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T he COOKE REPORT

A LOCAL REAL ESTATE MARKET UPDATE

Fall / Winter 2016

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


Dear Reader, As we end another successful year, I find myself looking at the progress of the past as well as the possibilities for the year to come. In 2016 we have expanded our firm, streamlined our internal processes (boring, but necessary), and boosted our advertising presence on a variety of platforms. All of this culminates into one of our greatest achievements of the year, launching our new website. The new site is user friendly, mobile compatible and beautifully represents the brand we have enjoyed creating. We believe that it was more than worth the months of planning, design and the occasional curse word. We hope you will find it useful for all of your Real Estate needs. In 2017 we will change our magazine schedule to mailing in March and September. We hope you will continue to find the content useful and informative. I want to extend a special thanks 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!

Allison Zimmerman

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If you would like to be removed from our mailing list, please let me know by email at: aczim11@gmail.com.

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The recent North Carolina Museum of Art Park Celebration included viewing of an exhibition by Amanda Parer: Intrude . . . featuring five giant illuminated bunnies!


November 2016 Overview

Total Homes Listed

Percent Sold

Average Sales Price

Sale Price/List Price Ratio

Orange County all Detached Homes 2016 2015

1,637 1,808

71.47% 63.05%

$405,817 $382,395

97.30% 97.05%

Orange County all Detached Homes priced at or over $700,000 2016 2015

197 247

50.25% 42.11%

$971,349 $937,806

94.93% 95.29%

Orange County all Attached Homes (condominiums and townhomes) 2016 2015

271 299

81.55% 72.58%

$234,986 98.9% $233,932  97.79%

79.89% 77.04%

$254,488 $230,381

Durham County all Detached Homes 2016 2015

4,092 4,125

98.85%  98.05%

Durham County all Detached Homes priced at or over $700,000 2016 2015

111 84

48.65% 54.76%

$1,067,153 $914,705

96.04% 95.03%

Durham County all Attached Homes (condominiums and townhomes) 2016 2015

950 890

85.16% 80.34%

$177,432 $166,983

99.21% 98.58%


November 2016 Overview continued

Total Homes Listed

Percent Sold

Average Sales Price

Sale Price/List Price Ratio

Wake County all Detached Homes 2016 2015

17,283 17,522

75.90% 75.40%

$329,662 $316,234

98.89% 98.48%

Wake County all Detached Homes priced at or over $700,000 2016 1,166 2015  980

44.00% 47.45%

$891,336 $913,454

97.64% 97.12%

Wake County all Attached Homes (condominiums and townhomes) 2016 2015

3,832 3,858

86.25% 88.72%

$197,652 $211,456

98.70% 99.46%

$388,212 $379,377

98.34%  98.26%

Chatham County all Detached Homes 2016 2015

1.392 1,344

67.55% 64.81%

Chatham County all Detached Homes priced at or over $700,000 2016 2015

160 131

35.00% 35.11%

$994,338 $991,821

97.28% 97.24%

Chatham County all Attached Homes (condominiums and townhomes) 2016 2015

54 60

100.0% 88.33%

$243,674 $211,916

98.71% 98.40%


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

PAST 11/1/2014 to 11/1/2015

RECENT 11/1/2015 to 11/1/2016

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


$100,000 - $199,999

$200,000 - $299,999

$300,000 - $399,999

$400,000 - $499,999

$500,000 - $599,999

$600,000 - $699,999

$700,000 - $799,999

$800,000 - $899,999

Number of Sales recent past

0 0

0 0

 0  0

  1   0

 1  0

 0  1

 1  0

   0    1

0 1

recent past

0 0

0 0

  0    0

260  0

 148  139

0 175

196  0

 0  0

  0  184

recent past recent past

0  0  0  0

 0  0  0  0

  0   0  0  0

0 1  0 264

0 2   0 377

0  5  0 374

 0  0  0  0

 0  0  0  0

 0  0  0  0

recent past recent past

 0   0  0   0

$900,000 - $999,999

less than $100,000

Price Range

New Construction Single Family

Dollar per Sq Ft

 0  0

 0  0  

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

 0   1  0 465

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

 0   1 0  0   0 1  0  184   0  0   0  198

 0  2  0  2  0  160  0  165

 1   0   1  0   3   3 156   0  181  0  201  201

  1   0 175     0  

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

     0      1     0      2      3      1     0      0      2     0         0     11     4      1      5    10      1      0      0     4           0  201   0  276  301  193   0      0    158 0       0  172  197  264  326  369  339      0      0 270

