps the spacious kitchen open to the breakfast and family room. A luxurious second floor master suite boasts high trey ceilings, access to front and back balcony overlooks, a sitting room, spacious vanities, a rimless shower, a waterfall jacuzzi, two walk-in closets and a private office. Other second floor bedrooms are accessed from an open hallway and feature either a private bath or an updated "Jack 'n Jill" bath. The lower level is finished with two large game and craft areas as well as a full bedroom and bath.

All of this and even an outdoor pool for personal pleasure.

Offered at $725,000 4645 Heated Sq Ft

Five Bedrooms, Four Full and One Half Baths Sited on .61 Acres

43


306

Hogan Woods Circle

Here is a spectacular home that is practically perfect in every way. Not only is 306 Hogan Woods Circle stylish and open with dazzling natural light in every room, all major systems are new. A thirty-year roof was installed in 2018, the heating and air conditioning systems are only three years old, the home was freshly painted inside and outside in 2018, and all carpet was replaced in 2018. It is truly "move-in" ready. The delightful layout ensures that every family member is offered privacy for individual tasks, while public spaces are grand and perfect for family gatherings or elaborate entertaining. There are four separate walk-in storage areas. The screen porch and deck overlook private, scenic views. The home is an easy walk to the Lake Hogan amenities that include a swimming facility, tennis courts, a basketball court, a large clubhouse, walking trails and a pond for fishing.

Offered at $700,000 3820 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths 42

Sited on .67 Acres in Lake Hogan Farms


2004

Camden Lane

Sleek, stylish and updated to exceed expectations. A brick and cedar exterior melds this attractive home into its natural setting. A huge Magnolia grandiflora graces the front yard with fragrant white blossoms and shiny green leaves. The backyard features a charming tree house and play structure, and a warming fire pit for s'mores on cool evenings. Or just relaxing by firelight.

Inside there are attractive built-in

bookcases and cabinets and a charming window seat in the side by side living room and dining room. But center stage are the great room and the kitchen behind. Here, sleek European cabinets and professional quality Fagor appliances include a vented hood, gas cooktop, built-in refrigerator and beverage refrigerator. The counters are sleek quartz with glass tile backsplash. The second floor master features a sitting room, a spacious bath and large walk-in closet.

Offered at $595,000 3065 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths Sited on .74 Acres in Chapel Hill

43


1504

Rolesville Road

Oozing with charm, here is a stellar cottage on over three acres of land in popular Wake Forest. From the pond view on the Southern front porch to the side deck and patio areas, there is a delightful outdoor venue. Fresh, bright and open, everything is not just new . . . but finished to the highest quality and design. The kitchen cabinets are solid wood construction with soft close, and dovetail drawers. The stove and overhead range hood are Bertazzoni. The counters are constructed from two stones of exquisite granite. Hardwood floors are found throughout. Each room is spaciously sized for comfort and flexibility. The master bedroom is enormous and features a sitting room with builtin bookcases and cabinets. The master bath is finished to perfection with granite counters, a rimless shower and a soothing garden tub. The secondary bedroom is also a master by typical standards . . . not just because of size but because of its stellar features.

Coming Soon 2019 Heated Sq Ft Two Bedrooms, Two Full Baths 42

Sited on 3.28 Acres in Wake Forest


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 $375,000 2690 Heated Sq Ft Three Bedrooms, Three Full and One Half Baths Sited on .124 Acres in The Valley

43


17

Innisfree

Hidden behind a brick serpentine wall near Durham's best amenities is a charming townhome community called Innisfree. Here, owners can enjoy the privacy of a personal courtyard, the convenience of a garage and carport, and the charming community walking trails and gazebo. Highlights at seventeen Innisfree include three bedrooms and three full baths with one on the main level. There are two fireplaces, one in the living room and another in the master bedroom. There are custom built-in cabinets and bookcases in the living room, dining room, and master bedroom. The charming master bath has multiple skylights with one in the master shower. Rich with deep mouldings and abundant hardwood floors, the craftsmanship is apparent at first view. An oversized deck and walled front courtyard provide extended outdoor living space. A wonderful lifestyle awaits.

Offered at $325,000 1770 Heated Sq Ft Three Bedrooms, Three Full Baths 42

Sited on .077 Acres in Innisfree


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.


D U K E G A

open the enclosed Local Attraction Magazin

a preview


A R D E N S

ne for a full article on these magnificent gardens

w follows


D U K

Internationally Acclaimed Over three hundred thousand visitors come to Duke Gardens each year. They come from all over the world to view the majesty of the formal gardens, the tranquility of the Asian Gardens, the serenity of the native gardens and the activity of the Charlotte Brody gardens. Perpetually growing and changing, every season in the garden brings new delights. From parking by the Doris Duke Center pictured above, there are maps for personal exploration, tours (pedestrian and trolley), and a myriad of events for adults and children alike. The

website

http://gardens.duke.edu/

is

an

excellent source for information about nature walks, classes and workshops, musical events, exhibits, Japanese tea ceremonies, and so much more. The garden is a gift to us all. A gift from the Duke family . . . who were agronomists . . . from professors and physicians, and from . . . many, many volunteers and donors.

Memories that have lasted many lifetimes were made

in these gardens. Memories of weddings and joy, memories of respite. We have marveled at intimate views of lotus, coi, ducks, heron


E

G A R D E N S

ns, bees and even chickens. Acclaims and awards for every aspect of Duke Gardens are stellar and too many to note. The real value is the emotions evoked at the wonder in every corner, the interaction, and the joy each new visit and each new discovery brings.


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 If you would like to be removed from our mailing list, please email luciacooke@gmail.com with your address.

www.cookepropertyinc.com

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Cooke Report Summer 2018  

Cooke Report Summer 2018