Hello Friends, welcome to May!
The summer weather has arrived, which means the pools are opening and the lawn mowers are humming. Just the same, our local real estate market is staying hot with homes selling very quickly and the median sale prices are much higher than a year ago. We are pleased to report we are having lots of success with buyers and home purchases. Our strong offers, relationships with local agents, and HUSTLE are more important than ever!
We are experienced agents who can help you navigate today's market and get you "home."
Let us take a look at the most recent stats from the Triangle MLS for the "entire Triangle" and the "Cary/Apex/Morrisville" areas.
MARKET UPDATE
(Entire Triangle)
March 2021 vs March 2022
NEW LISTINGS: 4513 vs 4365 -3.3%
CLOSED SALES: 3918 vs 3736 -4.6%
MEDIAN SALE PRICE: $317,950 vs $394,950 +24.2%
PERCENT OF LIST PRICE RECEIVED: 101.6% vs 104.5% +2.9%
DAYS ON MARKET UNTIL SALE: 17 days vs 13 days -23.5%
INVENTORY OF HOMES FOR SALE: 2961 vs 2093 -29.3%
------------------
(Cary/Apex/Morrisville only)
NEW LISTINGS:
526 vs 456 -13.3%
CLOSED SALES:
469 vs 347 -26%
MEDIAN SALE PRICE:
$391,000 vs $535,000 +36.8%
PERCENT OF LIST PRICE RECEIVED:
102.2% vs 108.7% +6.4%
DAYS ON MARKET UNTIL SALE:
12 vs 7 -41.7%
INVENTORY OF HOMES FOR SALE:
247 vs 174 -29.6%
------------------
|
Thinking of selling in 2022?
Now is a great time to sell and
w
e would be happy to assist.
Give us a call today to get started!
|
Did you know 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 got you covered!
|
Run for an amazing cause! Our team is sponsoring and organizing this 5K to raise money for childhood cancer. On top of helping this cause, you get a race t-shirt and a chance to win up to $500 in Amazon gift cards! Join the Facebook event and use the link there to make your donation and sign up for the run!
|
|
|
Fest In the West
When: May 7
Where: Academy Street, Downtown Cary
Come for the music, compete in a contest, and purchase unique items in the Village of Arts and Crafts. You will find two stages of entertainment featuring some of the best talents in the Triangle. Food trucks in all areas and even the beer garden is centrally located. Also, bring your kids for fun family activities, like a corral, and an adorable Petting Zoo. Learn more.
|
Apex PeakFest
Celebrate the Peak of Good Living at PeakFest! Downtown Apex is transformed into a spectacular street fair, featuring festival food, 200 arts and crafts vendors, live entertainment, and roving street performers. Learn more.
|
|
|
|
How to Mix Bold Colors in Your Home
Designers say that color has the ability to transform a house into a home. And yet, so many people still feel a bit hesitant to use vivacious shades in their interiors, fearing it will make the space feel overwhelming. Consider this a colorful playbook for your home refresh!
Courtesy of Veranda
|
How Mother's Day Became a National Holiday and How to Celebrate in 2022
Moms truly are superheroes, so it's only fair that we have a whole day dedicated to them. Mother's Day is all about celebrating moms and mother figures everywhere. These days, the holiday is often celebrated with cards, gifts, and breakfast in bed, but it wasn't always that way. The holiday has a fascinating history filled with inspiring women that's worth learning about.
|
|
4 Bed | 3 Bath
3,280 SF |
$750,000
|
|
8 Townhomes and 7 Studio Apartments
|
|
4 Bed | 3.5 Bath
2,110 SF | $395,000
|
|
4 Bed | 2.5 Bath
1,855 SF |
$370,000
|
|
5 Bed | 4.5 Bath
4,845 SF |
$899,900
|
|
|
© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker. All material is intended for informational purposes only and 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 or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity.
marketingcenter-raleigh-durham-raleighsubmarket |
|
|
