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:

62 Properties
Page 1 of 6
4
Beds
3F11/2
Baths
11,218
Sq.Ft.
1998
Year Built
222
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 66-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
250
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: Green Acres
6
Beds
7F41/2
Baths
20,283
Sq.Ft.
2000
Year Built
149
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
153
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
694
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...
$4,000,000
Subdivision: Lassiter Place
8
Beds
9
Baths
9,500
Sq.Ft.
2020
Year Built
497
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...
5
Beds
6F21/2
Baths
11,409
Sq.Ft.
2008
Year Built
30
Days on Site
2376667
MLS
More extraordinary than even the best photography can portray. Ideal for the client in search of the exceptional. Thoughtfully designed for an active family or gracious aging in place. Main level...
$3,750,000
Subdivision: Chatsworth
5
Beds
5F41/2
Baths
10,226
Sq.Ft.
2007
Year Built
139
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...
6
Beds
9F51/2
Baths
18,472
Sq.Ft.
1996
Year Built
144
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...
5
Beds
5F21/2
Baths
8,867
Sq.Ft.
2007
Year Built
83
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: The Barony
5
Beds
5
Baths
7,435
Sq.Ft.
2021
Year Built
978
Days on Site
2213220
MLS
In a small gated community, at the end of a cul-de-sac, Tanager I is a California Contemporary residence that delicately blurs the line between indoor and outdoor spaces. Floor to ceiling windows...
$3,150,000
Subdivision: Lakestone
6
Beds
6F11/2
Baths
8,245
Sq.Ft.
2008
Year Built
248
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...

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