are you wondering where to live to be near apple's north carolina campus
well on today's video we're going to break it all down for you up next
hi this is chris morton real estate broker with exp realty in raleigh north carolina and since
we filmed our videos about apple coming to the raleigh north carolina area we've been absolutely
inundated with people they've asked where do they need to live to be inside the silicon circle
and to be close to the apple campus and so on today's video we're going to break down
all the different cities that make up the silicon circle
to give you better information about where would be the best place for you to move next
but first we should probably explain what is the silicon circle well it's a term that tanner and
i invented to describe the area that's about a 20-minute drive from apple's future campus
we believe that this area this 20-minute round circle is going to be the hottest housing market
in the raleigh durham chapel hill triangle area for many many years to come because so many
people are going to come there apple's going to be there and many many other companies are
going to be there that aren't even there right now much less the ones that are there right now
so the silicon circle is made up of obviously the research triangle park which is by the way for
those who don't know an industrial tech complex that was created by the state of north carolina to
encourage companies to come build a headquarters there and be sort of a growth area for innovation
technology et cetera et cetera ibm cisco net app pfizer among many many other companies
and of course apple soon to be are going to be or are in this area so it is literally the who's who
of tech pharmaceutical on and on and on in the united states so what cities make up the silicon
circle well morrisville northwest raleigh southern durham apex and cary make up the silicon circle
also on the periphery you'll have chapel hill and north raleigh we're really not counting those
because i think the drive time although right now is within like 25 30 minutes of apple's campus
we predict that before too long that's going to be a 45 minute drive and will really be pretty
prohibitive of anyone wanting to live in those two areas to be able to get down to apple silicon
circle and the research triangle park so let's break down the different cities that make up the
silicon circle we're going to start with northwest raleigh and northwest raleigh basically is that
part of raleigh that is west of creedmore road the main landmark that you're going to see in this
northwest raleigh area is brier creek it is a country club shopping center and housing
development megaplex we'll talk more about that when we talk about shopping in this area
but it really dominates this area and takes up a good bit of the square footage there are also many
neighborhoods running along leesville road that's in this area and the one thing you need to know
about this particular part of raleigh is it's in the flight path of rdu international airport
it's very very positive in that you can be to the airport in five to ten minutes but the negative is
you've got to get used to planes going overhead i can remember showing houses in this section
many years ago and actually many weeks ago for that matter and you can literally see
the planes go over your head and you can read the numbers of the plane that's oh that's american
airlines flight 552. i mean literally you can do that but from what i gather people get used to it
they love the convenience of it and it is a really great place to live this area on a very positive
note is one of the least expensive parts of the silicon circle you're going to be able to get a
home here for a pretty decent value and that goes for both home owners home buyers and investors
alike the other major landmark of northwest raleigh is umstead park which is a gigantic
public park with hiking trails canoeing just about anything you want to do to become one with nature
um one with nature you can do at umstead park and this is very very close to airport very
very close to briar creek and of course close to leesville road the other big landmark in this area
is the angus barn which is a landmark restaurant that's been around for about 350 years in raleigh
give or take 320 years or so it's been around since like 1960 something i think anyway great
restaurant steakhouse primarily although they have some great seafood it's very rustic but the
staff is amazingly professional great place to go if you're going for a special event
or to take and impress a business associate and beyond the fact that they make great steaks and
seafood they also make great burgers we did a video series a while back where we had 51
different burgers and after trying 51 different burgers you kind of get to be an expert on them
and guess what the angus barn burger ranked number two out of the 51 so highly recommend it you need
to go give them a try it is a gigantic burger you got to try it for yourself as far as housing goes
you're going to see generally 1990s through 2010 homes in this area around leesville road briar
creek that sort of thing although there has been some new home developments popping up around briar
creek so you can find those and again as we said this area represents a great value because of that
flight path for both investors and home buyers and in the past two months single-family homes
in this area have gone for between 253 000 and 1.13 million with the median list price at 450 000
and the median sales price at 465 000. townhomes in this area in the last two months have sold from
between 186 000 and 440 thousand median list price for townhomes in this area have been 265
