Homes for Sale in Lochmere

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If there is a specific home you are interested in or have a type of home in mind in Lochmere, give me a call.  (919) 714-1571.

I live here and know many of the residents.  Through my Monthly Newsletter delivery and meeting my neighbors, often I know of upcoming listings before anyone else. 

If you are curious about your home value in Lochmere, I'd be happy to prepare a courtesy market analysis for your home.  I am a licensed contractor, home inspector and appraiser and have indepth knowledge of the local market.

Luxury Homes Sales on the Rise in the Triangle, NC

According to data obtained from TMLS, the Durham, Orange, Chatham and Wake County Revenue Departments and other sources, Luxury home inventory for 2nd Quarter 2012 decreased by 16% compared to 2Q/11.  In our area, the luxury home market is defined as properties over $500,000.

Also decreased was the number of withdrawn listings (21%) and expired listings (19%). 

Expired and withdrawn listings accounted for 35% of luxury homes listed in Q2/12, down from 47% in the same period 2011. 

However, closings are up 25% compared to Q2/11 with 25 of them being over $1 million.  A 19% increase to the same period 2011.  New home inventory of luxury homes is down and accounts for only 10% of the segment, compared to 2007 where it accounted for 51%.

This is good news for sellers of luxury resale luxury homes!  There is still quite a bit of competition in this market segment, so sellers really have to be strategic about pricing, showing condition and marketing strategies.

Take a look at current Active listings in your area to see how your home compares.  If you would like a detailed market analysis give us a call at the Don Johnson RealEstate Team to learn more about our Luxury Home Marketing Services. 919-473-3578 

Take a look at the current inventory of luxury homes in the Triangle area.

Apex Luxury Homes for Sale

Cary Luxury Homes for Sale

Chapel Hill Luxury Homes for Sale

Durham Luxury Homes for Sale

Morrisville Luxury Homes for Sale

Raleigh Luxury Homes for Sale

New Apartment Complex Coming Soon Near Lochmere

In June 2012 a land deal was finalized for a 12.5 acre property located at the corner of Cary Parkway and Tryon Rd.  Plans are to build a 205 unit apartment complex.  Lochmere residents voiced concern over the project, but it has been approved and will be constructed.

On the positive side, small business owners in the Lowes shopping center may see a benefit from an increase in traffic in the area.  Many business and restaurants in the shopping center have struggled, especially with the opening of Waverly Place just down the road.

What are your thoughts on this new project?  Do you think it will have a positive or negative impact on home values in Lochmere?  Will we see an increase or decrease in homes for sale?

Contact me today for a no obligation home evaluation or sign up for my Market Insider Report to get your homes value and stay on top of the home market in Lochmere.

Homes for Sale in Lochmere

Search all Homes for Sale in Lochmere - Cary, NC

The Don Johnson Real Estate Team specializes in Lochmere properties.  We can help you find the perfect home in Lochmere.  Don lives in Lochmere on the lake and is an active member of the community.  He can find you a home for sale in Lochmere before anyone even knows it is for sale.  Contact us today to learn more.  If you see a home currently listed for sale in Lochmere, give us a call, we would be happy to show it to you.

Homes for Sale in Lochmere, Cary NC

Foreclosures Cary, Raleigh, Apex, Morrisville NC

Lochmere is one of Cary's premire neighborhoods featuring custom lakefront properties, executive homes, condos, townhomes, and single family homes.  Lochmere offers a Golf Club, Golf Course, Walking Trails, Tennis and Swimming.