Triangle Area Realty

Triangle Area Real Estate

Morrisville NC 2016 Home Sales Summary

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Morrisville NC 2016 Home Sales Summary

Jeff summarizes the Morrisville NC 2016 Home Sales in this Triangle Area Realty blog post.

Morrisville NC 2016 Home Sales Summary
Jeff’s first 2016 Home Sale
SOLD the day it was listed ! !
Sellers saved $12,960 in real estate fees
Jeff’s real estate brokerage has very low listing fees
Jeff found the buyers for his sellers

As of November 28th, 2016 there were 506 properties sold in the Town of Morrisville:

  • Total sales volume of $149M
  • High sales price of $2,620,000
  • Median sales price for an Apex home $269k
  • Median days on market of just 7-days
  • 244 Single family detached homes sold
  • 240 Townhouses sold
  • 21 Condominiums sold
  • 381 = 75 % were Resales
  • 125 = 25 % were New Construction

Jeff’s Morrisville NC 2016 Home Sales Summaries for his Featured Subdivisions

Click on any of the featured subdivision links below to read our 2016 year-end sales summary blog post for that community.

Median Sales Price Cary Subdivision 2015 Home Sales Summary
$721,000 Weston Estates Click HERE
$308,000 Town Hall Commons Click HERE
$347,000 Providence Place Click HERE
$364,000 Kitts Creek Click HERE
$225,000 Breckenridge Click HERE

Useful Morrisville NC Real Estate Resources:

Visit Jeff’s Morrisville Real Estate web page highlighting available Morrisville Properties, also try these links:

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Morrisville Real Estate:

Find the newest Morrisville homes for sale here. The Town of Morrisville is located near Cary, the Raleigh-Durham airport, Research Triangle Park (RTP), and is a short distance to downtown Raleigh. This is a prime location for new businesses coming to the area and for a primary residence because of the easy work commutes, excellent schools and infrastructure as well as the superb quality of life this small town has to offer. This town is a major employment center and has a number of industrial areas situated near interstate 40. A relatively new major attraction is the Park West Village shopping center [More about Morrisville, NC].

  • Visit Jeff’s Morrisville Real Estate Web Page

11/28/2016 Update from Jeff Warren Broker Owner of Triangle Area Realty

Sales in the Town of Morrisville during the 1st half of 2016 continue to improve.

  • Average Sales Price up 1.6%
  • Number of Closed Sales down 0.6%
  • Average Sales Price / Square Foot up 4.8%

Weston Estates Morrisville Homes For Sale

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Weston Estates Morrisville Homes For Sale Update

Our 2014 Weston Estates Morrisville homes for sale update identified 8 properties sold in the Weston Estates subdivision with an average sales price of $629k.

Weston Estates Morrisville Homes For Sale - Luxury Cary NC Homes
Weston Estates Home
  • $628,737 average sales price
  • $596,999 median sales price
  • $149.47/SF average Sales Price per Square Foot
  • 68-days average days on market (DOM)
  • 2000 average age of property sold
  • 4,261 SF average size of home
  • $795,000 highest sales price
  • $557,900 lowest sales price
  • 8 single family homes sold
  • zero townhouses sold
  • zero condominiums sold

Triangle Area Realty – Weston Estates Morrisville Homes For Sale Resources

Visit our Weston Estates Real Estate website page for details of all available Weston Estates Morrisville Homes For Sale.

Weston Estates Neighborhood Information

Weston Estates is a premier Town of Morrisville, NC luxury estate homes community with an exceptional location off Weston Parkway near Chapel Hill Road (Rt. 54). Just a couple of miles away at the other end of the Weston Parkway you’ll find SAS the business analytics software company.

 

The community was developed by Flora Development and homes built by custom builder John Weiland Homes.

The Arboretum Retail & Restaurant Center is located 2.5 miles away. If you are craving exceptional steak swing by the Ruth’s Chris Steak House, maybe seafood try the Bonefish Grill, how about Asian then try “An“.

The RDU international airport is several miles away. The executives and high tech employees that travel enjoy the close proximity of this airport to their homes and work locations.

Another nearby shopping center is the Park West Shopping Center, must try is Travinia Italian Kitchen and Wine Bar, jazz on Wednesday nights.

The residents in Weston Estates enjoy large wooded lots, a private and quiet community, they congregate and socialize at their wonderful community pool and clubhouse. The clubhouse is available to residents for private parties.

Useful Morrisville NC real estate links:

Weston Estates Morrisville NC Subdivision Map

  • The map below shows the subdivision outline in red.
  • Click the map below for detailed information including directions provided by Google maps.
Weston Estates subdivision located in Morrisville, North Carolina
Weston Estates Subdivision Map – Morrisville, North Carolina

Town Hall Commons Morrisville Homes For Sale

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Town Hall Commons Morrisville Homes For Sale Update

Our 2014 Town Hall Commons Morrisville homes for sale update identified 21 properties sold in the Town Hall Commons subdivision with an average sales price of $247k.