000 with median sales price for townhomes at 276 000. as far as shopping goes in northwest raleigh
again briar creek is the landmark here with tons of chain stores and restaurants as well as some
mom and pop stores and restaurants in this area really great landmark really great place if you
live around northwest raleigh or if you don't it's a really easy drive in on 540 you can be
to this area really really quickly from most of raleigh as well as most of the silicon circle as
well brennan station in creedmore road is sorta in this area great great shopping complex with a
gym restaurants really good restaurant named margeaux's is in this complex on and on and
on harris teeter grocery store etc you get the idea that's pretty close to here as well crabtree
valley mall is the major mall in raleigh and that is like a 15 minute drive from northwest raleigh
so although not in the northwest raleigh area crabtree is definitely somewhere that you can
get to pretty easily next up is morrisville north carolina and for quite a while morrisville was
not a place someone would want to live it's in a very industrial area of course the airport is
there so you can imagine there's lots of like delivery companies that are around that area
so for a long long time this was not developed for residential eventually because people really
wanted to be close to rtp and now the silicon circle housing has developed up in this area
quite a bit now you're not going to find very much luxury properties in this area although there's a
little bit but this is really an area that's very popular with apartments townhomes smaller homes
starter homes that sort of thing the main landmark of morrisville is lake crabtree which is a very
large lake with canoeing opportunities hiking that sort of thing great opportunity to become as well
one with nature also you're going to notice if you're out on lake crabtree that you see some
corporations in rtp that have their headquarters facing the lake it's a imagine it's got to be
a great view for them so this is a great place to go and you oftentimes see people hanging out
around lake crabtree especially on the weekends in regards to housing in morrisville again as we said
this is going to be an area you're going to see apartments single-family homes are
on the smaller side townhomes that sort of thing and in the past two months the range
of single-family homes has been between three hundred and forty thousand and nine hundred and
seventy one thousand the median list price in this area was four hundred and ninety thousand
and the median sold price in the last two months was five hundred and ten thousand townhomes in
this area in the last two months have sold between 220 and 470 thousand dollars the median list price
for townhome in the last two months in this area was 317 000 with the median sold price 327 000
shopping in this area just like with housing is fairly new you have park west village and
parkside town commons again pretty new complexes really really big really really nice and great
opportunity for people living in morrisville to go get their groceries shopping done all that sort of
stuff as far as grocery stores go morrisville has just as much as everybody else with target
harris teeter food lion a wegmans and on and on and on as far as restaurants go morrisville is
pretty unique in that because it's in the rtp area you're getting a ton of people in from all over
the country and all over the world which means the food scene in morrisville is really really
diverse the restaurant seen in morrisville goes from everything from chain restaurants to hole in
the wall restaurants to all kinds of ethnic food highly recommended in fact people from all over
the triangle come to morrisville for the grub one of the great things about morrisville and why it
is such a hot popular place to live inside the silicon circle is that it is centrally located
you can be to durham raleigh cary chapel hill or just about anywhere else in the area in 5
10 15 minutes so it's really in hot demand and we predict it's going to be an even
hotter demand in the future next up is the city of cary north carolina cary is the most
in demand city to live in in the silicon circle mainly because it's always had a great reputation
cary originally was a really small town but when research triangle park was created
and ibm came it grew and grew and grew so now it has a tremendous quality of life and again
in huge demand from people coming in from the outside they've heard about it they know how
awesome it is and they want to live there beyond being a great place to be cary is a great place
to drive around because it started out as such a small town and has grown and grown and grown
the city planners had the opportunity to really draw out the new roads that came
and make them very easy to navigate much easier to navigate than say raleigh which
is a cluster in and of itself carry easy to get around easy to go places and that's i
guess why everybody's so happy that lives there as far as housing goes cary has a little bit of
everything you're going to find apartments smaller entry-level homes town homes split levels all the
way up to great great mansions it pretty much has everything you could imagine planned communities
the whole nine yards there's still a little bit of new construction going on in cary but quite
frankly most of cary has been built out so if you want to move to cary you're looking generally at a
resale home single family homes in the last couple months in cary have sold from between 215 000 all
the way up to 2.55 million dollars with the median list price of a single family home in the last two
months cary being at 460 000 where the median sales price has been at 475 000. townhomes over
