Triangle Luxury Home Market on Pace to Double 2016's Sales Volume

Triangle Luxury Homes For Sale

The luxury home market throughout the Triangle region appears to be thriving right now, posting some of the best numbers we’ve seen in almost a decade. According to a new report from the Triangle Business Journal, 20 Triangle homes priced at $1.8 million or more have sold so far in 2017, which means if the current sale pace continues, we could see over 40 luxury homes priced at that level move before the end of the year.

For comparison sake, just 17 homes at $1.8 million or more sold during all of 2016, putting 2017's numbers through the end of June on track to double last year’s overall total. Also noted in the report is that these numbers aren't factoring in pre-sales of new luxury homes, which could boost this 2017’s sales volume even higher.

New construction over the past couple years, not just in the Triangle but in markets all over the U.S., has also favored the luxury side of the market, which is undoubtedly a contributing factor in such a substancial jump in high-end home transactions here in the Raleigh-Durham area.

Most notably, the highly touted, large-lot Avalaire community, which has finally begun to move forward, will feature an impressive collection of 93 wooded lot, custom-built homes that are expected to price somewhere between $1.25 and $3 million; but as you can see below, that's certainly not the only place to begin a luxury home search in the Triangle area right now.

SEARCH TRIANGLE AREA HOMES $1.75 MILLION AND OVER BELOW:

58 Properties
Page 1 of 5
4
Beds
3F11/2
Baths
11,218
Sq.Ft.
1998
Year Built
155
Days on Site
2345471
MLS
Famed Butler Farm, known for its world class Arabian horse facilities, is for sale! Includes stately custom main residence and 64-stall, state-of-the-art brick & block barn. Other structures add...
$6,695,000
Subdivision: The Hills Of Rosemont
5
Beds
6F31/2
Baths
15,675
Sq.Ft.
2006
Year Built
183
Days on Site
2340437
MLS
Set amidst manicured lawns & impeccable landscaping in The Hills of Rosemont, one of North Carolina’s most prestigious gated enclaves, this spectacular country manor house stands out among the...
$5,500,000
Subdivision: Landfall
6
Beds
7F11/2
Baths
7,781
Sq.Ft.
2010
Year Built
105
Days on Site
2354233
MLS
With expansive views from Wrightsville Beach to Figure Eight Island, this stunning residence in the gated community of Landfall offers an opportunity to own one of the finest properties along the...
$5,500,000
Subdivision: Green Acres
6
Beds
7F41/2
Baths
20,283
Sq.Ft.
2000
Year Built
82
Days on Site
2357404
MLS
Picturesque inside and out, this stunning estate nestled in a lavish setting reflects the owner’s talent in sophisticated attention to details and marvelous design. The elegant entry welcomes...
3
Beds
4F11/2
Baths
6,520
Sq.Ft.
1996
Year Built
86
Days on Site
2356665
MLS
Beyond the classic covered bridge over the charming lake, magic awaits. The pièce de résistance of this 100+-acre sanctuary is its more than 6,500 sq. ft. manor house where marble, parquet, soaring...
$4,500,000
Subdivision: River Dunes
5
Beds
5F11/2
Baths
6,270
Sq.Ft.
2008
Year Built
627
Days on Site
2261703
MLS
Quaint, Timeless, Breathtaking. Arriving at 11 Jayne Point in Oriental, NC, you will be in Awe of the home & views awaiting you. Located in River Dunes, not far from Historic New Bern, halfway...
6
Beds
9F51/2
Baths
18,472
Sq.Ft.
1996
Year Built
77
Days on Site
2358089
MLS
Rare opportunity in May's Lake Community! Stunning unique Tudor style home with gorgeous view of May's Lake. This home features an abundance of luxury finishes including marble flooring, extensive...
$4,000,000
Subdivision: Lassiter Place
8
Beds
9
Baths
9,500
Sq.Ft.
2020
Year Built
430
Days on Site
2294078
MLS
CUSTOM HOME DESIGN! This Classic Georgian Revival was designed by nationally renowned Architect James Collins. Enjoy living inside the Belt-line surrounded by all the attractions North Hills has to...
$3,750,000
Subdivision: Chatsworth
5
Beds
5F41/2
Baths
10,226
Sq.Ft.
2007
Year Built
72
Days on Site
2358728
MLS
Through the iron gates and across the stone bridge is a magical estate called Hulland. Built on over 2 secluded acres abutting the Falls Lake preservation area, this custom estate offers ultimate...
5
Beds
5F21/2
Baths
8,867
Sq.Ft.
2007
Year Built
16
Days on Site
2366996
MLS
Exquisite custom waterfront estate on 10 acres. Breathtaking beauty throughout this magnificent home highlights exquisite taste and selection. A sweeping walnut staircase and foyer greets you with...
$3,195,000
Subdivision: North Ridge
6
Beds
6F31/2
Baths
12,204
Sq.Ft.
2015
Year Built
50
Days on Site
2361178
MLS
Exceptional Golf Course Living in this Magnificent Custom Estate Nestled on Manicured Lot w/Panoramic views of the North Ridge Golf Course! This home is defined by Unique Design, Finest Quality...
$3,150,000
Subdivision: Lakestone
6
Beds
6F11/2
Baths
8,245
Sq.Ft.
2008
Year Built
181
Days on Site
2340992
MLS
Inside Beltline Custom Built All Brick House overlooking the lower Lakestone Lake. This classic house offers a traditional floor plan w/ 1st floor master. All the formal rooms each w/ a masonry...

Post a Comment

Home Value
Get your home's value

Our free service provides you with a detailed estimate of your home's current market value.

Learn More
Home Worth
Market Stats

Up-to-date statistics on the Raleigh, NC Real Estate market, including average listing price and more.

Learn More
Open House Map
Open House Map

Find your next home and learn about neighborhoods, current market statistics, and local schools.

Learn More