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Cary Spotlight (Real Estate) Issue #364 Properties Sold in Cary

21 Oct 2024 | Cary Real Estate Edition

In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🔥 Meme of the Day

🏡 Cary Real Estate: Properties Sold in Cary Last Week

💡 Opening Doors: Blackwell Mortgage Makes Homeownership More Accessible

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

Question: Which Italian inventor developed the first working radio?

(Answer at the bottom of the newsletter.)

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Cary Real Estate Advisory Council

Helping you make sense of Real Estate in Cary NC and surrounding areas.

Do you know an outstanding Real Estate Agent or Realtor who is dedicated to serving our community and would benefit from a Realtor Spotlight in Cary Spotlight? We are currently opening 3 spots for realtors in November to get a local Realtor spotlight.

By participating in Cary Spotlight, Realtors gain not just exposure, but a meaningful connection with potential clients who value local expertise.

Properties Sold in Cary, NC for Week of 20 October 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 18 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 $788,829

The average size in square feet for houses sold is 2,847

The average price per square foot for houses that sold is $286

The number of homes sold by Postal Code:

  • 27511: 1 homes

  • 27513: 4 homes

  • 27518: 6 homes

  • 27519: 7 homes

  • 27539: 0 homes

Just curious…

Do you think property prices will rise or fall in the next 12 months?

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The properties are listed from highest SOLD PRICE to lowest:

 Click on the address to view listing.

Address: 215 Devonhall Ln, Cary, NC 27518 | Sold Price: $1,158,000 | Beds: 5 | Baths: 5.0 | Size: 4233 sq ft

Address: 622 Halcyon Meadow Dr, Cary, NC 27519 | Sold Price: $1,005,000 | Beds: 4 | Baths: 3.5 | Size: 3668 sq ft

Address: 103 Moreland Ct, Cary, NC 27518 | Sold Price: $998,000 | Beds: 4 | Baths: 3.5 | Size: 3330 sq ft

Address: 509 Annandale Dr, Cary, NC 27511 | Sold Price: $983,920 | Beds: 5 | Baths: 4.5 | Size: 3719 sq ft

Address: 609 Royal Tower Way, Cary, NC 27513 | Sold Price: $910,000 | Beds: 4 | Baths: 3.5 | Size: 4438 sq ft

Address: 307 Birdwood Ct, Cary, NC 27519 | Sold Price: $865,000 | Beds: 4 | Baths: 4.0 | Size: 3191 sq ft

Address: 213 Mazarin Ln, Cary, NC 27519 | Sold Price: $815,000 | Beds: 4 | Baths: 3.5 | Size: 2897 sq ft

Address: 106 Duckwood Ln, Cary, NC 27518 | Sold Price: $805,000 | Beds: 4 | Baths: 3.0 | Size: 3024 sq ft

Address: 209 Abbey View Way, Cary, NC 27519 | Sold Price: $765,000 | Beds: 3 | Baths: 3.0 | Size: 2716 sq ft

Address: 108 Whittlewood Dr, Cary, NC 27513 | Sold Price: $750,000 | Beds: 4 | Baths: 2.5 | Size: 2859 sq ft

Address: 502 Heathridge Ln, Cary, NC 27513 | Sold Price: $715,000 | Beds: 4 | Baths: 2.5 | Size: 3000 sq ft

Address: 213 East Wind Ln, Cary, NC 27518 | Sold Price: $689,000 | Beds: 4 | Baths: 2.5 | Size: 2467 sq ft

Address: 124 Cumberland Green Dr, Cary, NC 27513 | Sold Price: $685,000 | Beds: 3 | Baths: 2.5 | Size: 1789 sq ft

Address: 4221 Triland Way, Cary, NC 27518 | Sold Price: $650,000 | Beds: 3 | Baths: 2.5 | Size: 2560 sq ft

Address: 101 Arvind Oaks Cir, Cary, NC 27519 | Sold Price: $630,000 | Beds: 2 | Baths: 2.0 | Size: 1686 sq ft

Address: 234 Ellisview Dr, Cary, NC 27519 | Sold Price: $628,000 | Beds: 2 | Baths: 2.0 | Size: 1988 sq ft

Address: 10817 Bexhill Dr, Cary, NC 27518 | Sold Price: $625,000 | Beds: 3 | Baths: 2.5 | Size: 2152 sq ft

Address: 433 Easton Grey Loop, Cary, NC 27519 | Sold Price: $522,000 | Beds: 3 | Baths: 2.0 | Size: 1541 sq ft

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Mortgage Rates

Here is the current snapshot of mortgage rates for October 18, 2024, based on data from Mortgage News Daily:

30-Year Fixed Rate: 6.68%

30-Year Jumbo: 6.78%

30-Year FHA: 6.13%

30-Year VA: 6.14%

These rates reflect national averages and are updated daily. Each loan type offers slightly different benefits and terms based on borrower eligibility and market trends

Opening Doors: Blackwell Mortgage Makes Homeownership More Accessible

April Young Blackwell, owner of Blackwell Mortgage, focuses on making homeownership more attainable by offering financing programs with low down payments. The goal is to remove financial obstacles for prospective homeowners and help a wider range of people enter the market.

For those eager to explore their options, Blackwell Mortgage welcomes inquiries through direct messages or email, underscoring a commitment to personalized service in guiding potential homeowners toward their dreams.

April Young Blackwell: Owner of Blackwell Mortgage, MLO, +
Ind NMLS 415648 Corp NMLS ID 2078740 Equal Housing Opportunity
✉️[email protected]

In your opinion, which factor has the biggest impact on property prices in Cary and nearby areas?

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Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered financial, legal, or real estate advice. Real estate transactions and mortgage decisions involve complex financial assessments that vary based on individual circumstances and market conditions. Speak to a licensed mortgage and real estate professional before making any investment or financial decision related to real estate. The authors and publishers of this newsletter are not liable for any financial or investment decisions made based on this content.

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The Answer to the Cary Spotlight Hook Trivia Question 👇👇👇

Guglielmo Marconi, an Italian inventor, developed the first working radio in the late 19th century, revolutionizing long-distance communication. His pioneering work in wireless telegraphy earned him the Nobel Prize in Physics in 1909. Marconi’s invention laid the foundation for modern radio communication and broadcasting, profoundly shaping global communication networks.

For more information about Guglielmo Marconi and his contributions, you can visit the Nobel Prize website.