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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
HUDSON PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
PARK DEVEREUX PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
HILLSBOROUGH PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
BLOOMSBURY ESTATES PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
222 GLENWOOD PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
PARAMOUNT PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
510 GLENWOOD PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
WEST PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
THE QUORUM PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
THE DAWSON PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
PNC PLAZA PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
BLOUNT STREET PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
THE COTTON MILL PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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 | ©2020
See All Listings and Recent Sales at www.RaleighDowntownCondo.com
ACTIVE
222 Glenwood Unit 316 2 Beds | 2 Baths 1,236 Est. Sq. Ft. Offered at $344,900
THE GARDENS ON GLENWOOD PREFERRED CONDOS OF DOWNTOWN
Call Patrick today at 919.669.3937 for a private tour! ACTIVE
239 New Bern Place Unit 201
REAL ESTATE MARKET REPORT | SEPTEMBER 2020
2 Beds | 2 Baths 1,155 Est. Sq. Ft. Offered at $365,000
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
Downtown Condos Recently active
THIRD QUARTER
REAL ESTATE TRENDS
Complex
Beds
Baths
Est. Sq. Ft.*
List Price**
LP per Sq/Ft
222 Glenwood
1
1.0
900
$265,000
$308
222 Glenwood
2
2.0
1,200
$345,000
$281
222 Glenwood
2
2.0
1,200
$345,000
$279
222 Glenwood
2
2.0
1,200
$358,000
$306
222 Glenwood
2
2.0
1,200
$360,000
$291
The Cotton Mill
3
3.0
2,400
$750,000
$307
The Dawson
1
1.0
800
$300,000
$360
The Dawson
2
2.0
1,100
$385,000
$337
The Dawson
2
2.0
1,200
$417,000
$356
The Dawson
4
3.0
3,000
$900,000
$297
Hillsborough
2
2.0
1,100
$325,000
$285
Hudson
2
2.0
1,500
$455,000
$301
Hudson
2
2.0
1,600
$479,000
$294
Paramount
1
1.0
1,000
$300,000
$306
Paramount
2
2.0
1,100
$490,000
$437
Paramount
2
2.0
1,200
$494,000
$424
Paramount
2
2.0
1,300
$520,000
$387
Paramount
2
2.0
1,500
$575,000
$392
Park Devereux
2
2.0
1,400
$420,000
$300
PNC Plaza
1
1.0
1,000
$400,000
$391
PNC Plaza
2
2.0
1,100
$440,000
$392
PNC Plaza
3
3.0
2,000
$899,000
$450
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
$825,000
$473
The Quorum
2
2.0
2,000
$895,000
$454
West Condominiums
1
1.0
700
$244,000
$357
West Condominiums
1
1.0
1,100
$283,000
$267
West Condominiums
1
1.0
1,000
$293,000
$284
West Condominiums
1
1.0
1,000
$300,000
$290
West Condominiums
2
2.0
1,100
$340,000
$307
West Condominiums
1
1.0
900
$350,000
$385
West Condominiums
2
2.0
1,200
$387,000
$326
Paperless Mortgage Process
Home Prices Are Holding Up
Despite the sharp downturn in the economy, bidding wars are common, as eager buyers compete for limited inventory.
Millennials are Starting to Buy
Preferred Downtown Condos Current Market Activity
Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.
The industry has moved to a completely digital process with breathtaking speed. More loans are likely to close quickly.
Shopping for Homes is Viral
Virtual tours allow homes to be sold despite buyers never setting foot in the home. More Realtors are investing in technology.
Low Rates are Here to Stay
Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.
Johnathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 919.669.3937.
There are 14 Downtown Condos Currently Under contract
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
323 W Jones Street #1425
The Quorum
2
2.1
1,500
$635,000
$625,000
08/21/20
400 W North Street #900
West Condominiums
1
1.0
1,000
$286,000
$280,000
08/07/20
400 W North Street #1528
West Condominiums
1
1.0
1,000
$315,000
$308,000
07/27/20
400 W North Street #616
West Condominiums
1
2.0
1,100
$325,000
$325,000
07/27/20
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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Triangle MLS between July 25th, 2020 and August 24th, 2020. 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.