Market Trends: 3/12/2010
Chapel Hill
Market Snapshot
Total Properties Listed:
1,158
Month-Over-Month Change: +11.03%
Average List Price:
$463,022
Month-Over-Month Change: -.06%
Median List Price:
$375,000
Month-Over-Month Change: +1.65%
Typical Property
Single-Family Home
3.36 Bedrooms
2.98 Baths
$463,022 Average List Price
$198/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$269,767
2 Bedrooms:
$319,401
3 Bedrooms:
$414,943
4 Bedrooms:
$620,096
5 Bedrooms:
$900,916
Top 5 Most Viewed Properties
Chapel Hill, NC Real Estate:
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About Chapel Hill
The Town of Chapel Hill is a community full of history and tradition. Located in Orange County, Chapel Hill is also known as the “Southern Part of Heaven” and is home to more than 50,000 residents. In 1793, the Town was selected as the site for the state’s first university, the University of Chapel Hill. Since then, Chapel Hill transformed from a small, rural village to a bustling university city with small town charm.
Along with Raleigh and Durham, Chapel Hill is one of the three “points” of the Research Triangle Park, and is known for being a top location for living and doing business. Residents take pride in the quaint tree-lined streets, small shops and restaurants, and natural beauty in its protected natural environments.
If you’re interested in learning more about Chapel Hill or are considering relocating to the area, EXIT Realty First Choice has agents who are well versed on the area and are available to help you with all of your real estate needs.
Buying a New Chapel Hill Home?
Buying a Chapel Hill home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a Chapel Hill home to purchase:
- Location – Chapel Hill has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in Chapel Hill.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the Chapel Hill home
that is the best fit for your family. With hundreds of beautiful Chapel Hill homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your Chapel Hill Home?
Selling your Chapel Hill home through Exit Realty First Choice is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Exit Realty First Choice is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the Chapel Hill home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Exit Realty First Choice is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your Chapel Hill home?
The Chapel Hill home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your Chapel Hill home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.