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.
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StoneWater is built by Lennar. Price Range: 200k – 450k. Average Price: 315k
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Harmony is built by Pulte. Price Range: 300k-550k. Average Price 375k
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