We are humbled to announce that we've won Best REALTOR® by the readers of Durham Magazine for the 2nd consecutive year! We couldn't have achieved this without your incredible support and votes. Our clients have been a driving force behind our success, and we are immensely grateful for their trust and loyalty.
Our commitment has always been to provide exceptional service that goes above and beyond. Whether it's our "Signature Listing Service" for sellers or our "White Glove Service" for buyers, we strive to exceed expectations and deliver a concierge experience.
A special shoutout to Durham Magazine for their unwavering support of our local community. Your efforts truly make a difference, and we are proud to be part of such an incredible network.
Here are a few photos from the Best of Durham inaugural party, where some of my new and longtime friends gathered to celebrate the best of the best of Durham.
Carl Johnson and Ellen Shannon, President, Triangle Media Partners
left to right: Kevin Brown, Creative Director, Triangle Media Partners;
Rory Kelly Gillis, President, Triangle Media Partners; Carl Johnson
Melissa Crane, Senior Account Executive, Triangle Media Partners, and Carl Johnson
left to right: Jenna Parks, Publisher, Heart of NC Weddings; Carl Johnson, Kem Johnson, Account Executive, Triangle Media Partners; Kevin Brown, Creative Director, Triangle Media Partners
We would also like to extend our sincere congratulations to Bridget A. Ryan, CPA, PLLC, for being recognized as a fellow Best of Winner: Best Accountant. It was delightful to connect with you during the event.
left to right: Bridget A. Ryan, Bridget A. Ryan, CPA, PLLC;
Jennifer Denny, Bridget A. Ryan, CPA, PLLC; Carl Johnson
A big shoutout to Hendrick Automotive Group for their generous sponsorship and enthusiastic participation at the event, making it a resounding success!
Carl Johnson and Anna Latta, General Manager, Henrick Automotive Group
Indeed, a huge thanks to all the sponsors who helped make this wonderful event possible. We deeply appreciate your invaluable support:
Hub RTP. Coastal Credit Union. Hendrick Subaru Southpoint. Durham Coca-Cola Bottling Co. ECE Eastcoast Entertainment. Fullsteam. Bulkogi Truck. RTP Uncorked. Wonderpuff. ZimZoom Photobooth. Curated Events Raleigh. Two Roosters Ice Cream. Floral Dimensions. The Pit Durham.
Don't forget we also list properties and work with investment buyers at The Crystal Coast, from Swansboro to Beaufort. Spread the word among your friends and family, and we would be honored to receive your referrals.
While we continue to assist clients in the Triangle area, summer presents a fantastic opportunity to list or buy a property. Let's make your real estate dreams a reality!
Reach out to us today at 919-880-0904 and discover how we can turn your real estate dreams into a success story. CLICK HERE here to read testimonials from other agents and see what they have to say about us.
NEW at the bottom of this blog page be sure to see the data about two counties at The Crystal Coast.
Across the entire Triangle Region, there was a 22.1% decrease in listings in May. The number of closed sales also decreased between 2022 and 2023, falling from 4,069 to 3,555 or by 12.6%. The median sales price was reported as $410,000, while units stay on the market for an average of 22 days. This is making it more challenging for buyers. Sellers are getting the benefit of multiple offers, but we are seeing pricing decrease slightly across the Triangle of NC but in others parts of the Triangle we are seeing an increase in pricing.
In Chatham County, there was a 33.3% decrease in new listings in May. The number of closed sales increased between 2022 and 2023, rising from 136 to 147 or by 8.1%. The median sales price increased by 5.1%, which meant in May, Chatham County's median sales price was on par with the median sales price for all MLS listings.
In Durham County, closed sales have decreased 18.1% year to date. Median sales price has decreased 1.4% when compared to April last year, falling from $420,875 to $415,051. In May, the Durham County median sales price overall was lower compared to the median sales price of all MLS listings.
The number of listings in Orange County has decreased by 5.8%, from 207 new listings year to date last year to 195 new listings this year. There was a 7.6% decrease in closed sales. Additionally, the median sales price decreased by 9.5%, from $525,000 to $4507,000. In May, the Orange County median sales price was on par with the median sales price for all MLS listings.
The number of listings in Person County has decreased by 12.2%, from 49 new listings year to date last year to 43 new listings this year. There was a 12.5% decrease in closed sales. The median sales price, however, decreased by less than 1%. In May, the Person County median sales price was higher than the median sales price for all MLS listings.
In Wake County, there was a decrease of 28.9% in the number of new listings year to date compared to last year. The number of closed sales decreased 16.8% percent. The median sales prices decreased by less than 1% year to date, falling to $485,000, which is still higher than the median sales price for all MLS listings.
In Carteret County, there were 156 new listings, comprising residential and multi-family properties. There were 145 sold properties between May and June. While the average list price was $654,689, the average sales price was $436,681, the average list price shows to be increasing in June, which is good news for sellers.
In Onslow County, there were 484 new listings, comprising residential and multi-family properties. There were 481 sold properties between May and June. While the average list price was $389,032, which shows to be increasing significantly in June, the average sales price was $310,619.
