Real Estate and Related Topics

Riverwood Athletic Subdivision in Clayton Market Update 3/16/201  

This is the sales activity for the last three months in Riverwood Subdivision in Clayton. Riverwood is a planned subdivision with homes ranging from townhomes all the way up to executive custom built homes.

The development includes a fitness center with an indoor and outdoor pool, walking trails, fishing pond and both Riverwood Elementary and Riverwood Middle are located in the subdivision. There are some retail spots and construction has just begun on a new shopping center across from the main entrance.

Riverwood is located in Johnston County just on the border with Wake County, it is an easy drive to Raleigh, Clayton, Smithfield and Research Triangle Park and Raleigh Durham International Airport are both much easier to reach with the opening of the 540 bypass.

Riverwood is in the 27527 zip code which Business Week Magazine just named as one of the best in the country for affordable homes combined with the best schools.

In fact home prices in most of Johnston County are lower for the same or better quality than most other area towns.

Ellington Estates Subdivision in Clayton, NC is one of the most popular subdivisions in Clayton throughout the years. The subdivision was started in 1992 and built through 1999. The subdivision is centrally located in Clayton off Hwy 42W and is situated close to the 4042 business area and the highway exchanges there. It is also minutes from the new Hwy 70 bypass. There is a new hospital by Johnston Health, 10 minutes up the road.

The homes range in size from approx 1450 sqft to 2200sqft, most are three bed two bath, currently there are six homes on the market priced from $124,900 to $199,900. The sold prices range from $123,900 to $165,000 for the year to date 2009 Nov.

The subdivision is centrally located in Clayton close to employers like Caterpillar, Talecris, close to the major intersection of 4042 and the commercial centers there and is a short distance from the new Hwy 70 bypass. Good schools along with large wooded lots add to it's popularity.

Wake County Real Estate Market Update August 2009

In August 2009 there were 1,965 new listings down from 2,526 in 2008 a drop of 22.2 %. Closed sales were 1,104 in 09 down from 1,235 in 08.

The median sales price was down from August 2008 figure of $220,000 to $200,295, while the average sales price went from $275,005 in 2008 to $246,692 in 2009.

Average sales price in August 2009 was $246,692.

Average Days on market was 96 up from 78 in 2008

Inventory of homes for sale was 8,784 down from 9,729 in 2008

 Sales price does not account for seller concessions.

The residential Real Estate numbers for Wake County in North Carolina for July 2009show a familiar sight with most numbers in the minus category but I don't think anyone will be surprised at that.

Days on market going in the opposite direction an increase from 83 in 2008 to 98 in 2009 and average sale price year to date is actually up over the same time frame in 2008 from $254,752 to $261,392.

Listings dropped in July 2009 to 2175 from 2509 while the year to date dropped from 18,550 to15,343. A positive sign if you consider less houses on the market makes the ones out there more attractive.

Closed sales in July 2009 were 1,274 a drop of 10.5 % from 2008 of 1,424, while Year to date closed sales went from 8,961 to 6,495 a 27.5% drop.
Inventory of homes also fell from 9,727 in 2008 to 8,632 in July 2009.

The median sales price in July 2008 was $214,945 and in July 2009 $207,000 and the percent of original list price received at sale in 2008 was 97.9% while in 2009 it was 96.8% ( these numbers do not account for seller concessions)

If you would like more information or you are interested in a particular neighborhood please send me an email at odohertyd@hpw.com
If you like you can call me at 919-601-2268 or visit my website at www.davidorealtor.com

The figures for the market update come from the Triangle MLS and while they are deemed to be accurate they should not be used as a basis for determining the list or sale price of a house.

Southwick Farm Subdivision in Clayton NC is a wonderful subdivision of homes 10 minutes from downtown Clayton and thirty minutes from Raleigh.

Homes are priced from the mid $140's up to the lower $200's, there are ranch style homes and traditional two stories, some homes have two car garages while others have gravel driveways. The lots are mostly an acre and bigger with the majority being wooded lots. There is a homeowners association being formed as this post is being written. The local schools because of the growth of the area can change but if you need information contact Johnston county schools at Johnston County Schools, or send me an e-mail at odohertyd@hpw.com

There are a number of pools and fitness clubs nearby, namelyThe Pineville Club and Vinson Ridge Racquet and Fitness Club and Riverwood Athletic Club. There are lots of softball,baseball, t-ball, football and soccer clubs in the area, not to mention scouts, cheerleading etc. etc.

Sale prices of homes peaked in 2007 (what else is new!), dipped in 2008 and year to date in 2009 show a further decline however there are a number of homes pending and listed at time of writing and they might pull the figures upward.

Sales of homes was highest in 2005 with 27 sold and has been stable ever since with13 homes sold in 2006, 14 homes sold in 2007 and 12 in 2008. The neighborhood shows stability in an unstable market and with the subdivision built out, and homes built about ten years ago, most homes have established landscaping and lawns and no large empty tracts waiting to be built on.

The information in this post is deemed to be accurate, however the information comes from other sources and may have errors.

If you would like any information about this neighborhood or any others in Clayton please send me an     e-mail at dohertyd@hpw.com or visit my website at www.davidorealtor.com.

Wyndfall Subdivision, Clayton NC Home Sales Statistics

Home statistics for Wyndfall Subdivision in Clayton, North Carolina. While homes in the subdivision have fluctuated with the peak in 2005 and a rise in 2007 the sales price has risen year after year. The average sale price in 2005 was $119,015 while the average sales price in 2008 was $139,128 and 2009 year to date the average sales price is $140,167.

307 Wyndfall lane NC sold in 2008 for $147,451 and sold again in 2009 for $151,000 however as with all of these figures you have to keep in mind that closing costs may have been paid by the seller and may not be reflected in the sale price. These figures come from the Triangle MLS.

If you have any questions about these stats or would like to get some more information about this neighborhood or any other neighborhood in Clayton, please send me an e-mail to odohertyd@hpw.com or visit my website.

Davidorealtor.com