In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🏡 U.S. Trends in Mortgage & Real Estate

💡 Cary Real Estate Market on Fire: Home Under Contract Within 48 Hours

This is the Real Estate Edition: local news and events will be back on Tuesday.

Dear Reader,

We look forward to sharing news, spotlights of businesses and events that make our vibrant community a great place to live, work and play. We need your help.

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Simply hit reply or have your Realtor contact me at [email protected].

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They don’t have to be an expert in all of these areas. More importantly, they have to be focused on serving the community and can play nice with others.

Chris Coetzer
Founder/Publisher
Cary Spotlight

P.S. If you seeing this message, then there are still spots available.

Question:  Who was the first Black player to be selected for Major League Baseball?

(Answer at the bottom of the newsletter.)

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Properties Sold in Cary, NC for Week of 14 April 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 27 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 $832,867

The average size in square feet for houses sold is 3,009

The average price per square foot for houses that sold is $277

The number of homes sold by Postal Code:

• 27511: 4 homes

• 27513: 7 homes

• 27518: 3 homes

• 27519: 12 homes

The properties are listed from highest SOLD PRICE to lowest:

Click on the address to view listing.

Address: 108 Caviston Way, Cary, NC 27519 Sold Price: $1,551,800
Beds: 4 Baths: 5.5 Size: 4330 sq ft

Address: 104 Ludgate Ct, Cary, NC 27519 Sold Price: $1,250,000
Beds: 4 Baths: 4.0 Size: 4268 sq ft

Address: 105 Lindenthal Ct, Cary, NC 27513 Sold Price: $1,250,000
Beds: 4 Baths: 3.5 Size: 3429 sq ft

Address: 1053 Tahoe Glen Pl, Cary, NC 27513 Sold Price: $1,250,000
Beds: 6 Baths: 4.5 Size: 4504 sq ft

Address: 105 Fern Bluff Way, Cary, NC 27518 Sold Price: $1,185,500
Beds: 5 Baths: 4.0 Size: 4552 sq ft

Address: 4320 Chandler Cove Way, Cary, NC 27539
Sold Price: $1,175,000 Beds: 5 Baths: 4.0 Size: 3951 sq ft

Address: 119 Doric Ct, Cary, NC 27519 Sold Price: $1,115,000
Beds: 5 Baths: 2.5 Size: 3232 sq ft

Address: 1845 Amberly Ledge Way, Cary, NC 27519 Sold Price: $920,101 Beds: 5 Baths: 4.5 Size: 3701 sq ft

Address: 841 River Song Pl, Cary, NC 27519 Sold Price: $914,000 Beds: 5 Baths: 4.0 Size: 3295 sq ft

Address: 107 Kilbreck Dr, Cary, NC 27511 Sold Price: $878,000 Beds: 4 Baths: 3.5 Size: 3603 sq ft

Address: 617 Sherwood Forest Pl, Cary, NC 27519 Sold Price: $803,000 Beds: 4 Baths: 2.5 Size: 2936 sq ft

Address: 725 Toms Creek Rd, Cary, NC 27519 Sold Price: $800,000 Beds: 4 Baths: 3.0 Size: 2892 sq ft

Address: 619 Mixboro Dr, Cary, NC 27519 Sold Price: $767,000 Beds: 3 Baths: 2.0 Size: 2500 sq ft

Address: 203 Bradwyck Dr, Cary, NC 27513 Sold Price: $763,000 Beds: 4 Baths: 2.5 Size: 2987 sq ft

Address: 104 Merowe Ct, Cary, NC 27513 Sold Price: $718,000 Beds: 4 Baths: 2.5 Size: 2580 sq ft

Address: 108 Parkbow Ct, Cary, NC 27519 Sold Price: $705,000 Beds: 4 Baths: 2.5 Size: 2753 sq ft

Address: 107 Stokesay Ct, Cary, NC 27513 Sold Price: $680,000 Beds: 4 Baths: 2.5 Size: 2648 sq ft

Address: 205 Lyncroft Ln, Cary, NC 27519 Sold Price: $680,000 Beds: 4 Baths: 2.5 Size: 2635 sq ft

Address: 320 Putney Dr, Cary, NC 27518 Sold Price: $650,000 Beds: 4 Baths: 3.5 Size: 2532 sq ft

Address: 205 Halpen Dr, Cary, NC 27513 Sold Price: $650,000 Beds: 4 Baths: 2.5 Size: 2126 sq ft

Address: 314 Castle Hayne Dr, Cary, NC 27519 Sold Price: $638,000 Beds: 4 Baths: 2.5 Size: 2220 sq ft

Address: 108 Kinsey Cir, Cary, NC 27511 Sold Price: $585,000 Beds: 4 Baths: 3.5 Size: 3463 sq ft

Address: 104 Thresher Ct, Cary, NC 27513 Sold Price: $570,000 Beds: 5 Baths: 3.5 Size: 2586 sq ft

Address: 937 Ivy Ln, Cary, NC 27511 Sold Price: $555,000 Beds: 4 Baths: 3.0 Size: 2391 sq ft

Address: 113 Palace Grn, Cary, NC 27518 Sold Price: $546,000 Beds: 3 Baths: 2.5 Size: 2403 sq ft

Address: 513 Tomkins Loop, Cary, NC 27519 Sold Price: $505,000 Beds: 3 Baths: 2.0 Size: 1443 sq ft

Address: 113 Cameron Ct, Cary, NC 27511 Sold Price: $383,000 Beds: 3 Baths: 2.0 Size: 1293 sq ft

Click Here For the Full List of All Properties Sold Last Week

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. Mortgage Rate Trends: As of April 12, 2024, the average 30-year fixed-rate mortgage slightly increased, continuing a trend of rising rates that affect both potential homebuyers and the broader real estate market. Read Source

2. Real Estate Trends: Various regions in the U.S. are experiencing mixed real estate trends. For instance, pending home sales showed gains in the Midwest and South but declined in pricier regions like the Northeast and West as of late March 2024.
   Read Source

Cary Real Estate Market on Fire: Home Under Contract Within 48 Hours

In Cary's dynamic real estate market, a recent listing managed by Realtor Sally Mackie quickly went under contract within 48hrs, showing just how competitive the local scene is. Listed on Friday, the home attracted multiple offers throughout the weekend, demonstrating strong buyer interest and competitive market conditions in Cary.

Sally Mackie offers crucial advice for those involved in the real estate market. For sellers, she highlights the importance of working with a Realtor who can provide honest, accurate pricing assessments and who are skilled in preparing a home to meet current market expectations.

For buyers, Mackie stresses the necessity of working with an agent who have a deep understanding of the ever-changing market dynamics and possess the negotiation skills needed to secure the best value in a competitive environment.

See listing info: 508 Giverny Place, Cary, NC 27513

Contact Info for Sally Mackie
Realtor | Broker | Advisor
RELEVATE
website: https://relevate.life/sallymackie/
Phone: (919) 621-1246
Email: [email protected]

Editor’s Note: Full disclosure, Sally Mackie is also my Realtor and a founding Diamond Level Sponsor of Cary Spotlight. There are many agents out there. Find the one you can trust. We’ll do our best to showcase many great Realtors in the area.

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