Ahh, Cary real estate... One of the best kept secrets it seems in the nation! But with all the attention Cary has been getting and with the influx of people relocating to the Triangle, it won't stay a secret for long!
As a matter of fact the Triangle Business Journal just recently reported Cary’s population grew almost 6 percent in the past year with a population estimate of 136,600 in 2009. It ranked at No. 179 in country. Now that's growth!
Below is how homes for sale in Cary NC (which is located in Wake County) did in the month of May. Remember this report is for detached homes as reported in our TMLS (* Triangle Multiple Listing Service)
Homes for sale in Cary NC during the month of May
Take a look at the homes for sale in Cary NC that just came on the market in May
(sorted by subdivisions)
Homes in Cary NC that went under contract (pending) during the month of May
Homes that sold in Cary NC during the month of May
As it is with probably most markets - price it right the first time and you'll get a much better response from the market.
The graph to the left indicates the average days on the market (cumulative) over the past 3 months in Cary. Pretty hefty dropped in May...
Let's look further into another topic that isn't included in the reports above, and that's the NEW HOMES being built in Cary NC and how they did in the 1st quarter of this year....
courtesy of
Stacey Anfindsen and WWW.TARREPORT.COM.
Also thanks to Stacey and the T.A.R.R. Report here's a graph showing the permits pulled doing the 1st quarter of this year compared to last. Looks like Cary is going to start seeing those lots get built on this year!! An 86% increase in permits pulled!! Wow!
Cary NC continues to be one of the most popular areas here in the Triangle. It's actually one of the top relocation areas in North Carolina. If you're buying a home in Cary you'll find the diverse housing opportunities a delight! And I'd love an opportunity to discuss all that Cary Real Estate has to offer.
If you're considering a move to the Triangle, Cary real estate is definitely worth checking out... Call us we'll introduce you!
Now if you considering selling a home in Cary NC call us - let's chat. It's what we love to do - sell homes in Cary!
*Any reference to TMLS data is based on information from Triangle MLS, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Triangle MLS may not reflect all real estate activity in the market.
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About the author: Pamela is a Realtor in Raleigh NC with The St. Peter HomeSelling Team at Prudential YSU Realty serving the Raleigh NC (Triangle & Wake County) area.
"We are a team of passionate North Carolina Real Estate Brokers dedicated to connecting our clients to success in home buying and home selling in the Triangle." Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.
For all your Wake County real estate needs The St. Peter HomeSelling Team serves the following areas in Wake County; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest, Knightdale.
Hi Pam! It sure looks like Cary is rocking and rolling! Hope all is well with you guys! :o)
Ann, Cary NC is bustling for sure! We've been great ~ very busy! I just hate not getting to spend as much time here on AR as I'd like! Thanks for stopping by!
Pam and Lee - This is great info for a prospective home buyer either living or relocating to Cary. Nice job!
Thanks for the kind words Nevin! Cary has so much going on these days doesn't it? I'm sure you get a lot of mortgage inquiries too!
Pamela - a great summary of the housing market for Cary. Sounds like a pretty vibrant community. I like the link you have to your Cary community report. Just the kind of stuff folks want to know.
Jeff
Hey girl! So glad to see and hear that you're doing great right now! It's been booming here too but, we recently had a MAJOR slow-down. I don't attribute it to the end of the tax credit incentive but, not quite sure what the cause is. Hopefully it's just the end of the school year/vacation, normal slow down!
Have a fabulous Friday!
6% population growth is wonderful for the area. Market reports are such a great thing to do for both buyers and sellers.
McCurtain County and Choctaw County Oklahoma have a fairly stable population, not much change except in the summer when the tourists land at the lakes :)
As usual Pam your reporting of the Cary NC Real Estate market is right on que. I am sure everyone in your area appreciates the updates.
Hey Pam,
It's interesting to see the figures on you New Homes market. This is great information you provide for you clients. It shows that you are really on top of your game.
Have another great day
Leander
That's a lot of great information about Cary, NC. Anyone who wants to do real estate there will probably find this very helpful.