Cary Real Estate Market Conditions & Reports, Cary Market Trends, North Carolina

Market Commentary Provided by George Wilson

Report Date

Fall 2009

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Any Single Family Townhome/Condo
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CONNECT WITH A LOCAL PROFESSIONAL

George Wilson
Raleigh Cary Realty
Cary, North Carolina
919-772-5614
Homes@GeorgeWilson.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Cary is

Seller Activity for the past 90 days in Cary is

Is Financing Available For Qualified Buyers in Cary?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$175,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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