In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🔥 Meme of the Day

🏡 Cary Real Estate: Properties Sold in Cary Last Week

💡 Top 10 Real Estate Markets of 2024: Cary, NC Shines in Rankings

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

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Properties Sold in Cary, NC for Week of 02 September 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 25 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(short week because of 4th of July Holidays):

The average price for all properties sold is $882,117

The average size in square feet for houses sold is 2,962

The average price per square foot for houses that sold is $296

The number of homes sold by Postal Code:

• 27511: 4 homes

• 27513: 8 homes

• 27518: 4 homes

• 27519: 9 homes

• 27539: 0 homes

The properties are listed from highest SOLD PRICE to lowest:

 Click on the address to view listing.

Address: 300 Pond Bluff Way, Cary, NC 27513, Sold Price: $2,015,000, Beds: 6, Baths: 5.5, Size: 4,684 sq ft

Address: 1512 Montvale Grant Way, Cary, NC 27519, Sold Price: $1,990,000, Beds: 5, Baths: 6.0, Size: 4,581 sq ft

Address: 202 Preston Arbor Ln, Cary, NC 27513, Sold Price: $1,525,000, Beds: 5, Baths: 3.5, Size: 3,646 sq ft

Address: 500 Greyfriars Ln, Cary, NC 27518, Sold Price: $1,190,000, Beds: 5, Baths: 4.5, Size: 4,470 sq ft

Address: 1416 Magnolia Bend Loop, Cary, NC 27519, Sold Price: $1,180,000, Beds: 5, Baths: 5.0, Size: 4,804 sq ft

Address: 207 Lindemans Dr, Cary, NC 27519, Sold Price: $1,135,000, Beds: 5, Baths: 5.0, Size: 4,574 sq ft

Address: 105 Illicium Ct, Cary, NC 27518, Sold Price: $971,000, Beds: 5, Baths: 4.0, Size: 3,521 sq ft

Address: 119 Bonniewood Dr, Cary, NC 27518, Sold Price: $950,000, Beds: 4, Baths: 3.5, Size: 3,334 sq ft

Address: 108 Sterling Ridge Way, Cary, NC 27519, Sold Price: $925,000, Beds: 5, Baths: 3.0, Size: 3,764 sq ft

Address: 114 Council Gap Ct Ct, Cary, NC 27513, Sold Price: $879,000, Beds: 5, Baths: 4.0, Size: 3,286 sq ft

Address: 101 Cassidy Ct, Cary, NC 27511, Sold Price: $774,900, Beds: 4, Baths: 3.0, Size: 3,802 sq ft

Address: 309 Beckingham Loop, Cary, NC 27519, Sold Price: $765,000, Beds: 3, Baths: 2.0, Size: 2,502 sq ft

Address: 406 Lochside Dr, Cary, NC 27518, Sold Price: $750,000, Beds: 3, Baths: 2.0, Size: 2,162 sq ft

Address: 108 Blythewood Ct, Cary, NC 27513, Sold Price: $713,000, Beds: 5, Baths: 2.5, Size: 2,936 sq ft

Address: 153 Mazarin Ln, Cary, NC 27519, Sold Price: $711,000, Beds: 5, Baths: 3.0, Size: 2,441 sq ft

Address: 106 Chessington Ct, Cary, NC 27513, Sold Price: $690,000, Beds: 4, Baths: 2.5, Size: 2,409 sq ft

Address: 102 Parkmeadow Dr, Cary, NC 27519, Sold Price: $630,000, Beds: 4, Baths: 2.5, Size: 2,464 sq ft

Address: 103 Grey Horse Dr, Cary, NC 27513, Sold Price: $625,500, Beds: 3, Baths: 2.5, Size: 2,132 sq ft

Address: 525 Ellynn Dr, Cary, NC 27511, Sold Price: $578,000, Beds: 3, Baths: 2.5, Size: 2,141 sq ft

Address: 312 Bickerton Ct, Cary, NC 27519, Sold Price: $531,016, Beds: 3, Baths: 2.0, Size: 1,561 sq ft

Address: 822 Endhaven Pl, Cary, NC 27519, Sold Price: $530,000, Beds: 3, Baths: 2.0, Size: 1,544 sq ft

Address: 104 Whitby Ct, Cary, NC 27511, Sold Price: $529,000, Beds: 4, Baths: 2.5, Size: 1,980 sq ft

Address: 104 Reton Ct, Cary, NC 27513, Sold Price: $510,000, Beds: 3, Baths: 2.5, Size: 1,649 sq ft

Address: 1434 Huntly Ct, Cary, NC 27511, Sold Price: $485,500, Beds: 3, Baths: 2.0, Size: 1,700 sq ft

Address: 214 Lost Tree Ln, Cary, NC 27513, Sold Price: $470,000, Beds: 4, Baths: 3.0, Size: 1,970 sq ft

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

Top 10 Real Estate Markets of 2024: Cary, NC Shines in Rankings

As the real estate market continues to evolve, certain cities stand out as prime locations for both investment and quality of life. WalletHub has released its ranking of the top 10 real estate markets for 2024, revealing a mix of well-established communities and rising stars.

Here’s a look at the leading cities that are setting the pace in the housing market this year.

1. McKinney, Texas, tops the list with a composite score of 74.09, leading in both real estate and affordability. This city is celebrated for its dynamic community, robust job market, and accessible housing, making it a favored destination for many seeking both growth and stability.

2. Frisco, Texas, scores 73.03, which ranks first in economic environment. Frisco’s appeal lies in its excellent infrastructure and economic stability, positioning it as an ideal spot for families and professionals alike.

3. Cary, North Carolina, comes in third with a score of 70.52, ranking fourth in the real estate market and fifth in affordability and economic environment. Cary continues to shine due to its highly regarded schools, quality of life, and emerging job opportunities, offering a compelling mix of affordable living and growth potential.

4. Nashville, Tennessee, follows, known not just for its musical roots but also for its impressive job growth and rising property values, although its affordability rank is lower. With a score of 69.79, Nashville remains a cultural and economic powerhouse.

5. Durham, North Carolina, scores 68.99. The city is distinguished by its robust research economy, driven largely by Duke University, and its diverse, vibrant community.

6. Gilbert, Arizona, is next with a score of 68.88, praised for its family-friendly atmosphere and burgeoning job market, making it a popular choice for newcomers.

7. Charlotte, North Carolina, follows closely with a score of 68.07, benefiting from its status as a major financial hub, which continues to attract a diverse and growing workforce.

8. Denton, Texas, scores 67.53, with its vibrant arts scene and strong educational resources making it appealing to younger demographics seeking both culture and education.

9. Allen, Texas, is noted for its suburban charm and economic vitality, scoring 67.29 and ranking highly in community spirit and economic growth.

10. Port St. Lucie, Florida, rounds out the top ten with a score of 67.01. The city offers a unique combination of affordability and a coastal lifestyle, making it an attractive option for those seeking a balance of leisure and economy.

These cities illustrate the diverse opportunities across the United States, where varying strengths in affordability, economic environment, and quality of life cater to a range of preferences and needs. As the housing market continues to shift, these locations remain some of the best bets for both living and investment. Read full Report

For those considering buying, it may be worth watching rate trends closely and consulting with local real estate professionals to navigate the current conditions effectively.