In this Cary Spotlight Issue…

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🔍 FREE Report of the Estimated Selling Price for Your Home

🏡 Average Home Prices Near Cary, NC

💵 U.S. Trends in Mortgage & Real Estate

😀 Viral Meme

Properties Sold in Cary, NC for Week of 3 Dec 2023 (Data source: Redfin)

There were 20 properties sold in Cary, NC during the past week. Please note that we exclude land sales. Here are a few statistics based on the sales from this past week:

The average price for all properties sold is $675,855.

The average size in square feet for houses sold is 2,422.

The average price per square foot for houses that sold is $279.

The properties are listed from highest SOLD PRICE to lowest:

1. Address: 100 Divot Ln, Cary, NC 27513,
   Sold Price: $1,600,100, Beds: 4, Baths: 2.5, Size: 3515 Sq Ft
   

2. Address: 201 Oxford Creek Rd, Cary, NC 27519,
   Sold Price: $1,295,000, Beds: 5, Baths: 5.0, Size: 4766 Sq Ft
   

3. Address: 317 Baronet Bend Dr, Cary, NC 27513,
   Sold Price: $975,000, Beds: 3, Baths: 3.0, Size: 3116 Sq Ft
   

4. Address: 801 Blackfriars Loop, Cary, NC 27519,
   Sold Price: $795,000, Beds: 3, Baths: 3.0, Size: 2938 Sq Ft
   

5. Address: 420 Sandy Whispers Pl, Cary, NC 27519,
   Sold Price: $781,000, Beds: 5, Baths: 3.0, Size: 3054 Sq Ft
   

6. Address: 538 Oatgrass Ln, Cary, NC 27519,
   Sold Price: $775,000, Beds: 4, Baths: 3.0, Size: 3200 Sq Ft
   

7. Address: 302 Friars Head Ct, Cary, NC 27519,
   Sold Price: $770,000, Beds: 5, Baths: 4.0, Size: 3488 Sq Ft
   

8. Address: 405 Walford Way, Cary, NC 27519,
   Sold Price: $765,000, Beds: 4, Baths: 3.5, Size: 3538 Sq Ft
   

9. Address: 113 Swansboro Dr, Cary, NC 27519,
   Sold Price: $760,000, Beds: 5, Baths: 4.0, Size: 3434 Sq Ft
   

10. Address: 1117 Kingston Ridge Rd, Cary, NC 27511,
    Sold Price: $750,000, Beds: 4, Baths: 2.5, Size: 3370 Sq Ft
    

11. Address: 8023 Windthorn Pl, Cary, NC 27519,
    Sold Price: $533,990, Beds: 3, Baths: 2.5, Size: 1990 Sq Ft
    

12. Address: 938 Market House Way, Cary, NC 27518,
    Sold Price: $530,000, Beds: 3, Baths: 3.0, Size: 1932 Sq Ft
    

13. Address: 408 Willow St, Cary, NC 27511,
    Sold Price: $526,500, Beds: 3, Baths: 2.0, Size: 1635 Sq Ft
    

14. Address: 117 Solstice Cir, Cary, NC 27513,
    Sold Price: $515,000, Beds: 3, Baths: 2.5, Size: 1797 Sq Ft
    

15. Address: 209 Lake Norman Dr, Cary, NC 27519,
    Sold Price: $500,000, Beds: 2, Baths: 2.5, Size: 2499 Sq Ft
    

16. Address: 123 Loch Bend Ln, Cary, NC 27518,
    Sold Price: $412,500, Beds: 3, Baths: 3.0, Size: 2057 Sq Ft
    

17. Address: 211 Honeysuckle Ln, Cary, NC 27513,
    Sold Price: $396,000, Beds: 3, Baths: 1.5, Size: 1038 Sq Ft
    

18. Address: 316 Kinellan Ln, Cary, NC 27519,
    Sold Price: $385,000, Beds: 3, Baths: 3.0, Size: 1879 Sq Ft
    

19. Address: 726 Portstewart Dr, Cary, NC 27519,
    Sold Price: $325,000, Beds: 2, Baths: 2.5, Size: 1427 Sq Ft
    

20. Address: 1201 Broadford Dr, Cary, NC 27511,
    Sold Price: $280,000, Beds: 3, Baths: 1.5, Size: 1265 Sq Ft
    
    
    

FREE Report of the Estimated Selling Price for Your Home!

Median Home Prices Near Cary, NC

U.S. Trends in Mortgage & Real Estate

Here's a summary of the latest information on mortgage rates and real estate market trends in the United States, based on national news stories:

1. Forecasts for 2024: Experts at Realtor.com predict that in 2024, the average mortgage rate will be around 6.8%, with a further decrease to 6.5% by the year’s end. This is a slight improvement compared to the peak rates experienced earlier in the year, which reached as high as 7.79%

   Read Source
   

2. Zillow's Market Predictions for 2024: Zillow economists anticipate that home buyers will have slightly more options and a bit more affordability in 2024. However, they caution that buying a home will remain expensive due to the inventory crunch and mortgage rates reaching 20-year highs in the previous year.​ Read Source

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