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   0     6   47    62   53   37   20    25     8    10         0     17   35    61   32   26    18     18    12      7         0  147  167  171  169  179  181  192 245  238     90  152  149  153  166  173  198  186 200   216   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    7   59     21      6      1     0      1       1       1      1        20   76     17      3      2     2      1      2      0     0          86   125  163   174  209   0   181   180   310   321       91   119  143   184   187  213   181   195      0     0      


greater than $2,000,000

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

$1,000,000 - $1,499,999   0   0

  0   0

 0  0

  0  0

  0   0

 0  0

  0   0   0   0   0   0   0    0

1 1  237  206

  0   0   0   0

  0   0   0   0

0 1 0 455

     1     0     1      1     0     1  184     0 0 422     0 500

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

4 4.3 months

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

18 1.9 months

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

17 2.4 months

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

17 2.7 months

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

19 3.5 months

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

10 2.6 months

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

12 6.3 months

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

10 4.6 months

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

3 2.8 months

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

10 9.3 months

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

7 5.6 months

   

    13     7      1     12     2     0   247  323  306   287     0  520

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

$1,500,000 - $2,000,000 current inventory: 5 absorption rate: 8.6 months greater than $2,000,000 current inventory: absorption rate:

4 48.2 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      7      3     6    11     4     0       1     0         0      1      1      1     5     7     2      1      2     0     

   0    0  199  163   161  170  176   0   211     0         0   80  188  213   179  172  175  213   192     0     

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

   0     2    12     0     0     0     0     0     0     0          0     4    25    12     4     2     0     0     0     0          0   97   147   153   0  0     0     0     0     0          0  118   168  248  248 344     0     0     0 305      

recent past recent past

    0      4     3     3     12     3      3     1     1      1           0      1     0     2     3     3      1     3     2      1           0  121   170  162  162  191  187  159   123   135       0  122     0  189  165  147  195   161  203  220  

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     7      8      1     0      0      0      0      0           0     6    10      4      1     0      0      0      0      0           0  129   144   125  102     0      0      0      0      0           0  158   152   110 468     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     10   45    69   43   24    14      7       2      0            0     11   43    61   48    16   48      5       1      3            0  158  178  161  173 153  154  181   196    0        0  152  165  160  158 170  159  155   183  292   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   8   31    12      3     0     0     0      0      0      0        14   32    12      4     0     0     0      0      0      0        68  132  132  129     0     0     0      0      0      0        66  139  148  122     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

     2      0     0      2      0     0  163      0     0  159      0     0

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

      0     0     0       1     0     0     0     0     0   195     0     0

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

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

1 1 month

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

6 1.1 months

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

13 1.7 months

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

17 2.3 months

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

25 4.8 months

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

27 8.3 months

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

9 5.1 months

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

2 3.3 months

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

0 no active listings to compare

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

4 48.2 months

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

7 43.8 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 4 1 1 0   0   2 0 0 0 0 0 3 3 3   1   0 0 0

0 0

0 0

0 0

175                 177                    171                    0                    0  252 0                     198                   190                   197                    182  0

recent past recent past

0 0 0 0

0 0 0 0

0 0 0 0

0  0 0  1 0                       0 0                      192

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

0 0 0 0

0 0 0 0

2   0  0   0   0   1  0   1   153   0  0   0 0 209  0 216

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

10 37 19 28  30     9      4      1     0       11 28 15 32  21     8      2     2     3       165  141  153  166 182  178  164  169 198   133  153  153  168 186  176  183  178 190  

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

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   2   21    15     8     3    0     0     0     0     0         4   28    14    10     2    0     0     0     0     0        92  135  180  183  166    0     0     0     0     0        89  137  175  179  173    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

 3  0   0  1  0   0 194  0   0 221  0   0

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

     1      1      0      3     0      0  277  523      0  180     0      0

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

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

1 6 months

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

3 1 month

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

4 .85 months

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

6 2.7 months

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

10 3.4 months

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

3 1.3 months

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

0 no active listings to compare

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

2 6.1 months

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

4 18.2 months

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

2 12 months

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

6 18.2 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:

1 no sales to compare

Carrboro High School

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

Absorption Rate


$500,000 - $599,999

$600,000 - $699,999

4 1

6  2  2 0  0  0

$900,000 - $999,999

$400,000 - $499,999 11 3

$800,000 - $899,999

$300,000 - $399,999

0  0    15 5  1  9

$700,000 - $799,999

$100,000 - $199,999

0 0

$200,000 - $299,999

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  122   117 160  172   201   210     0           0   87  147  124   99  151     0      0      0     0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 3   39 0 0 12 0                      117  124 0 0                      125

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 less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 10 8 5 2 1 6 3 5 0    43   99   116   164   145     0   85   117   135     0

0 4   1 0 0    2 1   1 0 0     0  166  203     0     0   140  164  235     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                      123 0                       114

0 0 0 0

0  0 0  0 0  0 0  0

 6  5

58 75

36 29

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

43 55

16   8   3   1   0   1    10   5   3   2   3   4    

 65  127  135  140  165                  167  168 240   0  58  119 104  142  164                 220 248  158  215

206 329

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0  2  0  0  0 0 0  0  0 0   0  3  0  0  0 0 0  0  0 0    0                      108   0   0   0  0  0   0   0  0     0                      106   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

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

 0  0  0  0  0  0  0  0  0  0  0  0

  0    1   0    1   0   0

 0  249     0 252     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:

