Cary NC Real Estate Market Update Feb 2013

Cary NC Real Estate Market Update Feb 2013

If you are considering the sale of your house in Cary, NC in the 27513 Zip code – then you will probably be interested in the Real Estate Market Trends Report for that area.

Market Inventory Trends tell us weather the Buyer has the most negotiating power in a transaction – or the Seller might have the upper hand. Wondering why? Because if there are only 3 homes (for instance) in a desirable part of Cary for sale between $200,000 and $225,000… the Sellers will likely get what they are asking for / price wise.

If there are 28 houses in that same area of Cary, in that price range – well, the Buyer can pretty well “low ball” an offer, and expect some degree of success.

As of February 2013, here’s what the statistics tell us about the 27513 Zip code portion of Cary:

The number of active listings in Cary increased by 2.5% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

The number of sales in December dropped by 84.1% from the previous month.Cary Real Estate trends

If you are considering a home purchase in Raleigh, Cary, Apex (or anywhere in the Triangle Area) we encourage you to work with a professional home buying team!  Call Raleigh Cary Realty, our agents will answer all of your Questions about how to get a DEAL on a home in Raleigh!

Communities in this area include:

About RaleighCary

George Wilson is owner and Broker in Charge of Raleigh Cary Realty, an independent Real Estate firm headquartered in Cary , North Carolina. "In 2008, I was working for a big national Real Estate company. A client of mine who I'd just helped purchase a home two months before got laid off from his job and wanted to quickly list her home. When I charged the client less to help her out, the firm was very upset with my decision. I opened Raleigh Cary Realty shortly thereafter, with a vision that we'd always have the flexibility to do the right thing for our clients, no matter what." -George Wilson

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