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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Cary. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 919-491-HOME
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| Average Home Price | $275,000 - View Graph Trend |
| Average Price Compared to Last Year | No Change |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $250,000 - $299,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Cary is | Increasing |
| Seller Activity for the past 90 days in Cary is? | Increasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Cary! Cary is continually on the Best Places to Live charts with dozens of kudos received every year! The entire Research Triangle Park area (Raleigh/Cary/Durham/Chapel Hill) is a wonderful place to live, play and work! Call me at 919-491-4663 for your relocation kit! |
| Nearest Metro Area | Raleigh |
| Housing Hot Spots | Most cities within the Wake County area are considered 'Housing Hotspots' |
| Average Sold Price | $275,000 - View Graph Trend |
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Top Agent
HouseHunt, Inc.
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