Is Cary, NC Real Estate on Your List of 2013 Resolutions?

2012 Cary, NC Real Estate RecapIs buying or selling a home in Cary, NC on your list of 2013 resolutions?  Presenting the full 2012 year end Cary, NC real estate recap!

We know and love Cary real estate and can confidently relay that real estate in Cary started strong when compared with the rest of the nation at the start of 2012 and continued to steadily strengthen throughout the year.  Ranked repeatedly as a top place to live in the nation Cary, North Carolina remains as one of the most desirable places to live for all walks of life.2012 Cary Real Estate Recap

The pie chart shows the breakdown of:

  • new active listings (homes that went on the market)
  • total active listings
  • closed listings
  • homes that have gone under contract

during the whole of 2012 for single family detached homes located within Cary, NC.

The “0% Active” is a tad confusing.  This percentage includes only those Cary homes that entered the MLS as a for sale home before January 2012, and sat on the market through the duration of the year (a high % would be alarming).  At 0% this is great for home sellers and buyers (considering resale) alike.

While the pie chart is a little arbitrary by itself, we include it to help paint the full picture for the stats below.

New listings – Cary Real Estate Market in 2012

2012 Cary Real Estate Recap - New Active Homes

The “New Active Listings” with 317 homes represent the number of Cary real estate listings that came on the market in 2012 and haven’t yet gone under contract or sold.  This includes homes that were listed in Cary anytime between Jan. 1st and Dec. 31st 2012.

Take a peak at the new Cary NC Homes for Sale on the market in December (in alphabetical order by subdivisions).

Active Detached Homes Available at the End of 2012

2012 Cary Real Estate Recap - Homes Active at the end of 2012

“Active Listings” include new listings to the Cary market in 2012.  To get the number of homes listed before Jan. 1st 2012 we subtract new active from active which gives us only 7 homes in Cary that have been listed for over a 1 year period.  This signifies 0% of the total Cary real estate market which is definitely a healthy stat.

With just under 325 homes for sale ranging from $73,000 to $1,987,000 with an average price of a home for sale in Cary being $429,850 we have affordable living available in one of the greatest cities in America (more on that in our collection of  Triangle area accolades).

Homes in Cary: Under Contract at 2012 Year End

2012 Cary Real Estate Recap - Homes pending at the end of the year

At the end of 2012 there were 76 homes under contract, or in the “pending” status in Cary, NC.

Homes that sold (closed) in Cary in 2012

2012 Cary Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 1,543 single family detached homes were recorded in the TMLS to have sold in Cary in 2012.  The average sales price in Cary, NC was $345,183 in 2012 (higher than the Wake County average of $275,225) at $119.64 per square foot, closing at a healthy 97% of sales to list price and sitting an average of only 98 days (just over 3 months) on the market.

There’s a lot of great information above to get a good overview of Cary real estate in 2012.  Need more information?  Let us know!


*Any reference to TMLS data is based on information from Triangle MLS, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Triangle MLS may not reflect all real estate activity in the market.


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