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Cary Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Cary home sales for the month of February rose in volume by 5.9% when compared to last year, while the median sale price decreased by 13.8% from $207,000 to $178,500. The number of Single Family homes sales decreased by 33.3%, while the median sale price rose by 3.4% from $205,000 to $212,000. Condo/townhome sales rose by 300%, while the median sale price decreased by 36.5% from $249,000 to $158,000.

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Median Sale Prices for Cary

220k
194k
245k
207k
212k
261k
285k
240k
241k
245k
233k
265k
249k
180k
222k
178k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Cary

37
21
13
17
31
35
41
51
44
43
36
31
30
35
18
18
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Cary

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 17 18 +5.9% 32 36 +12.5%
(Single Family) 15 10 -33.3% 27 22 -18.5%
(Condos/Townhomes) 2 8 +300% 5 14 +180%
Median Sale Price $207,000 $178,500 -13.8% $220,500 $200,500 -9.1%
(Single Family) $205,000 $212,000 +3.4% $237,000 $231,500 -2.3%
(Condos/Townhomes) $249,000 $158,000 -36.5% $158,000 $166,500 +5.4%
Days on Market 60 37 -39.2% 68 32 -53.7%
(Single Family) 72 45 -38.2% 77 40 -48.7%
(Condos/Townhomes) 15 15 +3.4% 33 15 -56.1%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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