Colony Woods is a quiet East Chapel Hill neighborhood that is located in a great part of the town - walking distance to Ephesus Elementary. It's East Chapel Hill location is great because it is central to both Chapel Hill and Durham (only 10 minutes to UNC and 15 to Duke), but it is within a great Chapel Hill school district.
Homes in Colony Woods were generally built in the 1960's - 1970's. Lots in Briarcliff are between .25 and .6 acres. Architectural styles are varied, but generally consist of traditional 2 story, split level and ranch homes. Colony Woods has mature landscaping, and its residents tend to take great care of their homes and yards. Many homes have been updated and remodelled recently.
Colony Woods offers both great value and great location!
Colony Woods Statistics from the Triangle Multiple List Service
In 2006, 12 houses were sold in Colony Woods. Of these, the average house was a 1905 square foot, 3 bedroom 2 bath home selling for $270,058. Average time on market was 35 days, far below the Chapel Hill market average of 60 days.
Orange County Statistics
In 2006, 687 homes were sold in Chapel Hill. Of these, the average house was a 2593 square foot, 3 bedroom 2 bath home selling for $440,795. Average time on market was 60 days.