Alcove RTP Market Roundup 12/01/2023

Alcove Team · 12/1/23

The RTP real estate market is showing significant activity this fall. This update provides insights into new listings and recent sales in the area, coupled with exciting regional news. Here's what's happening in the Raleigh-Durham market:

New featured listings:

4.0 bed, 3.0 bath house listed for $500K in Durham, NC

Details:

Bedrooms: 4.0
Bathrooms: 3.0
Living Area: 2304.0 sqft
Lot Area: 10018.8 sqft
Price: USD $500K
Price per sqft: USD $217
Source: Listing

4.0 bed, 4.0 bath house listed for $475K in Durham, NC

Details:

Bedrooms: 4.0
Bathrooms: 4.0
Living Area: 2260.0 sqft
Lot Area: 3484.8 sqft
Price: USD $475K
Price per sqft: USD $210
Source: Listing

5.0 bed, 4.0 bath house listed for $425K in Durham, NC

Details:

Bedrooms: 5.0
Bathrooms: 4.0
Living Area: 2766.0 sqft
Lot Area: 6098.4 sqft
Price: USD $425K
Price per sqft: USD $154
Source: Listing

Recent Sales:

3.0 bed, 3.0 bath house sold for $480K in Raleigh, NC

Details:

Bedrooms: 3.0
Bathrooms: 3.0
Living Area: 2216.0 sqft
Lot Area: 3049.2 sqft
Price: USD $480K
Price per sqft: USD $217
Source: Listing

3.0 bed, 2.0 bath house sold for $480K in Durham, NC

Details:

Bedrooms: 3.0
Bathrooms: 2.0
Living Area: 1752.0 sqft
Lot Area: 0.931 acres
Price: USD $480K
Price per sqft: USD $274
Source: Listing

3.0 bed, 2.0 bath house sold for $455K in Durham, NC

Details:

Bedrooms: 3.0
Bathrooms: 2.0
Living Area: 1560.0 sqft
Lot Area: 6534.0 sqft
Price: USD $455K
Price per sqft: USD $292
Source: Listing

Recent RTP news:

Teresa Spangler, founder and CEO of Plazabridge Group, is using her innovation background to fund and inspire ALS research while battling the disease. (source)
Precision Fermentation, based in Durham, raises $6 million in equity funding to advance its IoT technology for precise measurement of fermentation tank conditions. (source)
North Carolina launched Medicaid expansion, providing healthcare coverage to over 600,000 newly eligible residents. (source)