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Tuesday, November 5, 2024

Cary home prices fall in August 2019

Re 4

The median sale price of a home sold in August 2019 in Cary fell by $22,000 while total sales decreased by 0.8%, according to BlockShopper.com.

In August 2019, there were 256 homes sold, with a median sale price of $334,500 - a 6.2% decrease over the $356,500 median sale price for the same period of the previous year. There were 258 homes sold in Cary in August 2018.

The median sales tax in Cary for the most recent year with available data, 2016, was $2,943, approximately 0.9% of the median home sale price for August 2019.

The following table compares Cary to other Wake County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Brookstone110%$440,000$460,000-4.3%
Rolesville211723.5%$375,000$285,00031.6%
Morrisville3436-5.6%$340,750$320,0006.5%
Apex127130-2.3%$340,000$305,00011.5%
Angier10-$335,000$0-
Cary256258-0.8%$334,500$356,500-6.2%
Medfield Estates12-50%$325,000$396,000-17.9%
Barclay Downs31200%$307,000$323,000-5%
Holly Springs968710.3%$304,250$300,0001.4%
Willow Springs1318-27.8%$302,000$261,00015.7%
Wake Forest118130-9.2%$300,000$307,500-2.4%

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