13 2.6 months

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

7 .79 months

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

6 1.3 months

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

13 5.4 months

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

7 7 months

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

7 6.5 months

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

2 4.9 months

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

0 no current inventory

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

1 12 months

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

2 24.1 months

$1,500,000 - $2,000,000 current inventory: 2 absorption rate: 24.1 greater than $2,000,000 current inventory: absorption rate:

0 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     3     1      7     13     5    10      0     0      0           0     4     4      4      5     4     6      0      1      0      

    0   111   124   158  142  152  177      0    0      0           0   118   129   138  146  158  155      0   221      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0    16      5      0     0     0     0      0      0      0          0     3      2      0     0     0     0      0      0      0          0  118   117     0     0     0     0      0      0      0          0  121   117     0     0     0     0      0      0      0     

recent past recent past

    0    13    21    13    17    5      0     0      1     0           0    16    18    17     7    3      1     0     0     0          0  104   107  122  132 144     0     0  173     0          0    93   110  125  139 128  150     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     7     11     0     0    0     0     0     0     0          0     11     4     0     0    0     0     0     0     0          0   98  108     0     0    0     0     0     0     0          0 100  103     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   89    52    37    22     6     5      0      2     0        42   80    51    37    16     0     4      3      1     0         64  110  128  148  137  176  180   0  213     0    59 104  120  133  152    0  183  178  178     0  

Townhome and Condominium more 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     2      0      0     0     0     0     0     0     0           0    0      0     0     0     0     0     0     0     0         0   99      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      2     0     0      0     0     0   190     0     0

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

     0      1       1       1      1      0   0  223   322  196  228      0

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

9 4.7 months

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

23 2.9 months

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

25 3.3 months

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

17 3.6 months

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

16 3.7 months

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

14 11.5 months

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

11 8.8 months

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

2 no sales to compare

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

4 16 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 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:

2 24.1 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   23      9     11      1     2      1       1      0      0            0    16     15      8      1     0      1      0      0      0      

    0  102  136   150   133   163  148   158      0      0         0   97   96   151  201     0  155      0      0      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0     11     2      2     0     0     0      0      0     0           0     0     0      1     0     0     0      0      0     0           0  105  120    94     0     0     0      0      0     0           0     0     0   101     0     0     0      0      0     0      

recent past recent past

    2   44    22    12     2      1      0      0      0      0           3   35     17      9     3      1      0      0      0      0         74   85   101   132  140  128      0      0      0      0         65   82    96    119  120  134      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

     1    15     0      1     0     0     0      0      0      0            1    15      1      1     0     0     0      0      0      0         55    78     0   112 0     0     0      0      0      0         69    76   114  106 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

  76  234   140     52    18     6       1       1       1      0         97  203    99     31     9     0      0      0       1       1          58  102   115   135  125  146    98   195   96   0     52   96  105    117  142     0      0      0  148  146    

Townhome and Condominium more than 10 years old 18

Number of Sales Dollar per Sq Ft

recent past recent past

    3     6      1     0     0     0     0     0      0      0           5     8     0     0     0     0     0     0      0      0         64   76    75     0     0     0     0     0      0      0         67   70     0     0     0     0     0     0      0      0      


greater than $2,000,000

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

      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      0      0      0

     0      0     0       1      0     0  142      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:

8 1.2 months

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

51 1.8 months

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

32 2.2 months

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

19 2.9 months

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

15 8.6 months

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

5 6.6 months

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

3 18.1 months

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

4 34.5 months

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

2 24.1 months

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

1 no sales to compare

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

1 12 months

Northern High School

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

Absorption Rate

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

2 no sales to compare

19


$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      7     0     3      6      3      1      2           0     0      5      3     0     2      1      8      4      0      

    0     0   161   158     0  217   191  228  168   219       0     0   155   126     0  175  182   182  210      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0      7      0      0     0     0      0      0      0      0           0    12      4      0     0     0      0      0      0      0           0  105    0      0      0     0      0      0      0      0           0  133   137      0      0     0      0      0      0      0      

recent past recent past

     1     8      9      7      7      1      2       1      0     0           3     7      6      7      5     3      0      0      2     0          35   96   125   122  141  141   144   139      0     0     64  110    96   133  126  134      0      0   210     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

    2    25     18      1      3     0     0      0      0      0           2    16      9      1      1     0     0      0      0      0         59  120  148  269  236     0     0      0      0      0         67   119  187  252  199     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

  29 204  144     61    26     7      9      5       2       1          41  196  105    49   20     5      1      2       1      0         79   112  141   164   174  192   207  158 209    191      68  108  139   165    161  185    211   171 249      0      

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

   31    44      6      2      0     0     0      0      0      0         45    32      6      3      0     0     0      0      0      0        86 94 1 57  235      0     0     0      0      0      0        80 100 1 86  170      0     0     0      0      0      0      


greater than $2,000,000

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

     2      0      0      0      0      0

 203      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  241      0     0

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

      1      0      0      0      0      0   226      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:

