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Cary Real Estate Market Update: February 2010

David Williams — Wed, 03 Mar 2010 02:59:32 +0000

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 Real Estate Market Report – January 2010

David Williams — Wed, 03 Feb 2010 23:18:43 +0000

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

David Williams — Wed, 20 Jan 2010 00:13:09 +0000

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