the last two months have sold between 156 thousand and 816 000. median list price for townhomes over
the last two months has been 347 000 whereas the median sales price for townhome over the last two
months has been 357 000 as far as shopping goes cary has just about everything although there's
no longer a inside mall where you walk around it's now been bought by epic games and it's
going to be their corporate headquarters there still is quite a bit of shopping in cary there's
crossroads plaza waverly place shops all up and down harrison avenue as well as a really cool and
burgeoning downtown area of cary that has really seen a revival in the last couple years grocery
stores in cary just about like you would expect everywhere else in the triangle area you're going
to have wegmans you're gonna have aldi lidl harris teeter food lion publix whole foods fresh market
trader joe's and the grand asia market which is an incredible asian grocery store where you can get
just about everything you can imagine definitely worth a visit if you find yourself hunting around
and looking around cary north carolina as far as restaurants go cary is very much like morrisville
very diverse so you're going to get a wide swath of different kinds of restaurants
from ethnic foods all the way to hole in the walls you're really going to find a lot of local
independent restaurants in cary definitely worth a trip even if you don't live in cary and you're
from like say north raleigh definitely worth going to carry to check out the food scene next up let's
talk about apex north carolina so apex is just southwest of cary a good bit of apex is actually
not in the silicon circle but it's a fairly easy commute into rtp so we want to talk about it
as well has a wonderful downtown area really lively downtown burgeoning scene as well just
like cary's downtown and a really fun place to be as far as housing goes in apex single family homes
over the last two months have sold between 224 000 and 1.16 million dollars median list price for
homes have been 495 000 where median sales price over the last two months has been five hundred
and five thousand dollars town homes in apex have sold between two hundred and twenty thousand and
four hundred and forty thousand dollars over the last two months median list price for townhomes
and apex has been 330 000 over the last couple months and median sales price has been 335 000.
as far as shopping goes in apex there are no malls in apex but there are a good number of shopping
centers and because of its close proximity to carry people from apex generally go into cary
to take part in all the stuff that's going on there's like waverly place or crossroads plaza
grocery stores and apex again just like you imagine everywhere else lidl aldi walmart grocery
store harris teeter publix and all the rest as far as restaurants go on apex there's a good number of
restaurants there from the chain stop all the way to the independent definitely some stuff
downtown you want to try apex wings is one that i would recommend you go try one of the best wing
joints around totally worth your trip no matter where you're coming from to go try apex wings
and beyond that again just a ton of good restaurants in apex if you live there you
know what i'm talking about the next part of the silicon circle we want to talk about
is the southern part of durham so durham is the second largest city in the triangle behind raleigh
and the southern half of durham is very close to rtp and most certainly in the silicon circle
durham is a really nice city with lots to do of course the landmark in durham is duke university
and the duke university medical center so as you can imagine durham has lots of good medicine
as far as housing goes you can get just about anything you can imagine in the southern part
of durham from apartments to small single family homes townhomes all the way up to mega mansions
in the past two months single-family homes have sold between 82 000 and 3.5 million in southern
durham median list price for a home over the last two months in southern durham was 345 000
and the median sales price was 345 000. townhomes in southern durham have sold between 145 and 515
000 over the last two months with the median list price at 265 000 and the median sales price at 275
000. as far as shopping goes in southern durham well there's only one thing you need to really
know and that's streets at southpoint although there's lots of little strip malls and shopping
centers in southern durham the big landmark is the streets at south point which is one of the two
mega malls in our area we've already talked about crabtree valley mall in raleigh earlier streets
of south point has chain stores and amazing chain restaurants just about anything you could imagine
is in this mall as far as restaurants go again we're talking streets at southpoint although
there's lots of different kinds of restaurants in the area southpoint is the landmark and
you're going to find some pretty major chain restaurants like cheesecake factory firebirds
ruth's chris on and on and on in this area and beyond southpoint you're going to find just about
any kind of little mom and pop restaurant you can imagine in the southern durham area from ethnic
food southern barbecue on and on and on as well as your chain restaurant sub shops burger joints
that kind of thing so there you have it hopefully this has been some good information for you about
the cities that make up the silicon circle if you've got any questions about buying a home
in the silicon circle you can definitely email us at info@themortongroup.com we'd be happy to help
and with that being said please like and subscribe below we'll see you on the next one take care bye