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Cary Home Sales for September 2011

77 Home Owners Sold/Closed on their home in Cary during September

First…the good news:

• More Homes Sold September 2011 than September 2010 (77 vs 71)
• Less Homes Listed For Sale this Sept vs. last (126 vs 167)
• More Sellers Accepted an Offer this Sept vs last (75 vs 68)

In my experience that’s where many stop in presenting what’s happening in the real estate market, but here at CaryRealEstate.com we strive to present you complete information – information you probably aren’t going to get anywhere else….Information like Are Cary Home Sellers Making or Losing Money When They Sell?

• 31 of the 77  homes sold for LESS than what the owners paid for it (40%)

Let that sink in…. 4 out of 10 Cary home owners that sold their home in September did so for LESS than what they paid for it – real money lost.  While it may sound great to say more homes are selling and the market is showing slow signs of improvement its improvement in the area of homes selling – not what they are selling for.

• Another 11 sold for 4% or less above what the owners paid
• 64 of the 77 Sold for less than tax value

Tipping Point….How Long the Sellers owned the home – all but 1 of the sellers that sold for less than what they paid purchased the home in 2005 or later., those owning the home for longer periods of time benefited from appreciation.  The spreadsheet below is the breakdown of all 77 homes sold in September by subdivision – it shows what the owner paid – how long they owned the home and what they sold it for, net gain or loss.

Bottom line – the GOOD news  with the local Cary Real Estate market is homes are selling!  (Unlike many other parts of the country)  however in order to get the home sold sellers have to position/price the home correctly.   Call us today at 919-386-9101 for assistance in determining a realistic sales price for your home!

* data covers single family detached homes located in Cary – does not include new construction or condos/town homes – both the Triangle MLS and the Wake County Tax records used for data compilation.

Which Zip code in Cary has the most homes for sale?

The highest priced homes?

Cary 27511          200 homes for sale Average list price:     $280,000

Cary 27513          242 homes for sale Average list price:     $317,000

Cary 27518          176 homes for sale Average list price:     $532,000

Cary 27519          342 homes for sale Average list price:     $378,000

Report Date:  October 24, 2011

Zip code 27539 which is primarily apex has a few neighborhoods in the Cary town limits – currently 20 homes for sale in Cary with zip code 27539 – average asking price $550,000

• What’s the highest priced home in Cary?:       2604 Chelmsford in the Birklands at $4,499,000

• Zipcode 27518 has the most homes for sale at 1 million or above with 13 homes for sale

Search all homes for sale by zip code:

Homes For Sale in Cary zipcode 27511

Homes For Sale in Cary Zipcode 27513

Homes For Sale in Cary Zipcode 27518

Homes For Sale in Cary Zipcode 27519

Homes For Sale in zip code 27539

MLS# 1806943

111 Grey Horse Drive  Cary, NC 27513

Preston Subdivision

Click Photo or Address for complete property details.

124 Highclere Lane  Cary, NC 27518

Renaissance at Regency

MLS # 1806822

$850,000

Click Photo or Address for full photos and details

CUSTOM BUILT HOME! GOURMET KITCHEN w/Stainless Steel,Granite,Huge Center Island,Walk-in Pantry;BUTLERS PANTRY;Frml LR & DR;Fam Rm w/Coffered Ceiling & gas FP;1st FLOOR MASTER w/2nd FP,Jacuzzi tub,HUGE tile surr walk-in shower,WIC;TEEN SUITE w/2 WIC;BONUS;GALLERY w/2 skylights;Lots of built-in shelves;HARDWOODS most of 1st fl;Covered VERANDA,FENCED Back Yard;Move-in Ready!

119 Parkcrest Drive in Cary’s Westpark – Home For Sale by CaryRealEstate.com

Call David with CaryRealEstate.com at 919-386-9101 to schedule a showing or for more information

Westpark Subdivision located in West Cary means Cary’s/Wake County’s TOP schools of Davis Drive Elementary, Davis Drive Middle & Green Hope High * Westpark is close to Research Triangle Park and RDU Airport * Developer left many of the trees which provides Wooded, private lots with home built by local custom builders * Westpark offers some of the best amenities available including: Walking Trails throughout the neighborhood that also connect with the Town of Cary Greenway Trail system leading to town parks and other outdoor points of interest. Neighborhood Pool & pool clubhouse, 2 Tennis courts ,3 Ponds, Gazebo’s and park benches, large Playground and basketball court. The home at 119 Parkcrest offers Four large Bedrooms all on second floor + Sunroom with tile floor, cathedral ceiling with skylights * 1st Floor Office/den * Finished 3rd Floor Bonus/recreation room with built in cabinets, tile counter top area perfect for homework, arts/crafts etc, uner cabinet refrigerator and sink. 3rd floor has several windows and skylights, does not feel like a finished attic at all and measures 33 feet by 11 feet plus alcove areas * A professional artist has Painted Several Fun Murals in the home, including a full wall baseball theme in one bedroom, a nursery rhyme theme in another bedroom and a fun collection on the third floor. Home has been Pre-Inspected by a NC licensed home inspector as a pro-active step. Lots of work went into creating the garden/park type feel of the landscaping, entertaining outdoors is enhanced by the sunroom leading out onto the 22 feet x 16 feet deck and 13 feet x 12 feet patio area * Many recent Upgrades *At 325,000 for 2,750 finished square feet it’s the Best Price Per Square Foot in WestPark

