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Average Home Price (Triangle)
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$227,185 (2006)
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Average New Home Price (Triangle)
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$277,739 (June 2006)
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Average Home Price (Wake)
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$256,645 (November 2006)
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Average Downtown Condo Price
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$343,000 (2006)
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Home Appreciation Raleigh-Cary (1Q2005-06)
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6.77%
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Average Class A Office Rate (Triangle)
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$18.20 (2005)
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Office Vacancy Rate (Triangle,2006)
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13.2%
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New Hotel Rooms (construction/planned) Triangle
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2566
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Wake County Road System
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2111 miles paved, 96 unpaved
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Triangle Commercial Real Estate
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$1.5b area commercial real estate sales in 2005. $936m in 2004.
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$325m offices, $182m industrial, $775m apartments.
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Wake County Growth (~4% annual)
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11th largest national population increase in 2005 (29,082 residents)
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19th largest national population increase since 2000 (~120,000 new residents)
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70th largest county in the United States
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Raleigh-Cary MSA Unemployment (April 2006)
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3.5%
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Triangle Unemployment (October 2006)
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3.7%
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State Rank in Biotechnology Companies (NC)
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#3
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