Market Report - Chapel Hill, Carrboro NC
Chapel Hill New Home Inventory Dropped 37%
Number of New Homes on Market Greatly Reduced in Third Quarter 2009
Looking for a new home in Chapel Hill NC? Thinking the choices have gotten a little thinner? You're right....
New Home inventory in Chapel Hill and Carrboro was down 37% in third quarter 2009 versus third quarter 2008.
New Home Listings by Price Point in Chapel Hill and Carrboro
There was less Chapel Hill/Carrboro new home inventory in every price point except for Townhouse and the $400K-499K range.
No single family new home listings were available under $200,000 in Chapel Hill/Carrboro.
The $300-399K price range had the most significant reduction of Chapel Hill new home choices - from 16 homes in 2008 to only 7 homes in third quarter 2009.
Overall New Home Listings in Chapel Hill/Carrboro Third Quarter
In third quarter 2008, there were 189 new homes listed in the Chapel Hill Carrboro area.
In third quarter 2009, there were only 119 new homes listed in the Chapel Hill Carrboro area.
Builders are building fewer homes, and more home buyers are opting for completely custom packages, in every price point.
What Price Points are getting the most showings in Chapel Hill and Carrboro?
If you're looking to purchase in these price points, you'll have more competition for your new home.
$200-299K new homes in Chapel Hill saw twice the average number of showings in third quarter 2009.
$600-799K new homes in Chapel Hill saw twice the average number of showings in third quarter 2009.
Townhomes in Chapel Hill saw twice the average number of showings in third quarter 2009.
Looking for more information on new homes in Chapel Hill?
Chapel Hill NC New Homes – New Home Builders Chapel Hill NC
Golf Course Community Homes in Chapel Hill, NC
Build On Your Lot in Chapel Hill
Chapel Hill New Home Lots for Sale
Accessible Home Opportunities in Chapel Hill, NC
Build On Your Lot in Chatham County, NC
Finding Your New Home in the Raleigh Area
Stanton Homes makes it easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!
Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today.
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Articles copyright Stanton Homes 2006-2011. 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.