Town Hall Commons Morrisville Homes For Sale
Town Hall Commons Entrance
  • $246,895 average sales price
  • $220,000 median sales price
  • $123.40/SF average Sales Price per Square Foot
  • 33-days average days on market (DOM)
  • 2004 average age of property sold
  • 2,013 SF average size of home
  • $345,000 highest sales price
  • $192,900 lowest sales price
  • 7 single family homes sold
  • 14 townhouses sold
  • zero condominiums sold

Triangle Area Realty – Town Hall Commons Morrisville Homes For Sale Resources

Visit our Town Hall Commons Real Estate website page for details of all available Town Hall Commons Morrisville Homes For Sale.

Town Hall Commons Neighborhood Information

Town Hall Commons located off Town Hall Drive is a residential community in Morrisville, NC comprised of six (6) sub-communities.

 

The earlier sub-communities were built by Pulte Homes. Some of these offer maintenance free living. This is the list of sub-communities:

  • The Manors
  • The Terraces
  • The Gables
  • The Village
  • The Gardens
  • Berkshires at Town Hall Commons

The newest section is the Berkshires at Town Hall Commons. Standard Pacific Homes is the builder, they are offering single family detached homes that are nestled on the fringe of Research Triangle Park (RTP where the majority of local employers are located.

  • 2-story homes
  • 1st floor masters
  • 3rd floor walk up attics
  • sized 1,740 – 3,051 square feet
  • Energy Star certified
     

Easy access to RTP, RDU, Rt 40, Rt 540, Town of Cary, wide range of choices for local shopping and dining. For example the McCrimmon Corners shopping mall and the new Park West Village & Park Place Shopping Center.

Amenities include community pool with cabana and clubhouse, playground and walking trails.

Useful Morrisville NC real estate links:

Town Hall Commons Morrisville NC Subdivision Map

  • The map below shows the subdivision outline in red.
  • Click the map below for detailed information including directions provided by Google maps.
Town Hall Commons subdivision located in Morrisville, North Carolina
Town Hall Commons Subdivision Map – Morrisville, North Carolina

Providence Place Morrisville Homes For Sale

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Providence Place Morrisville Homes For Sale Update

Our 2014 Providence Place Morrisville homes for sale update identified 23 properties sold in the Providence Place subdivision with an average sales price of $333k.

Providence Place Morrisville Homes For Sale - Great subdivision located in Morrisville NC near Research Triangle Park
Providence Place Homes
  • $332,850 average sales price
  • $365,000 median sales price
  • $113.04/SF average Sales Price per Square Foot
  • 35-days average days on market (DOM)
  • 2008 average age of property sold
  • 2,969 SF average size of home
  • $439,900 highest sales price
  • $198,500 lowest sales price
  • 20 single family homes sold
  • 3 townhouses sold
  • zero condominiums sold

Triangle Area Realty – Providence Place Morrisville Homes For Sale Resources

Visit our Providence Place Real Estate website page for details of all available Providence Place Morrisville Homes For Sale.

Providence Place Neighborhood Information

Providence Place is conveniently located in Morrisville, NC adjacent to Research Triangle Park (RTP) employers making work commutes a breeze.

 

The community was developed by K. Hovnanian Group, they designed four distinctive property designs that would appeal to a wide range of home buyers and family sizes, sorted lowest to highest price they are:

  • The Village at Providence Place – townhomes
    • 1,600 to 2,200 sq. ft. houses
    • 2 to 4 bedrooms
    • 2 – 1/2 baths
    • $150,000 to $200,000
  • The Crossing at Providence Place – single family homes
    • 2,200 sq. ft. houses
    • 3-4 bedrooms
    • 2 – 1/2 baths
    • Family and dining room
    • 2 car garages
    • $200,000 to $300,000
  • The Preserve at Providence Place – single family homes
    • 2,600 to 3,500 sq. ft. houses
    • 4 king size bedrooms
    • 2 – 1/2 baths
    • Dining room, high-tech kitchen, and family room
    • 2 car garage
    • Available over $325,000
  • The Estates at Providence Place – estate and executive homes
    • 3,500 to 4,500 sq. ft. houses
    • Fully customizable properties to your specifications

Amenities include a junior Olympic swimming pool with a water slide and cabana, children’s pool,  playground, trails, and nearby parks and lakes.

 

Nearby you will find an abundance of retail and dining options, recreational areas such as Brier Creek Reservoir, Lake Crabtree, Lake Crabtree County Park, and Umstead State Park.

Useful Morrisville NC real estate links:

Providence Place Morrisville NC Subdivision Map

  • The map below shows the subdivision outline in red.
  • Click the map below for detailed information including directions provided by Google maps.
Providence Place subdivision located in Morrisville, North Carolina
Providence Place Subdivision Map – Morrisville, North Carolina

Kitts Creek Morrisville Homes For Sale

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Kitts Creek Morrisville Homes For Sale Update

Our 2014 Kitts Creek Morrisville homes for sale update identified 149 properties sold in the Kitts Creek subdivision with an average sales price of $324k.

