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Heritage Wake Forest records most sales of any Triangle subdivision in 2011

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The year-end home sales report released last week by Triangle Multiple Listing Services also included data on the top selling subdivisions in the Triangle.

The battle for first place wasn't even close.

Heritage Wake Forest led the way with 244 closings, or more than twice as many as the next closest community: Wakefield in North Raleigh, which recorded 114 sales.

Heritage's sales are impressive even when you factor in that the community is among the largest in the Triangle.

Rounding out the top ten were Hope Valley Farms in Durham (81), Hedingham in Raleigh (80), Bedford at Falls River in Raleigh (78), Brier Creek in Raleigh (73), Preston in Cary (73), Briar Chapel in Chapel Hill (72), 12 Oaks in Holly Springs (67) and Woodcroft in Durham (67).

The average sales price in Heritage was $318,968. Preston had the highest average sales price among the top-selling communities at $506,178.

On a price per square foot basis, Southern Village in Chapel Hill was tops with an average of $183.47 per square foot for its 54 closings.

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About the blogger

Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or e-mail him.