4 .73 months

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

39 1.6 months

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

32 2.1 months

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

16 2.4 months

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

16 5.3 months

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

4 4.4 months

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

5 3.5 months

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

5 6.6 months

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

3 12 months

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

1 4 months

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

1 4 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 sales 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     5     19    33   42    15      1       1      0      1           0    17      7   48   30      2     4       1      2      0      

    0  128  166   149  148  180  182  178    0    211         0  124  133    131   131  148  186  188  232      0      

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0     0     12      2     5     2     0      0      0      0          0     0      0      4     2     2     0      0      0      0          0     0   177   177   187  358     0      0      0      0          0     0      0   167 204  252     0      0      0      0     

recent past recent past

    1     3     13    50    25     5      6       3       1      0            3     5     15    48     21    11      2      4      2      1         48  135  139   126  132  149   162   157  179      0      67   97  130    121  132  152   145    119  170      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    68     11      4      2     0     0      0      0      0           0    42    27      5      2     0     0      0      0      0           0    111   148   160  172     0     0      0      0      0        0    111   133   172     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

  18  100  336   195   53    21    13      4      5      3         25  157  290    118   35    19    15      2      6      2         58  123   135  132  153  179  187  194   193  202     49   118   125  133  145  185  170  244   185  206   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

  23  189    16      1      0     0     0      0      0      0         27  183    15      0      1     0     0      0      0      0         82  107   132    88    0     0     0      0      0      0         77  103   114      0  285     0     0      0      0      0      


greater than $2,000,000

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

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

Absorption Rate

   241   313   182      0  224      0

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

      0       0      2       1       1      1   199 205  331   199 205 409

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

     8      1     0      5      0     0   207   293     0   271      0     0

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

3 .78 months

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

27 .86 months

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

24 1.1 months

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

50 2.2 months

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

49 4.6 months

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

12 3.1 months

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

7 3.8 months

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

6 9.1 months

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

5 10 months

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

4 12.1 months

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

6 5.2 months

$1,500,000 - $2,000,000 current inventory: 2 absorption rate: 12 months greater than $2,000,000 current inventory: absorption rate:

4 16 months

Jordan High School

     6       1      1      0       1      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    80  149    98    43    23     11     12     2          0     2    32    116   116    53    12      6      4     3           mmm  

    0  146  138   149  153  160  163     0  140  140   143  146  149  170

188   175 200   193

172    206      

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      2      0     0     0     0      0      0      0           0    0    0      0     0     0     0      0      0      0           0    0   128      0     0     0     0      0      0      0      

recent past recent past

    0     9   45    64   66   31    11      2      3      3           0     6   45    66   37   18    15      7      5      0           0   128  142   157  146  143  165  129    181   175        0   112  144  149  143  141  166  168   172      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     3    21      3     0     0     0      0      0      0           0     8    15      0     0     0     0      0      0      0           0  125  156   134     0     0     0      0      0      0           0   117  159      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

    6     47     70    62    41    21    13      8      3      2           4     62     81    47    37   19     6      3      3     4           61   124   134   143  156  162  146   159   150  175        69    114    130   146  146  152  155   206   163  183   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    2     11     18      3     0     0     0      0      0     0           1    12     16      1     0     0     0      0      0     0      

116   132    121   156     0     0     0      0      0     0        95    117     111    113     0     0     0      0      0     0      


greater than $2,000,000

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

    4      0      0      0      0      0

  244      0      0      0      0      0

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

     3      0      1      5      2      1   182    0   284   193   215   271

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

      5      1      0      4      0      0   197   156      0   195      0      0

     0      0      0      0      0      0

     0      0      0      0      0      0

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

3 2.3 months

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

6 .97 months

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

17 .86 months

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

75 3.2 months

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

95 5.6 months

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

64 8.1 months

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

49 12.5 months

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

22 12.6 months

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

19 12.7 months

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

13 22.4 months

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

21 21 months

$1,500,000 - $2,000,000 current inventory: 5 absorption rate: 60.2 months greater than $2,000,000 current inventory: absorption rate:

10 120.5 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    20    59  130 102   86   48    13     4           0     0    33   132  142   63   78   40    19     8           0     0   144     0     0   134

149 144

149 142

153 147

164 158

172 165

176    189   185    180  

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0     0  156 233    23     0     0      1      1      0           0     8  269   69     0     0     0     0     0      0           0    0   137  145  161     0     0  189  200      0        0   112   128  142     0     0     0     0     0      0      

recent past recent past

    0      3    47  203   211   96   54    17    12      4         0      1    79  201  143   87   34    12      7      3         0   130  142 136 139 143 147 150 166 174     0   113  130 129 131 145 148  151 160 155  

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  104  291    59     5      3     4      0      0      0           0  163  193    34     6      1     3      0      0      0           0   120  127   132  153  143  168      0      0      0           0   112  120   141  158  162  169      0      0      0           

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

    5  151 647  573 254  113   76     24      9      3           2 245 764  522  178   70   48     19      8      3         80  134  140  138  140  153  162  171   181  159      59  123  129  130  138  149  156  154   178  170   

