Ar_home_b_search
 

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

Homes for sale in Cary NC

 

New listings on the market in Cary NC for the month of May

Homes for sale in Cary NC new to the market last month

 

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


pending home sales in Cary NC last month

Homes that sold in Cary NC during the month of May

closed sales in Cary NC

average days on the market for home sales in Cary NC

 

 

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....

Cary's new homes activity

  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!

permits for new homes in Cary 1st qtr

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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One Solid Rock!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) 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; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest, Knightdale.

Find your Home in the Triangle, NCVisit me on Google+Let's connect on LinkedInJoin us on FaceBookfollow us on TwitterWhat is My Triangle Home Worth?

 

10 Comments on Cary NC Real Estate Market Report - May 2010

JUN
24
2010
634,564 Points 10 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Pam!  It sure looks like Cary is rocking and rolling!  Hope all is well with you guys! :o)

12:15pm • #1
555,524 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

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!

12:22pm • #2
332,124 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Pam and Lee - This is great info for a prospective home buyer either living or relocating to Cary.  Nice job!

9:16pm • #3
555,524 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

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!

9:28pm • #4
1,305,961 Points 314 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

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

11:52pm • #5
JUN
25
2010
1,008,046 Points 208 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

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!

12:05am • #6
1,400,876 Points 109 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

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 :)

7:51am • #7
781,924 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

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.

9:54am • #8
157,938 Points 5 Featured Posts

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

10:15am • #9
733,767 Points 136 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

That's a lot of great information about Cary, NC.  Anyone who wants to do real estate there will probably find this very helpful.

6:25pm • #10

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Lee & Pamela St. Peter Raleigh Realtors® Raleigh North Carolina Homes for sale

Raleigh, NC

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Prudential YSU Realty - (919) 645-2522

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