Raleigh Condos $240-$300 per Sqft

Check out this article on WRAL concerning downtown condominiums. Although prices seem to be high, they are still comparable to Atlanta and Pittsburgh. I personally believe the continuing growth of downtown area attractions such as upper-scale shopping and dining, make these homes a great investment-even at $300 per square foot based on nationwide statistics.

The average price of a condo downtown is about $240 per square foot, while a new unit with all the upgrades is about $300 per square foot.“If you live locally and look at condo prices downtown, it blows your hat off,” Andersen said. “You’re totally, ‘Oh my gosh.’ But if you are coming here from Seattle, L.A. or Chicago or any of the metropolitan areas, we are inexpensive, comparatively speaking.”

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