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

  16 300    99     15     2     2     2      1      0      0        34 324    77     11     2     3     2      0      0      0       103    111   128   139  159  127  267   142      0      0        89 106   131   129  127  161  192      0      0      0      


greater than $2,000,000

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

     6      1      0      4      2      0

 220   219      0  202   212      0

    6       0       3       10       1       1   203    0 246  190   310 225

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

     6      1      0          4      3      0      193  215      0   183  234      0

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

2 .8 months

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

11 .33 months

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

12 .37 months

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

37 1.2 months

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

56 1.95 months

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

85 3.2 months

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

61 3.3 months

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

28 3.6 months

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

13 4.5 months

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

6 6.6 months

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

15 10 months

$1,500,000 - $2,000,000 current inventory: 3 absorption rate: 18.1 months greater than $2,000,000 current inventory: absorption rate:

5 20 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     1     4    6    20   45    69    50     12   10         0     0    14   20    38   47   43    39      9     7      

    0  146  139  128  156  180  199  199  206  243       0     0  128  143  162  174  197  196   216   212  

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

    0    21    58    14    39     0     0      0     0      0           0   39   46    37    39     0     0      0     0      0           0  132  136   172  176     0     0      0     0      0           0  123  167   173  173     0     0      0     0      0      

recent past recent past

    0      0     16    39    33    29   18    18     8     6           0      2    22    47    25    19   26      9    13     4           0    0   133   132  147   172  174  201  201   198       0  122   123   139  153   153  168  185  196   179  

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  151   189     31    12      1     2      0      0      0          2  183   171     51    13      3     3      2      1      0          0   119  126   170   178  122 208    0    0      0        71    111  142  204  223 222 339  249  272      0     

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

  10  246  562  427  218   93    72    30    27      7          16  321  649 424  185 105   42    30    20      7       89  117   146  167  184  205   211  204    213  199    70  114   139  157  174   199  194   194   236 240  

Townhome and Condominium more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

140 626   156    50    13      4      2      0      0      0        232 733   151    42    15      6      1      2      0      0          74  105   143   157  168  218  239      0      0      0        75  96   147   170  149  177  263  294        0      0


greater than $2,000,000

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

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

Absorption Rate

 283   314   349  264  253      0

     9      2      0      6      3      1  238  231    0  233  248  273

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

      8     4      0     18     4      1  269   311    0  246 345   219

      0      0      0       1      0      0      0      0      0 400      0      0

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

6 .18 months

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

15 .63 months

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

50 1.7 months

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

72 2.6 months

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

61 4.1 months

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

76 5.4 months

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

73 8.8 months

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

32 7.8 months

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

29 15.2 months

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

30 12 months

$1,500,000 - $2,000,000 current inventory: 22 absorption rate: 24.2 months greater than $2,000,000 current inventory: absorption rate:

5 30.1 months

areas 001, 002, and 004

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17 1 month

Central Raleigh

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


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 Lane truly timeless.

Offered at $3,500,000 9085 Heated Sq Ft Five Bedrooms, Four Full and Three Half Baths Sited on 3.12 Acres on the Hope Valley Golf Course


2402

Scenic View Lane

This property was selected and studied by the owners with every angle of light and view considered. Philip Szostak, acclaimed architect of the Durham Performing Arts Center, was selected to design a home to maximize views of the magnificent setting. The views from every room are spectacular and change from morning to night to bring mesmerizing warmth and vibrance throughout. The home and setting meld into perfect symmetry for those who love nature, privacy, proximity and serenity. Inside the home, vaulted ceilings with two-story windows maximize those pristine views while hardwood flooring gleams from the natural light shining in. Custom cabinetry and immaculate woodworking throughout the home add yet another level of attention to detail. Numerous patios, porches and decks allow plenty opportunity for relaxation in this outdoor haven. With a home such of

this, it’s hard to tell between a residence and a retreat. as the difference Offered at $1,050,000 4570 Heated Sq Ft and a Barn Four Bedrooms, Three Full and One Half Baths Sited on 5.09 Acres . . . with Chapel Hill Schools


101

Juniper Place

Cedar, stone, and antique mahogany – natural elements and the classically clean lines of the exterior facade give 101 Juniper Place the distinction of melding into its 1.73 acres of lush landscape and of being nestled in the warmth of dappled sunlight and traditional blue skies. Inside, the sense of space, volume and openness is refreshingly reminiscent of shingle style architecture. Wide corridors with ten foot ceilings lead to a series of spacious rooms. Each traditionally respected and with a modern twist. The acreage allows a linear design where every room can boast both exterior views and a feeling of unity with surrounding interior space. Situated between Duke and UNC, with this locale you can have the whole package – Chapel Hill’s renowned schools, low taxes and acreage. And to add to the concept of a great lifestyle, neighborhood amenities include the Stoneridge / Sedgefield

Swim and Racquet Club. Coming this Spring 5417 Heated Sq Ft

Four Bedrooms, Three Full and Two Half Baths Sited on 1.73 Acres in Stoneridge


206

Whirlaway Lane

This stunning custom-built home in Triple Crown Estates within the Chapel Hill school district is truly one-of-a-kind. The all-brick exterior is accented by keystones above the windows, and a large circular covered porch embellishes the entryway. It emits a sense of permanence and is a rare find with three stories – the living area on the first featuring a bowed bay window and built-in bookshelves in the family room, generously-sized sleeping quarters on the second, and a bonus room with its own half bath, wet bar and skylights on the third. The luxurious master suite is a retreat unto itself with access to the back deck and pool area. Hardwood floors are found throughout much of the home adding a touch of refined elegance. The refreshing outdoor, in-ground swimming pool is one you’ll want to lounge around on those hot summer days. And soaking in the adjoining hot tub may become your

favorite evening new activity.

