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

💡 Right Step Home Inspections: Redefining Quality in Property Assessment

💵 U.S. Trends in Mortgage & Real Estate

😀 Viral Meme

Properties Sold in Cary, NC for Week of 10 Dec 2023 (Data source: Redfin)

Property Type: Single Family Residential.

There were 14 properties sold in Cary, NC during the past week. Please note that we exclude land sales and townhouses. Here are a few statistics based on the sales from this past week:

The average price for all properties sold is $695,389.

The average size in square feet for houses sold is 2,750.

The average price per square foot for houses that sold is $248.

The properties are listed from highest SOLD PRICE to lowest:

1. Address: 214 Turquoise Creek Dr, Sold Price: $1,700,000.00, Beds: 5, Baths: 4.5, Size: 4607 sqft
   

2. Address: 288 Beckingham Loop, Sold Price: $846,000.00, Beds: 3, Baths: 2.5, Size: 2791 sqft
   

3. Address: 2145 Bluff Oak Dr, Sold Price: $790,000.00, Beds: 4, Baths: 2.5, Size: 3190 sqft
   

4. Address: 117 Livingstone Dr, Sold Price: $773,000.00, Beds: 3, Baths: 3.5, Size: 3028 sqft
   

5. Address: 610 Winter Breeze Ct, Sold Price: $650,000.00, Beds: 4, Baths: 3.0, Size: 2821 sqft
   

6. Address: 105 Water Leaf Ln, Sold Price: $643,250.00, Beds: 3, Baths: 2.5, Size: 2660 sqft
   

7. Address: 1528 Onyx Creek Dr, Sold Price: $600,000.00, Beds: 3, Baths: 2.5, Size: 2961 sqft
   

8. Address: 101 Chaparral Ct, Sold Price: $595,000.00, Beds: 3, Baths: 2.5, Size: 2482 sqft
   

9. Address: 228 Muir Brook Pl, Sold Price: $555,000.00, Beds: 3, Baths: 2.0, Size: 2585 sqft
   

10. Address: 1000 Cindy St, Sold Price: $535,200.00, Beds: 5, Baths: 3.0, Size: 3176 sqft
    

11. Address: 105 Kirkfield Dr, Sold Price: $533,000.00, Beds: 3, Baths: 2.5, Size: 1918 sqft
    

12. Address: 104 Wigan Cir, Sold Price: $515,000.00, Beds: 5, Baths: 2.0, Size: 2080 sqft
    

13. Address: 216 Kirkfield Dr, Sold Price: $501,000.00, Beds: 3, Baths: 2.5, Size: 1966 sqft
    

14. Address: 101 Leckford Way, Sold Price: $499,000.00, Beds: 3, Baths: 2.5, Size: 2233 sqft
    

FREE Report of the Estimated Selling Price for Your Home!

Median Home Prices Near Cary, NC

If you need pricing in specific neighborhoods in Cary, give Sally Mackie a call. She’ll be happy to pull a custom report for you.

Right Step Home Inspections: Redefining Quality in Property Assessment

In Cary's real estate, Right Step Home Inspections stands out for its unwavering commitment to home safety and quality. Led by Wilson Fausel, a seasoned professional with a background at Nortel Networks, the company has carved a niche in the home inspection industry.

Fausel transitioned into home inspections driven by personal experiences with inadequate services, acquiring his license in 2006. Since then, Right Step has conducted over 2,000 inspections, including commercial properties, earning a reputation for thoroughness and reliability.

Home inspections are crucial in ensuring the structural integrity, safety, and longevity of a property. They provide homeowners and buyers with critical information about the condition of their property, identifying potential issues before they become significant problems.

This preventative approach is at the core of Right Step's philosophy. Much of the company's business comes from referrals, underscoring the trust and satisfaction it garners among clients and realtors.

Fausel's expertise extends beyond inspections; he has been a pivotal figure in the industry, leading the Triangle Chapter of the NC Licensed Home Inspector Association and contributing as a former complaint investigator and report auditor for the NC Home Inspector Licensure Board. Right Step Home Inspections, through its detailed assessments and educational approach, ensures that Cary's homes are not just structures, but safe havens for their residents.

Learn more here

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. Redfin's 2024 Forecast: Redfin predicts that the average 30-year mortgage rate will initially hover around 7% in the first quarter of 2024, then gradually decline throughout the year, potentially reaching about 6.6% by the end of 2024. This trend, combined with a slight decrease in prices, is expected to benefit homebuyers​.

   Read Source
   

2. Recent Trends Observed by Zillow: Mortgage rates have recently fallen to their lowest level since September. This change is attributed to investors' reactions to the latest economic data, including stable hiring trends in the labor market​. Read Source

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