North Raleigh Real Estate | Falls River Homes For Sale and Neighborhood Overview

by Bob Fortner on November 19, 2007

falls-river-georges-pondThere are currently 22 homes for sale in Falls River in North Raleigh. This awesome neighborhood has a variety of housing that will meet just about any need. And the amenities are pretty good too! This eleven year old North Raleigh neighborhood features community parks and playgrounds, sidewalks on both sides of tree lined streets, and a super convenient location.

The average home price has increased by $48,483, or 21%, over the last 5 years. Here are the current 2007 market statistics for Falls River.

$277,859 average sell price

2,175 average square footage

75 YTD home sales in 2007

41 days on market, average

Now is a great time to buy a home in Falls River. The 22 homes for sale break down as follows.

DETACHED SINGLE FAMILY

4 Falls River homes for sale under $250,000

6 Falls River homes for sale from $250,000 – $300,000

3 Falls River homes for sale from $300,000 – $350,000

2 Falls River homes for sale from $350,000 – $400,000

1 Falls River homes for sale over $400,000

CONDOS

3 Falls River condos for sale under $150,000

TOWNHOMES

1 Falls River townhome for sale under $200,000

2 Falls River townhomes for sale from $200,000 – $250,000

falls-river-front-porchAs you can see, there is a home for sale for just about every budget in Falls River. And it’s a great place to live too. I lived in Falls River for 8 years and there is much that we miss about this great neighborhood.

If you are looking for a place with a real community feel and distinctive architectural style, Falls River might just be the place for you. Leave your comments below, or give me a call if you want more info on homes for sale, or the Falls River community in general.

{ 5 comments… read them below or add one }

South Charlotte Real Estate November 21, 2007 at 7:09 pm

Bob- Thanks- Falls River still 4 homes under 250K, it looks like there is good value there. Raleigh home buyers need information like this.Terry McDonald, Charlotte NC

Port Orange Juice November 22, 2007 at 10:25 pm

Top Raleigh Realtor with great experience and knowledge of Fall River Community. It appears that now is the time to buy Raleigh Real Estate.

Janis

Bob November 24, 2007 at 8:34 am

Terry – Homes in Falls River in North Raleigh do still represent a great value in the Raleigh real estate market. And it’s a wonderful neighborhood too!

Bob November 24, 2007 at 8:36 am

Janis – I addition to spending a lot of time selling homes in North Raleigh, living in Falls River for 8 years really helps me know how to tell people what life there is really like.

Indianapolis Real Estate November 24, 2007 at 9:14 am

Bob – What a great community! It looks like Falls River is a Great value in the North Raleigh area. Paula

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