Chapel Hill Real Estate Search

There are some interesting numbers if we look back at the last year’s Chapel Hill and Orange County real estate markets.  Population is up in Orange County by 6 percent since 2002, so that feeling you might have that you are getting more new neighbors - is true!  Part of that increase is driven by a growing local job market.  Fidelity Investments, increasing jobs in the Research Triangle Park and of course, UNC - Chapel Hill and Duke have all added to our wealth of job opportunities.

The average list price in Orange County was $448,012 - a decrease of 1.48 percent compared to last year.  The average sold price in our county was $323,600 — down 1.97 percent.   Now for those of you who are new to our area, I should explain that Orange County encompasses many areas - Hillsborough, Efland, Chapel Hill and Carrboro.  It contains two school districts - Orange County and Chapel Hill - Carrboro Schools.

Average prices for the Chapel Hill - Carrboro school district are considerably higher and show an increase from last year.  Average list price here was $516,000, with an average days on market of 87 days.   The average closed price for the first three months of this year was $384,000, an increase of 1.1 percent from last year.

Call me if you have any questions about our changing real estate market.   With over 20 years of experience in buying and selling real estate, Reg Morgan can help you make the right decisions.

 

It was a beautiful day in Chapel Hill yesterday - and the University held it’s commencement ceremonies at Kenan Stadium.  Chancellor Moeser led a wonderful program and commencement speaker, Madeleine Albright gave a wonderful address.   You can read it online if you are interested in more information.

We find that many graduates turn to Chapel Hill real estate when it comes to their relocation plans.  They know it is one of the best places to live — and they already know all the benefits of living in this great university town!

Call Reg Morgan if you are thinking of relocating to Chapel Hill.  There is no better time then now to look at our many Chapel Hill real estate options.

There is a great program of events this summer in Southern Village.  This great Chapel Hill neighborhood will host outdoor concerts on the Market Street Green every Sunday at 7pm.  This Sunday you can celebrate Mother’s Day with a concert by Maura O’Connell, the celebrated Irish vocalist and Grammy nominee.  This special concert has an admission charge, and you can buy tickets in advance from the Arts Center in Carrboro.

Many other concerts are free and open to the public.  Check out the schedule and come out for some music.

If you are interested in Chapel Hill real estate, call Reg Morgan.  A Chapel Hill realtor with over 20 years of experience buying and selling homes.