Offered at $975,000 6067 Heated Sq Ft Five Bedrooms, Four Full and Two Half Baths 3836 36

Sited on 3.13 Acres in Creek Wood . . . in Triple Crown Estates


112

Stoneridge Drive

"Chevaux" is an equestrian estate of distinction. The home was designed by noted French architect, Jon Condoret, to capture the exquisite setting. Interior features include cathedral ceilings, abundant windows and skylights, passive solar design and solar panels. The elegant arched front entry and door were moved intact from a historic Baltimore townhouse. Chevaux is landscaped for year-round color and for natural fragrance as well. On the grounds you’ll find two pastures, a lighted ring, and a sacrifice paddock. Three-rail fencing is found throughout. Amenities of the grounds also include a four stall horse barn with wash stall and tack room, six skylights, fans, hot and cold water, and more. Front to back, refined features make this a horse farm to cherish. Trails from behind lead into miles of Duke Forest for riding pleasure. Located only five minutes from Chapel Hill and ten minutes from Duke

Children University. attend highly acclaimed Chapel Hill Schools. Offered at $940,000 3432 Heated Sq Ft Four Bedrooms, Three Full Baths Sited on 4 Acres in Stoneridge

37


6015

Old Field Drive

This sleek, Contemporary, European style home located on a spacious lot in the Chesley community is truly a work of art – evidenced by the well-landscaped grounds; multi-tiered garden boxes; and all-brick walled courtyard, walkway and entry stairs found on the exterior, and the all solid wood doors with Baldwin Brass fixtures and endless hardwoods on the first and second level (except for the marble tile located in the foyer) found throughout the interior. The kitchen is a “must see” in this spacious home. Remodeled by CKS Design, honed granite counters make up the majority of the work space while amethyst speckled movement stone tops off the bar counter. Segmented “instant close” drawers complete the underside of the counters. Uplighting above the cabinets and Lutron lighting allow you to illuminate the space any way you can imagine. There is nothing about this home that considered and strategically implemented. hasn’t been carefully Offered at $900,000 3758 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths 38

Sited on 3 Acres in North Field at Creek Wood


212

Lucas Lane

Welcome to Lucas Lane. It is fun and comfortable to live in a neighborhood where next door neighbors are friends, children knock on the door to play, and the neighborhood playground and pool is a gathering place. The mantra of the open interior is flexibility and versatility. Tall crisp wainscoting, high ceilings and deep stained wood flooring prevail on the first and second floors. The kitchen has Bosch stainless appliances, white cabinets and open bar seating. Four bedrooms, including the master suite, are located on the second floor. Each bedroom has direct access to a stylish bath. A guest suite (currently used as an office) is on the main level. The third floor hosts a huge bonus room with its own full bath. Perfect for slumber parties. It is an easy transition from the main floor living areas to the brick patio. This cherished "outdoor room" is complete with a fireplace and kitchen that

boasts a Lynx grill, a Big Green Egg, and stone counters. Pending Sale 3674 Heated Sq Ft Five Bedrooms, Five Full Baths Sited on .157 Acres in Claremont

37


215

Tennwood Court

Rooted in history and heritage, the great Traditional Style home successfully marries elegance with comfort. Add a picturesque 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 with vaulted ceilings 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 the green of the 3rd hole, this home allows the elegant and renowned Treyburn Golf Course to become an integral part of the flow and design. Even the exterior, its grounds and its views are the penultimate in the classic philosophy of classic Traditional Designs.

Offered at $630,000 4596 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths Sited on 1.37 Acres, an Exquisite Setting on Treyburn Golf Course 42


119

Edgewood Drive

Great design executed well is both beautiful and easy to live with – and this truth is evident in this fabulous Tripp Loyd built home in immaculate condition. From the foyer, this home makes an immediate welcoming gesture. The open kitchen and family room, first floor master suite and spacious rooms throughout make this floor plan one to be envied and desired. A large screen porch overlooks the backyard and the surrounding pristine landscaping, making time for relaxation a pure delight. On the second level there are plenty of additional bedrooms and a bonus room large enough for a pool table and large screen TV viewing. Amenities include hardwood flooring throughout much of the main level, a generator, invisible fence, Viking appliances, granite counter tops, irrigation and security systems. A fantastic price for this lovely home in Colvard Farms, where elegance and refined living blend with an active family lifestyle.

