CaryRealEstate.com | Cary NC | Local Specialist for Cary Real Estate
Archive for the 'Cary Market Stats' Category
Cary Real Estate Market Update: February 2010
February Home Sales and Listings Report for Cary, North Carolina
Cary Real Estate Market Update - February 2010
| Category | # of Homes | Avg Price | Avg Days on Market | Avg Price Per Sqft | Avg Size |
|---|---|---|---|---|---|
| Homes For Sale - End of Feb | 801 | $441,331 | 116 | $139.09 | 3,061 |
| New Listings | 227 | $415,271 | 13 | $134.58 | 2,953 |
| Homes Under Contract | 107 | $377,348 | 87 | $128.05 | 2,758 |
| Homes that Closed | 70 | $332,421 | 104 | $123.78 | 2,650 |
Market Data reflects Single Family Detached Homes with a Cary address – not condos and townhomes – CaryRealEstate.com pulls data from the Triangle MLS
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Cary’s Top Selling Neighborhoods – January 2010
The Cary Real Estate Market had almost 100 homes go under contract in January – Which neighborhoods sold the most homes?
1. Greystone: 7 Homes Under Contract in January
1. StoneWater: 7 Homes Under Contract in January
3. Harmony: 5 Homes Under Contract in January
What do these neighborhoods have in common? All in West Cary – Priced between $200,000 and $600,000 – All New Construction! That’s right 18 of the 19 home sales in these 3 neighborhoods were new construction! So while the number of homes being built and sold are down from 2006 record numbers, new construction is still alive in Cary North Carolina! Almost 1 out of every 2 homes that went under contract in January was New Construction!!!
More About the 3 Neighborhoods:
Greystone is built by M/I Homes. Price Range: 300k – 500k. Average Price: 360k.
Search Greystone Homes For Sale
StoneWater is built by Lennar. Price Range: 200k – 450k. Average Price: 315k
Search Stonewater Homes For Sale
Harmony is built by Pulte. Price Range: 300k-550k. Average Price 375k
Search Harmony Homes For Sale
Cary Real Estate Market Report – January 2010
The Cary Real Estate Market in January showed definite signs of improvement from a stabilization standpoint. Compared to this time last year, the number of homes for sale are down while the number of home sales and closings are up. The average sales price is down roughly $20,000.
Total # Cary Homes For Sale as of January 31, 2010: 739
Cary Homes For Sale at the end of January past 5 years
Number of New Listings – Cary Homes For Sale – January 2010: 244
New Listings in January of Cary Homes For Sale Previous 5 Years
Cary Homes For Sale that went Under Contract – January 2010: 94
Number of Homes Under Contract in January Past 5 Years
Closed Cary Home Sales Report – January 2010: 71 Homes Closed
Cary January Closings Data Compared to Previous 5 years
Curious what we mean by Cary Home Sales and where our data comes from?
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Cary NC Homes For Sale: 2009 Average Days on Market Report
Cary North Carolina Home Sellers experienced a fairly stable average number of days on the market for 2009 – for the year the average was 121 days on market – or approximately 4 months.
While this is a bit longer than years past it’s still a very robust market – especially compared to other parts of the country. It’s still crucial to price your home correctly in the beginning – research clearly shows that homes priced correctly initially sale faster and at a much higher % of asking price than sellers that choose to overprice and then take price reductions over time – those home sellers experience a longer time on the market and usually end up selling for less than they could have if priced correctly at the beginning.
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Cary Home Sales & Garages – Where’s Everybody Parking?
CaryRealEstate.com looks at Cary’s 2009 home sales numbers & Garage Size
Total Cary Homes Sold 2009 - 1,384
The numbers tell us the average home in Cary has a 2 Car Garage - driving around the Town would confirm that as well. As you can see homes with a 4 car garage are rare but they do exist - Search Cary Homes For Sale with 4 Car Garages
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
CaryRealEstate.com defines ‘Cary Home Sales’
When CaryRealEstate.com says ___________ about home sales in Cary what does that represent? where does the info come from?
This post is intended to be a reference anytime we use the term Cary Home Sales or Homes in Cary.
You would think this is fairly straight forward but there are lots of variables – you can always contact CaryRealEstate.com with any questions regarding our data!
“Cary” : This represents any home with Cary listed as the town in the Realtor MLS system. It includes homes with a ‘Cary’ mailing address that are not located in Cary’s town limits (yes that’s possible). It’s also possible for a home to be in the Cary town limits but have a mailing address other than Cary – (due to which post office delivers the mail). If the information is entered into the MLS system probably it should pick these homes up.
“Home” : We are referring to a single family detached home – which is a normal home – this DOES NOT include condos or town-homes – we track those numbers separately.
Source: Unless otherwise noted we pull our numbers from the Realtor’s Triangle Multiple Listing Service – we have access to a tremendous amount of information – which we download into an excel spreadsheet to extrapolate the info we are looking for – yes we are putting in the time to know the Cary Real Estate Market! The articles we write are not boiler plate nor computer generated.
Note: There is a section of our site that does provide computer generated reports – you can sign up to receive these FREE Cary Real Estate Market Reports.
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Show Me the Money – Cary’s Most Expensive Home Sales 2009
Cary had 9 luxury homes purchased in 2009 for over One Million Dollars – this is down almost 50% from 2008’s numbers of 16 homes sold over one million - Compare this with the 29 Luxury Homes for Sale in Cary priced above one million and it’s easy to see the luxury home market at the high end is a buyers market – with several years of inventory available based on current supply and demand.
Cary 2009 Home Sales – Above One Million
2008 Cary Luxury Homes Sold Over One Million: 16
2007 Cary Luxury Homes Sold Over One Million: 14
2006 Cary Luxury Homes Sold Over One Million: 7
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Cary’s Regency Luxury Homes – Spotlight Video
Cary’s Prestigious Regency Community – home to 4 of the 9 homes in Cary that sold for above one million dollars this year.
">
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Cary’s Copperleaf Community New Homes Sales for 2009
Copperleaf in Cary – 17 New Home Sales in 2009 – Cary’s Top Selling Luxury New Home Community
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
Ask Cary Real Estate: Does Anyone Buy or Sell their Home in December?
I’m often asked, “what happens to Cary real estate activity in December?”
Does anyone really buy 
or sell a home during December? There are certainly advantages to moving during the holidays – most people have extra time off & the timing can work for school changes. Most of the time people assume that real estate comes to a complete stop during the holidays – not true for us here at CaryRealEstate.com, we have several home sellers getting ready to place their home on the market and we have a family moving back to the Cary area that will be in town Sunday, December 27th to buy!
The short answer: YES – people are still buying and selling homes in Cary during the month of December – here are the numbers for cary real estate activity for December, as of Dec 21st.
Total Homes* For Sale in Cary: 752
Homes in Cary that Have Closed this Month: 67
Homes in Cary that have gone under contract in December: 60
Homes in Cary Listed For Sale in December: 86
As you can see, real estate does not stop for the holidays!
* ‘Homes’ in the above numbers refers to single family detached homes – it does not include condos and townhomes.
Thanks for Reading our Cary Real Estate Blog. Post Authored By: David Williams
David’s a Licensed North Carolina Realtor & The Voice of CaryRealEstate.com
