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Monday, January 5, 2009

Woodcroft and Hope Valley Farms are Consistently Among Raleigh, Durham, and Chapel Hill Favorite Communities

Woodcroft and Hope Valley Farms are consistently among the most popular communities in the Triangle, NC area. In 2008 Woodcroft was the 3rd best selling neighborhood with 153 total transactions. The average price for a home in Woodcroft in 2008 was $177, 532. With amenities such as hiking trails, Woodcroft Swim and Tennis Club, and close proximity to Duke, UNC, NCCU, and Southpoint Mall, it's easy to understand Woodcroft's popularity. The average age of a home in Woodcroft is about 21 years.

Hope Valley Farms, just next door to Woodcroft, is a bit newer and, with its 121 sales in 2008, ranks 7th of all Triangle neighborhoods. The average sale price of a home in Hope Valley Farms in 2008 was $207,528. The average days on market was 63 in 2008.