Posts Tagged ‘RTP real estate’


Yes, that’s right, you can bike or bus to Duke from 710 C Constitution Drive Durham, NC 27705. Offered at $175,000 this 2100 square foot townhouse styled condominium brings a whole host of value added features to the table.  Some of those features are:

  • A wall of glass with wooded views
  • Four bedrooms one on the main level.  This main level space is very flexible.
  • An open and flowing floor plan perfect for entertaining,
  • An amazing amount of closet space
  • Two and a half baths
  • Fresh paint through out
  • New range
  • Newer 15 Seer heat pump
  • Dramatic vaulted ceilings
  • A large community club house which can be used for entertaining. There is a full kitchen
  • A beautiful community in ground pool
  • Tennis courts
  • The location, 5 minutes from Duke and the VA, 15 from RTP, 10 to Downtown Durham
  • Ample deck space
  • A peaceful yet convenient location

Interested in learning more?  Seeing more photos?  Visit our web site at TeamMichaelSullivan.com or call us 919-493-7633

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Still looking good…

February 2013 vs. February 2014 closed residential real estate statistics for the entire RTP region, from Triangle Multiple Listing:


1656 closed sales, 3 bedrooms, 2.5 baths, 2107 square feet, $216,967 list price, $210,960 sale price, 111 days on market.


1693 closed sales, 3 bedrooms, 2.5 baths, 2141 square feet, $233238 list price, $227635 sale price, 97 days on market.

In my opinion the inflation in average list and sales prices comparing 2013 to 2014 is startling. I expect with inventory down that we’ll continue to see this upward tick in prices.  Condos and townhouses are recovering much more slowly.

Know someone who’s thinking about buying, selling or leasing real estate?  Refer them to us. 

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3806 Axle Lane Raleigh, NC 27616

This lovely townhouse is spacious and well done. The kitchen has been completely updated with refinished cabinets, new counter tops, lovely black and stainless appliances all topping off gleaming hardwood floors.  Hardwood flooring extends from the foyer to the dining area and upstairs to the hallway. The living room and bedrooms are carpeted with a lovely low pile neutral shag. Each bath has been painstakingly upgraded with décor sinks, cabinetry and faucets. The owner’s bath is a true treat with a spa like soaking tub. Throughout this home you’ll find ample closet and storage space and a location that is minutes to downtown, RTP, RDU and 540.

Imagine warm evenings grilling on your spacious rear deck and relaxing knowing that a proactive and caring home owner association is taking care of your home.    Additionally you’ll love the three bedrooms and two and a half baths.

Want to learn more?  Want to see inside?  Call us at 919-608-2372 or visit our web site:  www.TeamMichaelSullivan.com



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Here are Triangle wide numbers, September 2012 vs. September 2013. A few months ago I said that there would be a cooling off in the market in the 4th quarter.  Based on my volume of business, new buyer inquires and new seller inquires; I’m not certain that a cooling off is coming, just yet.  My biggest concern at the moment, is this inflation in housing values, too much, too fast; is not too good. We are seeing keen competition for good homes and in some cases not so good homes. The condo and townhouse market can still be a bit difficult.


2006 Closed Listings September 2012

$226,461 Average List Price

$218,955 Average Sale Price

112 Average Days on Market


2323 Closed Listings September 2013

$234,938 Average List Price

$228,727 Average Sale Price

80 Average Days on Market

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