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Updated almost 8 years ago,
Appreciation % by Subdivision: Cary/Raleigh/Apex/HP/Morrisville
Hey BP family!
Thought I'd provide some updated info on the appreciation rates around Wake county. Bellow are the top 5 appreciating subdivisions (neighborhoods) per area.
Cary/Apex/Morrisville Avg PPY Avg Price
1. Knollwood estates 6.2% $169,050
2. Macgreggor Downs 4.18% $444,571
3. Greenwood Forest 4.13% $208,600
4. Scottish Hills 2.81% $202.222
5. Northwoods 2.64% $212,250
Inside the Beltiline
1. Mordecai Place 6.5% $313,958
2. Hayes Barton 5.45% $624,091
3. Bloomsbury 5.43% $515,893
4. North Hills 5.42% $340,650
5. Cameron Park 5.36% $519,000
East Raleigh/Wake
1. Brentwood 2.35% $145,587
2. Planters Walk 1.00% $175,179
3. Edgewater 0.43% $164,786
4. Southall 0.4% $169,800
5. Emerald Pointe 0.27% $158,500
North Raleigh/Wake
1. Quail Hollow 6.47% $263,400
2. Springdale Estates 5.12% $327,844
3. Northclift 4.25% $172,550
4. Cypress of Raleigh 4.08% $611,417
5. Oak Park 4.00% $273,318
SW Cary/Fuquay/HSprings
1. Remington 2.58% $139,208
2. Ballenridge 1.7% $186,700
3. Lochmere 1.46% $391,868
4. Creekside at Tryon Village 1.45% $237,091
5. Valleyfield 1.07% $187,429
- Many of these neighborhoods are great places to own SFR's or to live yourself. Hope this helps and happy investing, everyone!