Avalaire Posts Record First Quarter Sales

RALEIGH, N.C. - May 1, 2020 - PRLog -- Pablo Reiter and Mark MacDonald, developers of the premier Avalaire community, are pleased to announce nine luxury custom home sales in first quarter 2020. Located off Durant Road in a serene North Raleigh setting, Avalaire is a nature-inspired sanctuary just minutes from excellent schools, restaurants, and shopping, with easy access to I-540. This exceptional location, combined with large wooded homesites ranging from 3/4 to 2+ acres and a select custom builder team with outstanding reputations for crafting luxury estates are but a few of the distinctive features of Avalaire.

The award-winning builder team at Avalaire consists of Arthur Rutenberg Homes, Blue Heron Signature Homes, Bost Custom Homes, Homestead Building Company, Loyd Builders, KJ Construction, Phil Miller Construction, Robuck Design Build, Rufty Homes, and Young Homes. These master builders are known for their creativity, craftsmanship, and the manner in which they provide a rewarding and lasting customer experience.

Triangle Business Journal recently recognized Avalaire in its list of most expensive homes sold in the Triangle in the past 12 months. Of 25 homes on the list, five held an Avalaire address. The price range of Avalaire homes is $1.3M to $3M+, with the average sales price at $1,825,000. The average square footage of Avalaire homes is 5,775.

"Buyers keep seeing more and more SOLD signs as they drive through our neighborhood," says John Young of The Young Team, Coldwell Banker HPW, Global Luxury. "They're feeling the urgency to not miss out on the remaining opportunities, since there will never be a location like Avalaire again."

"The wealth of knowledge and creativity provided by our exclusive Avalaire Builder Team elevates the home building experience and allows for an easy way to transition from an initial Lot Reservation to moving forward to custom build a new home," adds Leslie Young of The Young Team.

Thirty-five families are now living in Avalaire, with less than ten pre-sale opportunities and three speculative opportunities remaining in Phase 1.

"Avalaire consists of a total of 92 homesites in two phases," says Mark MacDonald. "I can speak for both Pablo and myself in saying we are very pleased that the efforts of our team have resulted in 58  homes sold. A new sale in April has kicked off what we expect to be a strong second quarter. We're looking forward to continued success at Avalaire."

Schedule a private appointment by calling John Young at 919-271-8820 or Leslie Young at 919-280-5401. Learn more at www.Avalaire.com.