Cary is a fast-growing city located in Wake County, North Carolina. In 1990 the population was just over 45,000. Today there are just over 174,700 people who call the city home. Cary is the seventh-largest city in North Carolina. Cary is a hub for tech and education. It sits near significant science and technology firms in the research Triangle metropolitan area.
Cary gets a little more rain than many other parts of the country, averaging 46 inches per year. The warmer temperatures in North Carolina keep snow at bay. On average, Cary only gets about 4 inches of snow per year. You can expect hot, humid summers with summer highs averaging 89 degrees Fahrenheit. It’s not uncommon to see multiple days where temperatures hit over 90 degrees Fahrenheit. Winter lows average around 30 degrees Fahrenheit.
Understanding the neighborhood where you’ll buy or sell a property is critical. There’s a well-known phrase in the real estate industry: location, location, location. When you’re buying or selling a property, the one thing that can’t be changed is the location. You’ll want to choose wisely. If you’re selling your property, highlighting the benefits of your neighborhood is a great way to attract buyers. If you’re purchasing a house, taking a closer look at the community will help you understand the market and investment potential more clearly.
Need to sell your home fast? Get an offer from Brick, fast!
Whether you’re moving on a deadline or just want to speed up the sales process to move on faster, we can help. We offer:
Fast, fair offers:
The average home sits on the market between 25 and 30 days. Once your home is under contract, it can take 45 days to close. At Brick, we’ll make a fair, cash offer within days.
No closing costs:
Selling a home can cost several thousand dollars when you factor in realtor fees, closing costs, and repairs. You won’t have any of those expenses when you sell to Brick.
Don’t worry about scheduling open houses or walkthroughs. We purchase homes as-is. We also buy properties in any condition.
Close in days:
Instead of waiting a month or more to finalize your sale and move on, sell to Brick. Once you accept the cash offer, we can close the deal within days.
Housing Market Trends in Cary
Cary, North Carolina, is a competitive market. Housing prices are up more than 40% from 2021. The average sales price for a home in Cary is $551,500. The average house is on the market for 19 days. At the same time last year, the median sales price for homes in Cary was $390,000. Homes are selling faster this year too. Last year the average home stayed on the market for 37 days.
The housing market shift becomes more noticeable when you look at the same area five years ago. The median sales price for a home at the same time five years ago was $355,202, and homes stayed on the market for 45 days.
Sunny weather makes for good home sales, as May through July typically boasts the highest sales. January is the slowest month for sales in Cary.
Tips for Selling Your Home Fast:
Significant life changes don’t always come at the most convenient times. Selling your home may be a desire, or it might be necessary. Whether you’ve decided to start a new life across the country on a tight deadline or you’re just ready to ditch your investment properties, managing your sale the right way is essential.
Check out these helpful articles for navigating the quick sale of your house:
- Need to sell a home quickly to avoid foreclosure?
- When you need to sell your home fast, what are your options?
- How to sell a house that needs work when you don’t want to do it.
Critical Tips for Selling Your Home:
Selling your home(s) can be difficult, but it doesn’t have to feel overwhelming. Taking a few minutes to prepare yourself for the sales process can make a difference when it comes time to part with your house. Here are a few things to consider:
Why are you selling?
Before you list your house or contact us for a cash offer, it helps to know why you’re selling your home. Identifying the why helps with the sales process, including setting expectations for a sales price. It can also help you emotionally process the transaction to let go of your property.
Sellers offloading an inherited property, downsizing, going through retirement, or selling because of a divorce, should consider whether their emotional attachment could make the sales process more difficult. We’ve noticed that buyers who are overly passionate about the sale are more likely to:
- Ignore staging advice
- Overprice the home
- Respond irrationally to lower offers or requests for repairs
- Fail to market to their target audience
If you’re selling because you want to liquidate your investment properties, you may need to consciously withdraw the idea of control over what happens to the property once you sell.
What are your selling needs?
Once you’ve identified why you’re selling and identified ways to emotionally detach from the sales process, it’s time to think about your needs during the sales process. Which of these are concerns you have about your upcoming move?
- Cost of relocation
- Access to equity in your property
- Ability to provide seller financing
- Time to pack and move
- Cost of realtor fees and closing costs
- Cost of repairs
- Finding a buyer to purchase the property as-is
- Desire or ability to manage walkthroughs and appraisals
Many sellers spend as much as 10% of their sales price on repairs, fees, and closing costs. Are you comfortable or able to let go of that money to sell your home on the traditional market? If your home needs extensive repairs, you may need to pay for repairs or make concessions on the sale price. If you’d rather avoid appraisals and negotiate with buyers, selling your home for cash could be better.
Prepare for signing and closing
One of the most anticipated parts of selling a house is signing and closing. This final step makes everything official. The process can be a little different depending on whether you sell your home through the traditional market or with an ibuyer.
If you sell your home on the traditional market, the sale can fall through at any point before closing. Complications with appraisal or funding could delay a sale. In worst-case scenarios, a deal could entirely fall through if a buyer isn’t approved for financing or the lender refuses to fund the loan because the property appraises for less than the offered amount.
You’ll meet with the lender and the buyers during closing and sign paperwork to finalize the sale. Before the final paperwork, your property undergoes an appraisal and inspection. The agent will do a title search, and you’ll complete any repairs or other concessions. Once the closing paperwork is filed, and the title is transferred into the seller’s name, the home is no longer yours.
When you work with an ibuyer, the closing process is different. The process is much faster because there are fewer hoops to jump through. We offer more flexibility for sellers, including the ability to control when you move out. We don’t require inspections or appraisals, and you won’t have to worry about our financing falling through. We can help you sell your home in days instead of weeks.
What does Cary, North Carolina, have to offer:
Cary, North Carolina, has a lot to offer residents and visitors, whether they’re looking for a way to explore the outdoors or opportunities to enjoy fine dining and sports events. Cary provides quick access to major universities. Located just a short 20-minute drive west of Raleigh, residents also have easy access to amenities in the state capital.
Cary is close to major universities like Duke, the University of North Carolina, and North Carolina State.
Some popular attractions in and near Cary include:
- Fred Bond Metro Park
- Hemlock Bluffs Nature Preserve
- Sri Venkateswara Temple
- Koka Booth Amphitheatre
- Downtown Park
- Apex Community Park
- Chatham Hill Winery
- Cary Arts Center
- Philips Farm of Cary
- Triangle Aquatic Center
- Village Art Circle
- Symphony Lake Greenway
- Historic Yates Mill County Park
- Bass Lake Park
- Lake Wheeler Park
- Raftery Park
- Holly Springs Cultural Center
- Ivy Ellington House
- MacGregor Golf Course
- Preston Gold Community
- Lochmere Golf Community
Links to other cities and counties