More million-dollar price tags: Homes sell for over $1M in Durham, Hillsborough
Between a growing housing shortage and an influx of migration, a million-dollar house-hunting budget isn’t what it used to be in today’s housing market.
While home sales are slowing across the Triangle, prices remain high. Homes selling for well above $1 million may not be the norm, but they’re far less rare.
Case in point: A house in the 2800 block of Chelsea Circle in Durham sold for $2,160,000, or $395 per square foot, on Sept. 19. The 5,464-square-foot property, built in 1964, sits on a 1.1-acre lot. It features five bedrooms, five bathrooms, an attached garage and two parking spaces.
In Hillsborough, a single-family house in the 300 block of New Isley Trail sold for $1,190,000 on Sept. 14. The exterior features a gable roof design constructed with shingles (not wood). Inside, there are four bedrooms and four bathrooms.
Here’s a quick look at some of the other transactions our artificial intelligence-powered real estate tool found this week.
- Single-family home sells for $1.3 million in Wake Forest
- Single family residence sells for $1.2 million in Raleigh
- A 5-bedroom house sold in Durham sells for $1.5 million
- Detached house sells in Raleigh for $1 million
- Sale closed in Raleigh: $1.8 million for a single-family house
This story was originally published October 6, 2023 at 5:00 AM.
