Raleigh NC New Homes: Communities, Lots and Land in the Triangle: North Carolina: Raleigh: Brookhaven

North Raleigh/Falls Lake Area New Homes Thinning Out - And Luxury Homes Are Popular!

 

Raleigh Market Report

North Raleigh New Home Listings Down 20%

Only 9 New Homes Available Under $400K! 

Looking for a new home in the Falls Lake area?  Thinking the choices have gotten a little thinner?  You're right....

New Home inventory in North Raleigh NC was down 20% in third quarter 2009 versus third quarter 2008.  And North Raleigh continues to be one of the most sought after areas of the Triangle, with land and home values that have risen accordingly.

New Home Listings by Price Point in North Raleigh NC

 

North Raleigh New Homes - Market Report - North Raleigh Custom Home Builders

 

There were fewer new home listings in North Raleigh NC in nearly every price point.

  • $500 to $599K homes saw a slight increase, from 41 to 45 homes listed.
  • Townhomes in North Raleigh saw a slight increase, from 63 to 66 homes listed.

North Raleigh remains one of the most popular (and valuable) areas in the Triangle.

  • New homes under $400K reduced from 16 listings last year to only 9 listings this year.
  • Available inventory in the $400-499K point in North Raleigh was down 21%, from 19 to 15 listings.
  • Available inventory in the $600-699K point in North Raleigh was down 38%, from 86 to 53 listings.

 Overall New Home Listings in North Raleigh NC Third Quarter

 North Raleigh New Homes - Market Report - North Raleigh Custom Home Builders

In third quarter 2008, there were 335 new homes listed in North Raleigh NC.

In third quarter 2009, there were only 268 new homes listed in North Raleigh NC.

Builders are building fewer "speculative" homes, and more home buyers are opting for completely custom packages, in every price point (which means the homes are not listed, but completed to the buyers exact specifications). 

What Price Points are getting the most showings in North Raleigh?

If you're looking to purchase in these price points, you'll have more competition for your new home.

North Raleigh New Homes - Market Report - North Raleigh Custom Home Builders 

Which price points are most popular in North Raleigh?

  • North Raleigh new homes in the $600-799K price range saw the most showings in September 2009.
  • North Raleigh new homes in the $500-599K price range followed closely.
  • North Raleigh new homes under $400K saw TWICE THE AVERAGE number of showings per home - very few listings in this range.

 

 

Raleigh NC New Home Resources - Building a Home in Raleigh

 

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Raleigh, NC New Home Lots and Land

 

Most Up-to-Date Raleigh Market Reports - How is the Housing Market in Raleigh?

 

 

Available New Homes:

129 Brookhaven Way – 3358 Sq Ft – First Floor Master – Under Construction Now

152 Brookhaven Way – 3474 Sq Ft – First Floor Master – Under Construction Now

Choose Your Plan -- Browse Floor Plans Here

 

New Custom Homes in the Raleigh Area - and throughout central North Carolina

 

New Homes Raleigh NC - New Home Raleigh - Raleigh NC New Homes - New Home Raleigh NCStanton Homes makes building your new custom home easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations.  Your custom home is going to be extraordinary when you create it with one of the nation’s top fully involved builders and the high quality materials and craftsmanship that our reputation is built on.

Call 919-278-8070 to find out more about new homes in the Raleigh area today. 

Top 10 Best Floor Plans      
Articles copyright Stanton Homes 2006-2017.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.  

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Comment balloon 1 commentStanton Homes • October 26 2009 05:59AM
North Raleigh/Falls Lake Area New Homes Thinning Out - And Luxury…
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Raleigh Market Report North Raleigh New Home Listings Down 20% Only 9 New Homes Available Under $400K! Looking for a new home in the Falls Lake area? Thinking the choices have gotten a little thinner? You're right… &… more
Estates of Brookhaven - North Raleigh Luxury Homes Community - Custom…
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Estates of Brookhaven - North Raleigh Luxury Homes Community - Custom Homes We've discovered another great Raleigh new home community you might enjoy. Looking to build a custom home in Raleigh Check out these lots in the Estates of… more