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Life & Real Estate | December 2022
Hello friends, welcome to December!
I hope you had a special time over the Thanksgiving holiday with friends and family. It's the perfect time to reflect on the year we had, everything we are grateful for, and to kick-off all of the celebrating we have coming this month.
Let me be one of the first to wish you a
MERRY CHRISTMAS and HAPPY NEW YEAR!
We have some exciting up-coming events, amazing results of our Treats For Troops candy collection, and our newest listings. But first, lets take a look at the local real estate market.
Seller Advice: This is a good time to take a moment and spruce up your house to better attract buyers come spring. Buyers may not have spare cash to make changes right now, so they will be more enticed to make a purchase if it’s a place that’s move-in ready. If you’re one of these homeowners looking to sell your house and buy another at the same time, there are ways I can help you navigate today’s financial terrain to your advantage.
Buyer Advice: Don’t let the mortgage interest rates keep you on the sidelines. There are still many advantages to purchasing now. Just call me for a conversation, no obligation!
Here are the most recent stats from the Triangle MLS for the "entire Triangle" and the "Cary/Apex/Morrisville" areas.
October 2021 vs October 2022
NEW LISTINGS: 4410 vs 3269 -25.9%
CLOSED SALES: 4033 vs 3042 -24.6%
MEDIAN SALE PRICE: $365,000 vs $395,000 +8.2%
PERCENT OF LIST PRICE RECEIVED: 103% vs 99.2% -3.7%
DAYS ON MARKET UNTIL SALE: 10 days vs 24 days +140%
INVENTORY OF HOMES FOR SALE: 3496 vs 6749 +93%
(Cary/Apex/Morrisville only)
October 2021 vs October 2022
NEW LISTINGS: 452 vs 316 -30.1%
CLOSED SALES: 464 vs 306 -34.1%
MEDIAN SALE PRICE: $505,000 vs $550,000 +8.9%
PERCENT OF LIST PRICE RECEIVED: 105% vs 99.2% -5.5%
DAYS ON MARKET UNTIL SALE: 8 days vs 23 days +187.5%
INVENTORY OF HOMES FOR SALE: 194 vs 526 +171.1%
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Thinking of selling in 2023?
We would be happy to assist.
Give us a call today to get started!
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THANK YOU for the overwhelming amount of candy you all donated to our Treats For Troops Soldiers' Angels candy collection! Because of you, we were able to send 475 lbs. of candy to our deployed soldiers around the world.
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Local (Fenton) Happenings
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Where: 1 Fenton Main Street
Come out to Fenton and ice skate outdoors! Check times for special DJ's and the Turkey Skate! Learn more and sign up.
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Santa Pet Night at Fenton!
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Where: 1 Fenton Main Street
Bring your furry besties to get a pawsitively adorable photo with Santa! Learn more.
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Lifestyle Tips (at Fenton)
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Cooking Class: Cookies For Santa!
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20 Fenton Main St Ste 160
Decorate Holiday Cookies with us that St. Nick is sure to love. This kids cooking class is free and suitable for the whole family. Learn more.
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Where: 300 Fenton Gateway Dr
Known for beautiful furniture and décor handcrafted by artisans around the world, Arhaus offers heirloom quality pieces for the entire home—indoors and out.
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4 BD 4 BA 3240 SF $675,000
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Amazing Home with a Private In-Ground Pool! This backyard oasis also includes a Screened Porch, Hot Tub, Deck w/Built-in Seating, Stone Patio, and an Exterior Bathroom! Inside you'll find Hardwood Floors, Extensive Trim, Office/Living Room, Dining Room, and a Family Room w/a Gas Fireplace, Built-in's, and a Wall of Windows to let in Plenty of Natural Light. The Kitchen offers Stainless Appls, Granite Counters, Under-Cab Lights, Tile Backsplash, Bar Seating, and a Bright Breakfast Area. Main Fl Laundry w/Cabinets for Storage & Utility Sink. Owners Suite features a Trey Ceiling, Walk-in Closet, Garden Tub & Tiled Shower. Three Nice Size Secondary Bedrooms, Updated Bath w/Quartz Counters, and a Spacious Bonus Room w/Built-in's and Access to the 2nd Staircase & Unfinished Attic/Storage. Pool with fiberglass design for easy maintenance. Home is centrally located close to Waverly Place, WakeMed Cary, LifeTime Fitness, Hemlock Bluffs Nature Preserve, Koka Booth Amphitheatre, Crossroads Shopping, and easy access to US-1 and I-40!
