In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

✅ Corrections: What We Got Wrong and How We Fixed It

🧭 Discover Cary: Hearsay, A Cocktail Bar (Correction)

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🏡 Making Sense of Real Estate: Mortgage Rates

🔥 Meme of the Day

❤️Thank You, Margaret!

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

Question: What prestigious award did Malala Yousafzai win in 2014, making her the youngest recipient in history?

(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

You can read their Business Spotlight | Order Online | Catering Service

✅ Corrections: What We Got Wrong and How We Fixed It.

Most publications (some people might think of newspapers) will hide their corrections in small print on the back page. We’re not a newspaper, when we get something wrong, we promptly make an edit to the online edition. Thank you for your feedback. Simply Click the link to view the correction.

1. Issue #503: Discovery Cary Reader Poll: The Cary Spotlight Reader Poll in yesterday’s edition on Hearsay, A Cocktail Bar, did not include the matching reader poll that measures awareness of this business in Cary. We corrected that in today’s issue.

Hearsay, A Cocktail Bar

Hearsay, A Cocktail Bar is one of the local food places nominated by Cary Spotlight’s readers for our Discover Cary project. If you had a chance to sample their food, feel free to share your opinion below.

Hearsay, A Cocktail Bar in Cary, NC, offers a sophisticated yet inviting atmosphere with expertly crafted cocktails, a curated selection of spirits, and a stylish ambiance perfect for an intimate night out or social gathering.

Check out their menu on their website: Hearsay, A Cocktail Bar

Address: 317 W Chatham St, Cary, NC 27511 | Get Directions

Properties Sold in Cary, NC for Week of 7 March 2025 (Data source: Redfin)

Property Type: Single Family Residential.

There were 20 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 $722,922

The median price for all properties sold is $652,500*

The average size in square feet for houses sold is 2,568

The average price per square foot for houses that sold is $279

*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: 5 homes sold, Median Price: $521,000

• 27513: 5 homes sold, Median Price: $545,545

• 27518: 3 homes sold, Median Price: $736,000

• 27519: 8 homes sold, Median Price: $1,202,500

• 27523: 1 home sold, Median Price: $1,090,000**

**​ZIP code 27523 is primarily associated with Apex, NC, and encompasses areas within Wake and Chatham counties. However, ZIP code boundaries do not always align perfectly with city limits. Some portions of 27523 may extend into neighboring areas, including parts of Cary, NC. Therefore, while 27523 is mainly linked to Apex, certain addresses within this ZIP code could be located in Cary.​

Just curious…

The properties are listed from highest SOLD PRICE to lowest:

 Click on the address to view listing.

Address: 6812 Piershill Ln, Cary, NC 27519 | Sold Price: $1,600,000 | Beds: 5 | Baths: 4.5 | Size: 4,333 sq. ft.

Address: 2629 Stonington Dr, Cary, NC 27523 | Sold Price: $1,090,000 | Beds: 5 | Baths: 4.5 | Size: 3,689 sq. ft.

Address: 300 Legault Dr, Cary, NC 27513 | Sold Price: $1,045,000 | Beds: 4 | Baths: 3.0 | Size: 3,085 sq. ft.

Address: 206 Joseph Pond Ln, Cary, NC 27519 | Sold Price: $975,000 | Beds: 4 | Baths: 3.5 | Size: 3,693 sq. ft.

Address: 405 Chandler Grant Dr, Cary, NC 27519 | Sold Price: $900,000 | Beds: 4 | Baths: 3.5 | Size: 3,032 sq. ft.

Address: 103 Paddy Rock Ct, Cary, NC 27518 | Sold Price: $850,000 | Beds: 4 | Baths: 3.5 | Size: 3,161 sq. ft.

Address: 518 Grant Forest Ln, Cary, NC 27519 | Sold Price: $815,000 | Beds: 4 | Baths: 2.5 | Size: 3,237 sq. ft.

Address: 1104 Jewel Creek Drive Dr, Cary, NC 27519 | Sold Price: $753,000 | Beds: 5 | Baths: 3.0 | Size: 3,077 sq. ft.

Address: 112 Fifemoor Ct, Cary, NC 27518 | Sold Price: $736,000 | Beds: 4 | Baths: 2.5 | Size: 2,878 sq. ft.

Address: 107 Coatbridge Cir, Cary, NC 27511 | Sold Price: $655,000 | Beds: 3 | Baths: 2.5 | Size: 2,355 sq. ft.

Address: 121 Franklin Hills Pt Pt, Cary, NC 27519 | Sold Price: $650,000 | Beds: 3 | Baths: 2.0 | Size: 2,646 sq. ft.

Address: 109 Swallow Hill Ct, Cary, NC 27513 | Sold Price: $577,000 | Beds: 3 | Baths: 2.0 | Size: 1,739 sq. ft.

Address: 123 Gettysburg Dr, Cary, NC 27513 | Sold Price: $545,545 | Beds: 4 | Baths: 2.5 | Size: 2,103 sq. ft.

Address: 106 W Laurenbrook Ct, Cary, NC 27518 | Sold Price: $532,000 | Beds: 3 | Baths: 2.5 | Size: 2,044 sq. ft.

Address: 1148 Sturdivant Dr, Cary, NC 27511 | Sold Price: $525,000 | Beds: 4 | Baths: 2.5 | Size: 1,931 sq. ft.

Address: 1616 Glengarry Dr, Cary, NC 27511 | Sold Price: $521,000 | Beds: 4 | Baths: 3.0 | Size: 2,102 sq. ft.

Address: 133 Sterlingdaire Dr, Cary, NC 27511 | Sold Price: $462,000 | Beds: 3 | Baths: 2.0 | Size: 1,442 sq. ft.

Address: 117 Cricketgrass Dr, Cary, NC 27513 | Sold Price: $440,000 | Beds: 3 | Baths: 2.5 | Size: 1,550 sq. ft.

Address: 215 Dutchess Dr, Cary, NC 27513 | Sold Price: $415,000 | Beds: 3 | Baths: 2.0 | Size: 1,392 sq. ft.

Address: 906 Griffis St, Cary, NC 27511 | Sold Price: $371,900 | Beds: 4 | Baths: 2.0 | Size: 1,864 sq. ft.

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

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.

Mortgage Rates

As of February 28, 2025, the average mortgage interest rates reported by Mortgage News Daily are:

30-Year Fixed Rate: 6.79%

30-Year Jumbo Loan: 6.99%

30-Year FHA Loan: 6.17%

30-Year VA Loan: 6.20%

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.

Meme of the Day.
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