If you’re ready to buy or sell at the beach in Carteret or Onslow County, Carl Johnson Real Estate can help you at the Crystal Coast. Give us a call at Carl Johnson Real Estate--919-880-0904—to learn more about how we can help get you to where you want and need to be.
To learn more about the Crystal Coast Communities CLICK HERE
The June 2023 Institute for Luxury Home Marketing monthly trend report is out now! CLICK HERE to download the full report in its entirety. We are happy to share this information with you. The following is per the Institute for Luxury Home Marketing June 2023 Market Report:
Luxury Trends for the Summer
As we head into summer, what trends are set to define this season’s must-haves, and are there any surprises? Smart technology and wellness amenities are certainly top favorites of the affluent homeowner, but today’s buyer is also looking for the home that will fulfil their lifestyle decisions – this more than just the style of the home and/or its location, it is the experience offered by the property that will likely set it apart.
This experience tends to encompass not only unique and spectacular features within the home and its grounds but also the property’s location and surrounding amenities. Affluent buyers’ expectations have shifted, becoming honed by the need to find a sense of purpose for their chosen property and its location as well the opportunity to still add their personal identity and style.
Despite lingering uncertainty outside the luxury real estate market, the steadiness of prices, sales, and inventory levels have resulted in a consistent increase in the demand for luxury properties during the first five months of 2023. The number of luxury properties sold has risen month over month since the start of 2023, aside from January, which did see a downturn in sales. Despite the slight plateau in April, May’s figures saw a 33% increase in sales for single-family homes compared to April and attached properties sales were 26% higher.
This has been assisted by the increased level of new inventory entering the market, up 22% compared to April 2022 for single-family homes and 14% for attached homes – putting inventory levels back on par with levels seen in May 2022. While an increase in new inventory has resulted in a greater number of sales, the significant difference in percentage increase of sales versus new inventory proves that the demand for luxury properties continues, enabling the market to remain strong.
Sold Prices also indicate stability in the current market as overall, the monthly median price for both single-family and attached properties has barely shifted, but more significantly, the homes that are selling are being sold very close to their list price.
Strength and Comfort
There is a focus on permanence in all aspects of the luxury real estate market with quick fads a trend of the past; expect to see quality, endurability, and sustainability as the key determinants in the building, design, and refurbishment of homes for the remainder of the year.
Nature is being embraced, creating a more natural feel through layering, texturing, sustainability processes. Color neutrality with warmer palettes, and Artisan and artistic features are being blended into old and new designs to create soothing, comfortable, yet unique environments.
These elements will be at the forefront of this season’s design palette, and technology will be implemented to provide efficiency but, more specifically, to create spaces and features that offer a sense of ambient wellness.
As the warmer weather sets in, it’s natural to gravitate to outdoor spaces, and the trend for blending and opening up the space between indoors and outside is still very much in vogue. Like the indoors, expect more soft lines, welcoming spaces, and comfortable surfaces. In particular, low-lying outdoor armchairs and sofas are in high demand as they can create relaxing space and a welcoming vibe.
Color schemes are a little more dramatic this year, with shades of red, orange, and green dominating, specifically terracotta, sage green, and seafoam green, set against a rich earthy color or neutral tone background. The post-pandemic frame of mind has filtered into everyday surroundings to capture peace, a sense of well-being, warmth, and wellness. Overall expect to see a renewal of bright, bold, and inspiring interiors. Plus, organic and sustainable design is gaining more traction. These may not be new concepts, but the passion for creating a natural and healthy space is certainly a growing trend.
The art of selling and buying in this market needs a critical and analytical approach; understanding the realities and setting expectations accordingly will ensure that goals are achieved. For homeowners looking to buy or sell in today’s market, we recommend working with a REALTOR who can capitalize on the preferences, trends, and demands in this dynamic and evolving environment.
At Carl Johnson Real Estate we use our experience and knowledge to lead our clients in the right direction. CLICK HERE to read more about Carl Johnson, REALTOR®, Broker, Owner, and Founder of Carl Johnson Real Estate. Carl is certified as an Institute for Luxury Home Marketing Specialist, CLHMS, which means he offers superior knowledge and experience in the luxury market. His CLHMS membership also provides him with access to an elite network of contacts and resources that help drive the perfect buyer to your high-end listing or find you your dream home! Using the most up-to-date marketing information, Carl positions your listing ahead of the market curve. Call 919-880-0904 for a consultation or CLICK HERE
It’s that time of year: Enofest is back! The 44th annual Festival for the Eno, highly anticipated event returns on July 1 and 4, 2023. This immersive in-person experience promises live music, a juried craft show, delectable food, and endless fun by the river. Be sure to secure your tickets now for an unforgettable celebration!
Enofest brings together the best of contemporary and traditional entertainment from both established and emerging artists. With a diverse range of performances, attendees can expect a rich cultural experience. The festival also features a broad selection of fine crafts, providing an opportunity to interact with talented artists from the region. From traditional pottery to intricate jewelry, there's something to suit every taste at the Festival for the Eno.