Offered at $600,000 3832 Heated Sq Ft Five Bedrooms, Three Full and One Half Baths Sited on .30 Acres in the Colvard Farms

41


3512

Stonegate Drive

From the moment you enter the foyer, the element of height is immediately impressed. Vaulted ceilings in the entry foyer mirror those found in the great room. The foyer, great room and dining areas are completely interconnected creating a welcoming feeling. Cherry floors and oversized windows disperse the natural light. A two-story stone fireplace echoes the stone found on the home's exterior . . . typical of all the Frank Lloyd Wright prairie style homes built in the neighborhood by Jim Henry. Here is the essence of quality and style. The spacious kitchen features all the requisites for success: granite counters, Dacor stainless appliances, ceiling height cherry cabinets, and full extension "soft close" drawers. All rooms are on one level, with the master suite occupying its own private wing. All baths feature marble and granite. Just south of Chapel Hill, the neighborhood features large lots, low taxes and Chapel Hill public schools.

Offered at $575,000 2845 Heated Sq Ft Three Bedrooms, Two Full and One Half Baths Sited on 1.05 Acres in the Woodlands


3529

Cambridge Drive

Classic charm never goes out of style. Here, this updated 1958 ranch embodies the essence of that mantra. The marble, tiled foyer opens into the oversized living room, encouraging guests to enter and enjoy. Anchored on one wall by an oversized fireplace, it is a room that begs for conversation and gatherings. From the marble foyer, a large living room and dining area appear to the right. The first of two fireplaces is found in the living room. Opening to the flat private backyard is a spacious, updated kitchen with stainless appliances, granite counters and a tile floor. The kitchen is open to the family room (with the second fireplace) and an open sunroom. Space and sunlight abound. Hardwood and ceramic flooring are found throughout. This three bedroom, one level home is located in Hope Valley, a prestigious golf course community in Durham. Its premier location is convenient to shopping, dining, Duke

University and Chapel Hill.

Offered at $490,000 2800 Heated Sq Ft Three Bedrooms, Two Full and One Half Baths Sited on .69 Acres in Hope Valley

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. Specialty plantings up the enjoyment quotient every day. With five bedrooms and four 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 fifteen minute commute. More pictures and details will be available on my website as soon as the property is available for viewing.

Coming in the Spring 3432 Heated Sq Ft Four Bedrooms, Four Full and one Half Baths 42

Sited on .27 Acres in Weston Downs


3620

HenningsonWay

Welcome to a home that charms and excites. From the stately brick front, accented by keystoned arches, to the well-manicured grounds, this home is certain to delight. Set in Carillon Forest, it is convenient to Duke, UNC, 15-501 and I-40. With over two miles of sidewalks and walking distance to Duke Forest Trails, there is something for everyone. Inside, an open floor plan is evident. 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. The main level master suite is beautifully accented by an overstated trey ceiling. The master bath boasts a garden tub, oversized shower and dual vanities. Each of the three additional bedrooms has plenty of natural light and ample closet space. The bonus room is perfect for use – the ideas are limitless. Come experience the possibilities this any

home has to offer.

Offered at $399,000 3254 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths Sited on .384 Acres in Carrillon Forest

43


10

Hastings Square

Tucked away on a serene street in the Valley is a charming low country style home. This style places its emphasis on living in harmony with nature, excellence in craftsmanship and appreciating the unique way each home interacts with the land. Inside, gracious rooms are scaled to perfection. A bright entry foyer leads into the living room. With dual doors that open to the front porch, owners can be cozy by the fireplace on chilly nights, or welcome spring by allowing the inside and outside living spaces to become one. A sizable dining room off of the family room and kitchen is comfortable enough for pizza night or holiday festivities, while the low country kitchen is a working kitchen with granite countertops and tile backsplash that will not disappoint. The main level master suite has a recently updated ajoining bath. The second floor hosts two graciously sized bedrooms with a connecting bath. The lower level is an ideal secondary living / bonus room.

Offered at $400,000 2700 Heated Sq Ft Three Bedrooms, Two Full and One Half Baths 42

Sited on .124 Acres in the Valley, HOA Maintains the Landscape


606

Oak Tree Drive

Located in one of the most desireable Chapel Hill communities, this condo offers the ideal blend of convenince and livability. Only moments from UNC, downtown Chapel Hill, shopping, restaurants, Hwy 54 and I-40, this is the perfect situation for first time home buyers, students and investors alike. The condo community has a gym, pool and walking trails that encourage neighborly interaction. Pergo floors on the main level, new carpet on the second level and fresh paint throughout make the unit move-in ready. The home also has a solid rental history and active Home Owners Association. The community has an excellent blend of private owners and investors.

An opportunity not to be missed!