• $325,000
  
• 4 Bedrooms
• 1st Floor Office
• Finished 3rd Floor Recreation Room complete with skylights, built-in shelves, bar/crafts area, sink and under counter fridge
• All Hardwoods 1st Floor except sun-room
• Sun-room with Skylights and cathedral ceiling
• Top Wake County schools
• Westpark neighborhood offers walking trails that connect to Cary’s greenway system, pool, tennis, basketball, lakes, & play ground area

backyard as seen from upstairs window

Westpark offers extensive walking trails...connecting to Town of Cary's Greenway system

Cary, NC has added another national designation to its long lists of awards – Cary has been deemed ‘Walk Friendly‘ by Walk Friendly Communities, a national recognition program recognizing communities working to improve a wide range of conditions related to walking, including safety, mobility, access, and comfort.

When I first saw the news about Cary being ‘walk friendly’ I paused….mainly because I’m used to seeing walkscore ratings – walkscore is a service used to rate how convenient it is to walk from a given house to parks,restaurants, employment etc – and while Cary is a great place to live it’s a town where the average resident gets in their car to drive to work or eat etc.

Turns out that walking from your house to a restaurant is not the type of walk friendly environment they were assessing.  Cary earned the recognition for excelling at providing  walking trails between communities, parks, schools called the Cary Greenway System.

When was the last time you checked out one of Cary’s greenway trails?

Wake County Parade of Homes

The Annual Wake County Parade of Homes has been a fall tradition for almost 50 years for wake county’s builders to showcase their talents.  Every fall builders enter new homes to be judged by the home builders association and open up the homes for the public to enjoy for three consecutive weekends. Many people enjoy browsing through the new homes – if you’re considering purchasing a parade home, or any new home don’t forget it’s a great idea to have buyer representation – contact David Williams at 919-386-9101 for details.

2011 Wake County Parade of Homes    October   1st -2nd     7th-9th     14-16th   Times:  12 – 5

Cary's Most Expensive Home in 2011 Parade of Homes 105 Hoy Court in Macgregor Downs

Cary has 35 homes featured in this years Parade of Homes.

Copperleaf has the most homes featured in any subdivision with 5 entries and Cary’s most expensive home in this years Parade of Homes is $2,480,00 located at 105 Hoy Court in Cary’s Macgregor Downs.    (If you are familiar with Cary the you know Macgregor Downs is a very established neighborhood – this new home is one of a growing trend to tear down the older home and build a new home on the large wooded lots in Macgregor Downs).  Average price of Cary homes for sale in the Wake County Parade of Homes is $588,632.

To make it easy for you the team at CaryRealEstate.com created a google map showing all Cary Parade  Homes

View Cary Homes in 2011 Wake County Parade of Homes in a larger map

Not all of the homes in the Parade of Homes are actively for sale – here is the list of all Parade of Homes in Cary actively for sale

Yes – There’s an APP for that – download the Wake County Parade of Homes App or search Wake County Parade of Homes from your phone’s APP store

For the spreadsheet types…below is a breakdown of all Cary homes in this years Parade by subdivision.

Subdivisions in Cary with Homes in the 2011 Parade of Homes

Bellemont

Cameron Pond

Coles Creek

Copperleaf

Enclave at Stone Creek Village

Evans Farm

Green Level Crossing

Greyhawk Landing

Highcroft Village

Hilliard Forest

Hortons Creek

Macgregor Downs

105 Hoy Court     $2,480,000

Phillips Place

Renaissance at Regency Cottages

Renaissance Manors at Regency

The Park at Westlake

The Townes at StonewaterVillage Square at Amberly

Waterford Estates

Weldon Ridge Grove

Weston Manor

Weycroft

Town of Cary  Fourth of July Fireworks have been rescheduled for Tuesday July 5th at the normal Koka Booth Amphitheater location – gates will open at 7pm with fireworks at 9pm. The NC Symphony will not be playing.

CaryRealEstate.com reports The annual town of Cary fireworks were canceled when rain and thunderstorms fell on the Koka Booth Amphitheater at Cary’s Regency Park monday night.

Smoke from NC wildfires impacts Town of Cary outdoor activities

The Town of Cary has canceled all outdoor sports programs and activities, including softball, baseball, sand volleyball and tennis, for tonight due to smoky skies and low air quality as defined by the North Carolina Department of Environment and Natural Resources.  Programs and activities scheduled for tomorrow morning and afternoon will be held as scheduled since they can be moved indoors as needed. Participants will be contacted directly in the event of a cancellation. A decision regarding tomorrow evening’s parks, recreation and cultural resources outdoor programs that begin after 5 p.m. will be made by 3 p.m.  Athletic program cancellations will be listed at (919) 319-4500 or visit games.townofcary.org.