In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🧭 Discover Cary: Academy Street Bistro

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🏡 Making Sense of Real Estate: Mortgage Rates

🔥 Meme of the Day

❤️ I LOVE CARY

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

Question: What European capital is divided by canals into about 90 islands?

(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

Academy Street Bistro

Academy Street Bistro is one of the local restaurants nominated by Cary Spotlight’s readers for our Discover Cary project. If you’ve experienced the food and service at La Farm Bakery firsthand, we’d love to hear your recommendations.

Academy Street Bistro in Cary, NC, is a cozy restaurant serving upscale casual New American cuisine.

Learn more about the their menu on their website: Academy Street Bistro

Address: 200 S Academy St, Cary, NC 27511 | Get Directions

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

Property Type: Single Family Residential.

There were 14 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 $686,203

The median price for all properties sold is $632,000*

The average size in square feet for houses sold is $2,521

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: 3 homes sold, Median Price: $550,000

• 27513: 2 homes sold, Median Price: $530,000

• 27518: 2 homes sold, Median Price: $660,925

• 27519: 3 homes sold, Median Price: $720,000

Just curious…

The properties are listed from highest SOLD PRICE to lowest:

 Click on the address to view listing.

Address:   1905 Edgelake Pl, Cary, NC 27519    Sold Price:   $1,135,000 
Beds:   6    Baths:   4.0    Size:   4316 sq ft

Address:   3604 Heritage Creek Dr, Apex, NC 27539    Sold Price:   $1,060,000    Beds:   7    Baths:   4.5    Size:   4609 sq ft

Address:   206 Kanewind Ter, Apex, NC 27523    Sold Price:   $850,000 
Beds:   5    Baths:   4.0    Size:   3148 sq ft

Address:   115 Ripplewater Ln, Cary, NC 27518    Sold Price:   $735,000 
Beds:   4    Baths:   3.0    Size:   2500 sq ft

Address:   202 Beckingham Loop, Cary, NC 27519    Sold Price:   $720,000 
Beds:   3    Baths:   2.5    Size:   2323 sq ft

Address:   200 Beachers Brook Ln, Cary, NC 27511    Sold Price:   $675,000    Beds:   4    Baths:   4.0    Size:   2596 sq ft

Address:   627 Aylestone Dr, Cary, NC 27519    Sold Price:   $670,000 
Beds:   3    Baths:   2.0    Size:   2081 sq ft

Address:   201 Sea Biscuit Ln, Apex, NC 27539    Sold Price:   $594,000 
Beds:   3    Baths:   2.0    Size:   2415 sq ft

Address:   104 Longbridge Dr, Cary, NC 27518    Sold Price:   $586,850 
Beds:   4    Baths:   2.5    Size:   2585 sq ft

Address:   1177 St. Cloud Loop, Apex, NC 27523    Sold Price:   $560,000 
Beds:   3    Baths:   2.0    Size:   1702 sq ft

Address:   102 Ashley Brook Ct, Cary, NC 27513    Sold Price:   $560,000 
Beds:   4    Baths:   2.5    Size:   2036 sq ft

Address:   407 Knight Ave, Cary, NC 27511    Sold Price:   $550,000 
Beds:   3    Baths:   2.0    Size:   1971 sq ft

Address:   109 Reton Ct, Cary, NC 27513    Sold Price:   $501,000 
Beds:   3    Baths:   2.5    Size:   1566 sq ft

Address:   102 Creighton Ct, Cary, NC 27511    Sold Price:   $410,000 
Beds:   3    Baths:   2.0    Size:   1444 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 March 28, 2025, the average mortgage interest rates reported by Mortgage News Daily are:

30-Year Fixed Rate: 6.76%

30-Year Jumbo Loan: 6.92%

30-Year FHA Loan: 6.18%

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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