Offered at $135,000 1,236 Heated Sq Ft Two Bedrooms, Two Full and One Half Baths a Condominium in Chapel Hill

43


" a Tale of T

separated by 6 m

Lake Wheeler Park


Two& Parks"

minutes 2.8 miles

Historic Yates Mill


Historic Yates Mill County

Yates Mill County Park is sited on 174 acres that include over three miles of hiking trails. These scenic trails traverse the pond, creek, forest and wetland habitats. There are picnic areas, boardwalks, overlook decks, a field classroom and an amphitheater available all year-round. This exciting learning and recreation site is located only five miles south of downtown Raleigh.

Steep Hill Creek and a 3,300 acre watershed feed the 20 acre mill pond.

The Finley Center is the park's main support facility. The Education Wing houses an exhibit hall, auditorium, classrooms and staff offices. NC State University conducts biological studies in the Center's Research Wing. Enjoy an excellent view of the pond and mill from a rocking chair on the Finley Center's back porch.


Park

Yates Mill served Wake County as a water-powered mill for over 200 years. It was an important economic and social center from colonial times through the early 1900's. The mill pond was popular for fishing, swimming, and picnicking. It remains a destination for fun today.


"Escape the daily grind" Every week there is something new at Yates Mill County Park. Programs are varied and constantly changing samples include: Saturdays at the Old Mill Tours Half-hour tours to view the main power drive and milling machinery which explore the mill's history and aspects of its preservation. (ticket required)

Butcher, Baker and Candlestick Maker With Winter just around the corner, come and learn how colonial frontier communities prepared for the dark, chilly days ahead. Knead bread, roll candles and try your hand at corncob darts to sharpen your hunting skills. Free for all ages.

Paddle the Pond Learn basic canoeing skills and a bit about the mill pond's history, then head out to explore the pond's many features as seen only from the water. Canoes, paddles, and life jackets are provided. For ages 5 and up with one adult in each boat. Registration and a fee required.

Wayside Activities These activities encourage families and friends of all ages to enjoy a park experience together. Recent programs included: Fossil Finds, History Mysteries, National Sandwich Day, and The Shortest Day.

Park Tales Come listen to stories of the Headless Horseman, the First Thanksgiving and an Orange for Frankie. Free for all ages. for all current programs and activities go to www. wakegov.com/parks/yatesmill or call 919.856.6675


Lake Wheeler Park was constructed in 1956 with the aid of the Army Corps of Engineers. The park is composed of 800 acres . . . 650 acres of lake and 150 acres of land buffer. In 2010 Lake Wheeler was reinstated as a primary water supply for Raleigh and surrounding Wake County communities. It feeds water to the Dempsey Benton Water Treatment Plant.


Lake Wheeler Park

For current information & offerings: http://www.raleighnc.gov/parks/content/ParksRec/Articles/Parks/LakeWheeler.html or call 919.662.5704

Come out and rent a boat . . . or pay to launch a boat . . . and ask about the fishing rod and reel loaner program. Boats are allowed to launch into Lake Wheeler with the purchase of a daily or annual launch pass. Motorized boats are allowed with the exception of Personal Water Crafts (i.e. "jet ski"). Watersport activities such as skiing and tubing are allowed, however, swimming is not. Boat rentals include: Jon Boats, Rowboats, Canoes, Kayaks, and Pedal Boats. Rental can be by the hour or by the day.

Bring the family out to experience and learn the art of fishing. Fishing classes cover the fundamentals of fishing, including fish habitat, equipment and techniques. Equipment is available if you do not have your own.

Sites and shelters are available for events and outings. There is a conference room with kitchenette, tables, covered veranda and deck; a sand volleyball court; and six shelters with grills all available for rental.


Join us in exploring cookepropertyinc.com website . . . We have tried to create a website that is interactive, visual, and informative. Advanced property searches will allow searching by school, location, size, age, and amenities.

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Property information will include full screen magazine format.

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Video tour graphics show the connection of rooms and layout. We take pride in our precise market research.


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Education

our past our present our future The Educational Opportunities section of the new website features: Websites with detailed information about public and private schools throughout the area Youth Enrichment Programs Museum Offerings Sports Camps and Clinics Lifelong Learning Opportunities

Educational Opportunities in the Triangle Public Schools pages 2 & 3

Private Schools pages 4 & 5

Youth Enrichment Programs pages 6 - 9

Museum Offerings pages 10 - 12

Sports Camps and Clinics Duke page 14 University of North Carolina pages 15 & 16 North Carolina State University Page 17

Adult Learning pages 18 - 20


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This 124 page on-line book is packed with information on local museums, historical sites, parks and recreational activities throughout the Triangle. We hope it will be your "go to" guide for local ventures. Keep checking, we continue to add more!

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Cooke Property

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We are fortunate to have a Miracle hospital here in our area. Duke Hospital has been a part of the Miracle Network since 1984. The Children’s Miracle Network raises unrestricted funds for Duke Children’s Hospital & Health Center. These funds help support research, clinical care, advocacy and family support programs to help children and families heal both physically and emotionally. Duke Children’s treats over 200,000 patients each year and provides research findings that touch millions of lives worldwide.

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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

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Cooke

Property

www.cookepropertyinc.com

Cooke report november 2016  
Cooke report november 2016