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Cary Spotlight (Real Estate) Issue #476 Properties Sold in Cary

10 Feb 2025 | Cary Real Estate Edition, Mortgage Rates, Cary’s Secret Forest

In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🔥 Meme of the Day

❤️You’re So Sweet: Thank You, Janet!

🧭 Discover Cary: Cary’s Secret Forest

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🏡 Making Sense of Real Estate: Mortgage Rates

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

Question: Who invented the egg beater?

(Answer at the bottom of the newsletter.)

Discover Bee Banhmi, a local business sponsor of Cary Spotlight. They do catering, online ordering, home delivery and in-store. Great food made with quality ingredients.

“Dined with you today and had forgotten how fresh your ingredients are and how tasty the food is! Thanks for making me feel like I am visiting Family when I come in to eat. Friendly staff welcomes you in and eagerly share their knowledge about the choices to ensure you get exactly what you want/need! Love Bee BanhMi!” ~Lorraine Cross

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

Meme of the Day.
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You’re So Sweet: Thank You, Janet!

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Credit: Hemlock Bluffs Nature Preserve

Cary’s Secret Forest

As Cary continues to grow, with new neighborhoods and businesses taking over more space, one quiet place remains untouched. Hemlock Bluffs Nature Preserve, a 140-acre forest, stands as a reminder of the town’s commitment to protecting nature.

Hidden along the steep bluffs of Swift Creek, this unique area is home to Eastern Hemlock trees—rare in this part of North Carolina. These ancient trees, some more than 300 years old, usually grow in the cooler Appalachian Mountains. But thanks to the shade and cool air created by the north-facing cliffs, they have survived here for centuries, a living connection to the last Ice Age.

The preserve features well-kept trails like the Swift Creek Loop, Chestnut Oak Loop, and Beech Tree Cove Trail, winding through a peaceful landscape of towering trees and trickling streams. Walking through the forest, visitors can hear the rustling of leaves, the songs of birds, and the steady movement of the creek below.

Credit: Hemlock Bluffs Nature Preserve

Hemlock Bluffs is more than just a scenic spot—it’s a break from the busy world. The quiet trails allow people to slow down and enjoy nature. Along the way, deer move silently through the woods, lizards dart across warm rocks, and foxes slip through the underbrush.

At the heart of the preserve, the Stevens Nature Center helps visitors understand the delicate balance that keeps this ecosystem thriving. It offers educational programs and exhibits about the region’s plants, animals, and history.

As Cary continues to expand, places like Hemlock Bluffs become even more valuable. It’s a reminder that nature and development can exist side by side, giving people a place to connect with the natural world—even in the middle of a growing town.

Address: 2616 Kildaire Farm Rd, Cary, NC 27518 | Directions
Learn more about trails at Hemlock Bluffs Nature Preserve

Just curious…

We’d like to hear from you! Let us know how familiar you are with Hemlock Bluffs, Cary’s hidden forest oasis filled with scenic trails and ancient hemlocks:

How Familiar Are You with Hemlock Bluffs Nature Preserve?

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Properties Sold in Cary, NC for Week of 8 February 2025 (Data source: Redfin)

Property Type: Single Family Residential.

There were 8 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 $619,038

The median price for all properties sold is $507,500*

The average size in square feet for houses sold is 2,237

The average price per square foot for houses that sold is $269

*The median price being lower than the average (mean) sale price in this case typically suggests that there are a few higher-priced properties pulling the average up.

The number of homes sold by Postal Code:

  • 27511: 2 homes sold, Median Price: $483,650

  • 27513: 1 home sold, Median Price: $500,000

  • 27518: 1 home sold, Median Price: $450,000

  • 27519: 4 homes sold, Median Price: $657,500

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: 106 Billington Ct, Cary, NC 27519 | Sold Price: $1,365,000 | Beds: 4 | Baths: 4.0 | Size: 3968 sqft

Address: 209 Bog Hill Ln, Cary, NC 27519 | Sold Price: $725,000 | Beds: 4 | Baths: 2.0 | Size: 2767 sqft

Address: 103 Carpenter Town Ln, Cary, NC 27519 | Sold Price: $590,000 | Beds: 3 | Baths: 2.5 | Size: 2181 sqft

Address: 307 Rustic Ridge Rd, Cary, NC 27511 | Sold Price: $515,000 | Beds: 4 | Baths: 3.0 | Size: 2150 sqft

Address: 204 Dalmeny Dr, Cary, NC 27513 | Sold Price: $500,000 | Beds: 3 | Baths: 2.5 | Size: 1845 sqft

Address: 308 Trimble Ave, Cary, NC 27511 | Sold Price: $452,300 | Beds: 3 | Baths: 2.5 | Size: 2048 sqft

Address: 119 Catherwood Pl, Cary, NC 27518 | Sold Price: $450,000 | Beds: 3 | Baths: 2.5 | Size: 1599 sqft

Address: 106 Highfalls Ct, Cary, NC 27519 | Sold Price: $355,000 | Beds: 3 | Baths: 2.5 | Size: 1339 sqft

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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Mortgage Rates

As of February 7, 2025, the average mortgage interest rates reported by Mortgage News Daily are:

30-Year Fixed Rate: 7.03%

30-Year Jumbo Loan: 7.31%

30-Year FHA Loan: 6.39%

30-Year VA Loan: 6.41%

These rates reflect national averages and are updated daily. Please note that mortgage rates can vary daily and are influenced by various factors, including economic conditions and individual qualifications. For the most current rates and personalized information, it's advisable to consult directly with lenders or financial advisors.

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

Willis Johnson, an African-American inventor from Cincinnati, Ohio, was granted U.S. Patent 292,821 on February 5, 1884, for an improved mechanical egg beater. His innovative design featured a handle connected to spring-like whisk wires, streamlining the mixing process for various ingredients, including eggs and batter. This advancement significantly reduced the labor and time required for mixing, laying the groundwork for modern kitchen mixers.