Indulge your taste buds with offerings from North Carolina's finest food trucks and vendors. The festival prides itself on showcasing the mouthwatering cuisine of the region. Whether you're craving savory barbecue, refreshing ice cream, or delectable vegetarian options, you'll find it all at the Festival for the Eno. Make sure to arrive hungry and leave satisfied!
Enofest will take place on Saturday, July 1, and Tuesday, July 4, from 10:00 am to 6:00 pm daily.
Please note that tickets are required for all attendees aged 5 and up. To safely and securely purchase tickets online, visit Enofest - Live Music Festival, Craft Show, Food, Fun
To reward early birds, advanced ticket sales are available until June 25th at the following rates: $25 per day or $40 for a two-day pass. After June 25th, regular sales will commence, with tickets priced at $35 per day or $60 for a two-day pass. Children aged 5-17 can attend for $10 per day or $15 for a two-day pass. Children 4 and under can enter free of charge.
Due to high demand, ticket availability may be limited, and it is advised to purchase in advance as sell-outs are expected. Please note that tickets may not be available for purchase on the day of the festival.
The Eno River Association
The Enofest event is organized by the Eno River Association, a non-profit and tax-exempt organization established in 1966. The association's primary mission is to protect the natural, cultural, and historic resources of the Eno River basin, located in northern Durham and Orange counties. Over the years, the Eno River Association has played a pivotal role in preserving more than 7,400 acres of natural and working lands. Additionally, they have helped establish five local, state, and regional nature parks, including Eno River State Park, Occoneechee Mountain State Natural Area, West Point on the Eno City Park, Penny’s Bend Nature Preserve, and Little River Regional Park. By acquiring land, securing easements, and providing stewardship, education programs, and annual festivals, the association inspires others to prioritize the preservation of local natural resources.
Mark your calendars for July 1 and 4! By participating in Enofest, you'll not only have a fantastic time but also support the important work of the Eno River Association in preserving the natural beauty and cultural heritage of the region. Get your tickets now!
Whether you’re a first-time home buyer looking in Durham-Chapel Hill area or an experienced buyer looking for a Crystal Coast property, at Carl Johnson Real Estate, we walk you through all the details of each and every purchase and always protect your best interests. Our goal is to create an agent-buyer team that has a full understanding of the processes involved in buying a property and what is needed to get the buyer into their dream home to improve their quality of life. Give us a call at Carl Johnson Real Estate to learn more about how we will help get you to where you want and need to be. Call us TODAY 919-880-0904 or CLICK HERE.
Here is an overview of what a possible “normal” real estate market might look like. I’m also sharing data on the past decade’s mortgage rates, as well as the definitions of five different types of real estate markets.
If you want to stay informed about the latest real estate trends and developments in your area, our blog is a great resource to stay ahead of the game. It has something for everyone, whether you're a seasoned real estate investor or a first-time homebuyer. Don't miss out on valuable insights and advice – visit us HERE or call us today at 919-880-0904
I'm delighted to share with you some fantastic ideas on how to enhance and enjoy your outdoor spaces in an eco-friendly manner this summer. Check out the practical tips below that promote sustainable practices, along with valuable insights into maintenance and decor choices.
According to an article in the Triangle Business Journal on May 31, 2023, plans have been submitted for a new apartment complex in northeast Durham. Geer and Junction LLC, led by developer Jarrod Edens, have filed site plans for apartments on East Geer Street close to the Walmart Supercenter near Interstate 85. The complex will consist of 208 apartments, including 24 units designated as affordable housing. The development will also feature over 25,000 square feet of outdoor recreational space.
The apartments will offer a variety of unit types, including studios, one-bedroom, and two-bedroom units. The one- and two-bedroom units will have balconies. The sizes of the apartments will range from 576 square feet for a studio to 1,128 square feet for the largest two-bedroom unit. The complex will comprise four buildings, one of which will be three stories tall, while the others will be four stories.
Amenities for the community will include a clubhouse, amenity center, swimming pool, bocce court, soccer field, dog park, two grill and picnic areas, a 10-foot-wide multi-use path, and open lawn space. Additionally, the development will preserve the existing stream and surrounding trees on the site.
Construction is expected to begin in late 2023, with the first residents moving in during the early to mid-part of 2025. The apartment complex will provide surface parking with 269 spaces, including at least four electric vehicle charging stations.
The market-rate apartments will be complemented by affordable housing units that will be offered at 60 percent of the area's median income. These affordable units will be indistinguishable from the market-rate apartments.
Currently, there are no apartments along I-85 in the northeast direction of Durham. The closest options are located along Highway 70 to the southwest and in Bragtown. For example, Blu Station Apartments near Highway 70 offer one-bedroom units starting at $1,000, while The Atrium apartments in Bragtown start at $1,400 per month for a one-bedroom unit.
Looking to stay up to date with the latest real estate trends and developments in your area? You're in the right place! Explore our blog to learn more about other noteworthy projects that are shaping the real estate landscape in the Triangle region, then connect with our community expert Carl to discuss your real estate goals. Call us at 919-880-0904 today.
Interested in golfing in Durham? Visit our blog post on golf courses and country clubs HERE.