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3 BD 3 BA 1635 SF $399,900
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Move-in Ready, well-maintained home in popular Copper Creek. New Roof (2020)! Laminate Wood-Looking Floors on Main Level. Family Room has a Gas Fireplace and Crown Molding. An Arched Entry opens into the Bright Kitchen that includes Granite Counters, Cabinets with Under-Mount Lights, and a Dining Area. Owners Bedroom features a Cathedral Ceiling, Walk-in Closet, Double Vanity, Garden Tub, and Separate Shower. Nice Size Secondary Bedrooms. Relax on the Stone Patio while enjoying the Peaceful Wooded Views. And have fun splashing around in the Community Pool on those hot summer days! Close to Meridian Park and Greenway, Southpoint Mall, and just minutes to I-40 and Hwy 54.
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3 BD 3 BA 1905 SF $410,000
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Beautiful Townhome in Raven Pointe with private backyard! New Roof (2019). Hardwood Floors in Foyer, Kitchen, and Family Room. Open Floor Plan includes a Bright Kitchen and Family Room with a Cathedral Ceiling and Gas Fireplace. Popular floorplan with MAIN FLOOR Owners, Walk-in Closet and Two Additional Closets, Double Vanity, Garden Tub and Separate Shower. Another MAIN FLOOR GUEST Bedroom with Full Bath. 2nd Floor Bedroom includes a Walk-in Closet and Full Bath. Relax after a long day in peaceful Sunroom. There's also a Community Pool to enjoy on those hot summer days. Low-maintenance living as HOA handles landscaping. Close to Area Parks, Greenways, Falls Pointe Shopping, Falls Lake, and easy access to I-540!
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3 BD 1 BA 920 SF $285,000
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An Investors Dream! Completely Renovated Ranch with a New Roof, New HVAC, and New Water Heater (all in 2022). Bright Open Floor Plan with Luxury Vinyl Floors and Recessed Lights throughout. Kitchen includes Stainless Steel Appliances, Quartz Counters, Tile Backsplash, Dining Area, and Space for a Stackable Washer/Dryer. Family Room features a Brick Fireplace. Three Nice Size Bedrooms and a Jack-n-Jill Bath. Front Door has a Keyless Entry, Shared Driveway with 716 that includes Tons of Parking in the Rear of the Home. Just minutes to downtown Durham, Duke Regional Hospital, Eno River State Park, and easy access to I-85 and US-15/501. No HOA & No Covenants!
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2 BD 1 BA 765 SF $285,000
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Fully renovated ranch in the heart of Durham! Great investment opportunity. Bright Open Floor Plan with Luxury Vinyl Floors and Recessed Lights through-out. New HVAC (2022). Kitchen includes Stainless Appliances, Quartz Counters, Decorative Tile Backsplash, Dining Area, and Space in Kitchen for a Stackable Washer/Dryer. Family Room offers a Brick Fireplace. Nice Size Bedrooms share a Jack-n-Jill Bath. Covered Front & Side Porches. Front Door with Keyless Entry and a Shared Driveway with 714 that includes Ample Parking behind the house. Close to Duke Regional Hospital, downtown Durham, Eno River State Park, and easy access to major roads I-85, US-15/501! No HOA & No Covenants!
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that we have trusted real estate professionals throughout the US? These are friendships and contacts that have been built for over 20 years.
Thinking of a second home at the lake? Or the mountains? Family moving in other areas?
Call, email or text us first, we have you covered!
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REALTOR® ABR, CRS, E-PRO, CLHMS, PMN, C2EX
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Maximize the value of your home with Compass Concierge.
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Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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