Demand remains strong for homes in the million dollar price range in Raleigh as we reported in September.
Triangle MLS reports that the average price of homes sold in Wake County climbed 3.5% year-over-year to $$555,329 despite higher mortgage rates.
A house that sold for $1.7 million tops the list of the most expensive residential real estate sales in Raleigh in the past week.
In total, 112 residential real estate sales were recorded in the area during the past week, with an average price of $492,089. The average price per square foot was $252.
Million dollar homes keep selling in Triangle, driving up average prices
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The prices in the list below concern real estate sales where the title was recorded during the week of Oct. 8 even if the property may have been sold earlier.
10. $850K, detached house at 415 New Bern Ave.
A sale has been finalized for the single-family home at 415 New Bern Ave. in Raleigh. The price was $850,000 and the new owners took over the house in September. The house was built in 1910 and the living area totals 3,214 square feet. The price per square foot ended up at $264.
9. $875K, single-family residence at 5700 Crutchfield Road
The property at 5700 Crutchfield Road in Raleigh has new owners. The price was $875,000. The house was built in 2017 and has a living area of 2,324 square feet. The price per square foot is $377.
8. $910K, single-family house at 9224 Meadow Mist Court
The property at 9224 Meadow Mist Court in Raleigh has new owners. The price was $910,000. The house was built in 2002 and has a living area of 4,163 square feet. The price per square foot is $219.
7. $1.2 million, single-family home at 3122 Ashel Street
The sale of the single family residence at 3122 Ashel Street in Raleigh has been finalized. The price was $1,150,000, and the new owners took over the house in September. The house was built in 1955 and has a living area of 2,698 square feet. The price per square foot was $426.
6. $1.3 million, single-family home at 4209 City of Oaks Wynd
The sale of the single-family home at 4209 City of Oaks Wynd, Raleigh, has been finalized. The price was $1,300,000, and the new owners took over the house in September. The house was built in 1988 and has a living area of 5,688 square feet. The price per square foot was $229.
5. $1.3 million, single-family residence at 5146 Collingswood Drive
The 3,775 square-foot single-family house at 5146 Collingswood Drive, Raleigh, has been sold. The transfer of ownership was settled in September and the total purchase price was $1,340,000, $355 per square foot. The house was built in 2016.
4. $1.5 million, single-family house at 204 Carpathian Way
The 5,743 square-foot single-family house at 204 Carpathian Way in Raleigh has been sold. The transfer of ownership was settled in September and the total purchase price was $1,492,000, $260 per square foot. The house was built in 1983.
3. $1.5 million, detached house at 5216 Milner Drive
The property at 5216 Milner Drive in Raleigh has new owners. The price was $1,517,000. The house was built in 2022 and has a living area of 5,345 square feet. The price per square foot is $284.
2. $1.6 million, single-family house at 708 Coventry Court
The property at 708 Coventry Court in Raleigh has new owners. The price was $1,550,000. The house was built in 2020 and has a living area of 4,244 square feet. The price per square foot is $365.
1. $1.7 million, single-family home at 3311 Alleghany Drive
The sale of the single family residence at 3311 Alleghany Drive in Raleigh has been finalized. The price was $1,650,000, and the new owners took over the house in September. The house was built in 1957 and has a living area of 3,510 square feet. The price per square foot was $470.
This story was generated using public data feeds and artificial intelligence. Send any errors to jglusco@wral.com.
