Cross Gate Market Report July - December 2011
Cross Gate is a beautiful North Raleigh luxury subdivision with elegant homes that is situated in a convenient location for access to all Raleigh has to offer.
Cross Gate homes are priced in the $500,000 to $900,000 range. They're nice sized homes running between 3000-5000 square feet. Most Cross Gate homes were built from 1995 to 2001.
Cross Gate has wonderful amenities. There are three lakes for fishing and boating, a swim and tennis club, a private park, and a children's playground.
Cross Gate is located outside of the city limits, which is great for the Raleigh property tax rate. Property tax for homes outside the city limits is about half as much as for those homes within the city limits.
From July through December of 2011 there have been 4 homes sold in Cross Gate. The average sales price was $624,200 with an average price per square foot of $126. It took, on average, 443 days to sell a home in this North Raleigh luxury subdivision. Homes in Cross Gate, on average got 92.5% of the asking price during this time period.
Cross Gate Homes Sold from July through December 2011
Address |
List Price |
Sale Price |
Beds |
Baths |
Home s.f.* |
SP/s.f.* |
DOM* |
Sold Date |
4410 White Chapel Way |
$950,000 |
$900,000 |
5 |
4.5 |
7466 |
$121 |
272 |
8/19/11 |
1008 Broken Sound Way |
$699,900 |
$653,000 |
5 |
3.1 |
4271 |
$153 |
159 |
10/26/11 |
4305 White Chapel Way |
$429,900 |
$375,000 |
4 |
4 |
4030 |
$93 |
866 |
11/15/11 |
3824 White Chapel Way |
$600,000 |
$568,800 |
4 |
3.5 |
4215 |
$135 |
475 |
12/21/11 |
Average |
$669,950 |
$624,200 |
5 |
4.5 |
4996 |
$126 |
443 |
* s.f = square feet
* SP/s.f. = sales price per square foot
* DOM = Days On Market
If you have questions about a Cross Gate home or any North Raleigh Homes for sale
Email Us or Call Us Today at 919-280-2726
Cross Gate Homes Sales July-December 2011
View Cross Gate Home Sales 7/11-12/11 in a larger map
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Content By Erin Bohner
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