Kitts Creek Morrisville Homes For Sale - Great Morrisville NC subdivision near RTP easy commute to work
Kitts Creek Homes
  • $323,872 average sales price
  • $318,840 median sales price
  • $129.11/SF average Sales Price per Square Foot
  • 51-days average days on market (DOM)
  • 2013 average age of property sold
  • 2,550 SF average size of home
  • $499,900 highest sales price
  • $214,490 lowest sales price
  • 109 single family homes sold
  • 40 townhouses sold
  • zero condominiums sold

Triangle Area Realty – Kitts Creek Morrisville Homes For Sale Resources

Visit our Kitts Creek Real Estate website page for details of all available Kitts Creek Morrisville Homes For Sale.

Kitts Creek Neighborhood Information

Kitts Creek motto is, “Feel the Genuine Community Spirit“.

 

This is a community that feels like small town America and is located in the heart of the Triangle Area.

This community is located in Morrisville, NC adjacent to Research Triangle Park (RTP), RDU international airport, the Town of Cary, Rt 540 (outer belt-line), the community main entrance is off of Rt 54, i.e. Chapel Hill Road.

There are a number of new home builders to pick from in this community to build your beautiful distinctive home, they are:

  • Ryan Homes
  • Chesapeake Homes
  • LENNAR
  • Revolution Homes
  • also use your own builder!

Amenities include:

 
  • Luxurious 7,000 square foot community center Clubhouse
    • work-out facility
    • full kitchen
    • large 2-story room (parties & meetings)
    • player piano
  • Swimming pool – 8 lanes, 25-yard length
  • Village square
  • Shaded gazebo
  • Playground area

The Kitts Creek developers engineered the streets to be walkable, as you stroll down the sidewalks notice the front porches on most homes, they are there to promote interaction amongst the neighbors.

The home architectures include bungalows, cottages, village homes, townhomes, estate-style traditionals you will find a property type that appeals to you and your family.

Many of the Kitts Creek homes have rear-entrance garages using service roads.

Useful Morrisville NC real estate links:

Kitts Creek Morrisville NC Subdivision Map

  • The map below shows the subdivision outline in red.
  • Click the map below for detailed information including directions provided by Google maps.
Kitts Creek subdivision located in Morrisville, North Carolina
Kitts Creek Subdivision Map – Morrisville, North Carolina

Breckenridge Morrisville Homes For Sale

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Breckenridge Morrisville Homes For Sale Update

Our 2014 Breckenridge Morrisville homes for sale update identified 61 properties sold in the Breckenridge subdivision with an average sales price of $230k.

Breckenridge Morrisville Homes For Sale - Clubhouse and Swimming Pool
Breckenridge Clubhouse
  • $229,381 average sales price
  • $188,000 median sales price
  • $111.31/SF average Sales Price per Square Foot
  • 17-days average days on market (DOM)
  • 2002 average age of property sold
  • 2,063 SF average size of home
  • $350,000 highest sales price
  • $144,500 lowest sales price
  • 34 single family homes sold
  • 27 townhouses sold
  • zero condominiums sold

Triangle Area Realty – Breckenridge Morrisville Homes For Sale Resources

Visit our Breckenridge Real Estate website page for details of all available Breckenridge Morrisville Homes For Sale.

Breckenridge Neighborhood Information

The Breckenridge subdivision is located off Davis Drive in Morrisville, NC.

This is a popular neighborhood because for two main reasons:

 
  • It’s close proximity to RTP employers such as Cisco, NetApp, IBM, etc.
  • The properties in this community are very affordable

There are several sections to Breckenridge, they are:

  • Lake I & II
  • Manors I & II
  • Terrace I & II

The amenities include:

  • Elite clubhouse – accommodates medium to large sized parties, full kitchen, 2 floors with view of the pool
  • Pond
  • Playground
  • Tennis courts (lighted)
  • Walking trails
     
  • Swimming pool(s) – adult & children

The community is a wonderful place to raise a family. Take a stroll through the neighborhood and you will see children playing, adults taking their evening walks, etc.

The homes are mostly two story with 2.5 baths, high ceilings, large master suites, two car garage, four bedrooms, family room, dining room, 2nd floor utility rooms with W/D, large walk in closets.

In addition to being close to RTP, Breckenridge is just a 15 minute drive away from RDU international airport, 25 minutes to Raleigh, 20 minutes to Chapel Hill, it is a great location close to everything.

Useful Morrisville NC real estate links:

Breckenridge Morrisville NC Subdivision Map

  • The map below shows the subdivision outline in red.
  • Click the map below for detailed information including directions provided by Google maps.
Breckenridge subdivision located in Morrisville, North Carolina
Breckenridge Subdivision Map – Morrisville, North Carolina

jeff warren

Jeff Warren
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Office: 919.342.0333
Mobile: 919.656.7425

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