Patrick Lawson - Downtown Condos - January 2021

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

HUDSON

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Hudson Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

PARK DEVEREUX PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Park Devereux Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

HILLSBOROUGH

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Hillsborough Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

BLOOMSBURY ESTATES PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Bloomsbury Estates Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

222 GLENWOOD PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your 222 Glenwood Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

PARAMOUNT

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Paramount Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

510 GLENWOOD PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your 510 Glenwood Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

WEST

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your West Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

THE QUORUM

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Quorum Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

THE DAWSON

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Dawson Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS

PNC PLAZA

2 BEDS

PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your PNC Plaza Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

BLOUNT STREET PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Blount Street Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

THE COTTON MILL PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON Your Cotton Mill Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.

PATRICK LAWSON REALTOR®/BROKER

1520 Glenwood Avenue Raleigh, North Carolina 27603

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

ADVANTAGE

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

See All Listings and Recent Sales at www.RaleighDowntownCondo.com

CORNER UNIT! 618 N BOYLAN AVENUE PARAMOUNT #404 1,167 SQ.FT. 2 BATHS 2 BEDS

THE GARDENS ON GLENWOOD PREFERRED CONDOS OF DOWNTOWN

REAL ESTATE MARKET REPORT | JANUARY 2021

Offered at $464,900

JOHNATHAN AND ANGELA-MARIE, New year means new resolutions. Many resolutions may mean relocation or finding a dream home to begin a fresh start. Let me help you achieve the best return on your investment! If you have any questions or would like information on how to sell your condo, please call me at 919.669.3937.

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY

PATRICK LAWSON

Your Gardens on Glenwood Real Estate Specialist

ADVANTAGE

PATRICK LAWSON REALTOR®/BROKER

ADVANTAGE

919.669.3937 PatrickLawson@remax.net RaleighDowntownCondo.com

Preferred Downtown Condos Current Market Activity Downtown Condos Recently active

DOWNTOWN CONDOS

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

LP per Sq/Ft

222 Glenwood

1

1.0

800

$285,000

$346

222 Glenwood

2

2.0

1,200

$349,000

$284

222 Glenwood

2

2.0

1,200

$350,000

$285

222 Glenwood

2

2.0

1,200

$385,000

$320

510 Glenwood

2

2.0

1,500

$395,000

$268

The Dawson

1

1.0

800

$272,000

$326

The Dawson

2

2.0

1,100

$375,000

$328

The Dawson

4

3.0

3,000

$900,000

$297

Hudson

1

1.0

1,000

$340,000

$341

Hudson

1

1.0

1,300

$400,000

$314

Hudson

2

2.0

1,600

$479,000

$294

Paramount

2

2.0

1,100

$450,000

$398

Paramount

2

2.0

1,200

$465,000

$398

Paramount

2

2.0

1,100

$490,000

$437

PNC Plaza

1

1.0

800

$340,000

$410

PNC Plaza

1

1.0

900

$380,000

$413

PNC Plaza

1

1.0

900

$395,000

$429

PNC Plaza

2

2.0

1,100

$400,000

$353

PNC Plaza

2

2.0

1,400

$650,000

$453

PNC Plaza

3

3.0

2,000

$849,000

$425

2020 Year-In-Review SOLD PRICE

-14.9% from 2019

$224K Low

$400K Average

SOLD PRICE PER SQ. FT.

$261 Low

$820K High

-0.3% from 2019

$335 Average

AVER AGE

$521 High

Days on Market Decreased by 12 days from 2019

Low: 0 | Average: 41 | High: 278

71 97.9%

Total Sales

PNC Plaza

3

3.0

1,900

$895,000

$459

The Quorum

2

2.0

1,300

$620,000

$491

The Quorum

2

2.1

1,700

$785,000

$458

The Quorum

2

2.1

1,700

$800,000

$459

The Quorum

2

2.0

2,000

$875,000

$444

The Quorum

3

3.1

2,300

$1,125,000

$480

The Quorum

3

3.1

2,300

$1,300,000

$564

West Condominiums

1

1.0

700

$265,000

$365

West Condominiums

1

1.0

1,000

$315,000

$331

West Condominiums

2

2.0

1,100

$365,000

$329

West Condominiums

2

2.0

1,200

$429,000

$349

There are 7 Downtown Condos Currently Under contract

LOW: 91.3% HIGH: 101.4%

AVERAGE SOLD PRICE/LIST PRICE RATIO

Johnathan and Angela-Marie, Your Downtown Condos community continues to perform well, with minor changes in many key market indicators. With current inventory pointing to a seller’s market, you need a Downtown Condos specialist with the marketing and negotiation skills needed to help you achieve the best possible price. If you are thinking about selling, contact me today at 919.669.3937.

Data based on listings from Triangle MLS from January 1st to December 31st, 2019 and 2020. Information deemed accurate but not guaranteed.

For more information on any of these properties, call me today at 919.669.3937.

Downtown Condos SOLD in the past 30 days Address

Complex

Beds

Baths

Est. Sq. Ft.*

List Price**

Sold Price**

Sold Date

222 Glenwood Avenue #621

222 Glenwood

2

2.0

1,400

$385,000

$380,000

12/23/20

614 Capital Boulevard #226

The Cotton Mill

2

2.0

1,600

$500,000

$500,000

12/29/20

618 N Boylan Avenue #1022

Paramount

2

2.0

1,300

$499,000

$500,000

12/30/20

323 W Jones Street #1015

The Quorum

1

1.0

700

$375,000

$350,000

12/30/20

400 W North Street #1120

West Condominiums

2

2.0

1,100

$375,000

$363,000

12/10/20

Patrick Lawson and RE/MAX Advantage are not in any way affiliated with Downtown Condos Owners Association, nor is this in any way an official advertisement or publication of Downtown Condos. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between December 5th, 2020 and January 4th, 2021. Listings and sales may not be those of RE/MAX Advantage. The Triangle MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area.

E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Indicates a number rounded to the nearest 100. **Indicates a number rounded to the nearest 1,000.