The Cary Home Report is a weekly column that checks in on Cary’s real estate market. A new report is published each Sunday.
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What changed this week
Mortgage rates fell again. The Freddie Mac survey puts the 30-year fixed at 6.26% for the week of September 18, the lowest since early October 2024, with refinances surging
Sellers are easing off on price. Realtor.com reports active inventory up 17.6% year over year, new listings up 2.1%, days on market up 6 versus last year, and the median listing price flat annually, with price per square foot slipping.
Demand is improving, but gradually. Redfin’s latest weekly read shows pending sales up about 0.8% year over year, and prices still rising modestly nationally.
Local pulse to watch
Zillow’s index pegs Cary’s typical home value around $623,000, roughly flat to slightly lower than a year ago, with time to pending near three to four weeks.
What it means
Lower rates plus more choices are giving buyers a bit more leverage, especially on listings that sit through a full weekend. Sellers still win by pricing close to market and delivering strong presentation in week one.
Three homes for sale in Cary this week
Check the full Zillow listing for up-to-date pricing and availability.
Entry: 501 Gooseneck Dr UNIT B6, Cary, NC 27513
Listed $213,000. 2 bed, 1 bath, 993 sq ft condo with convenient North Cary access.
Mid: 103 Springberry Ct, Cary, NC 27518
Listed $700,000. 4 bed, 3 bath, 2,678 sq ft single-family home on a cul-de-sac in Lochmere.
High: 3417 Birk Bluff Ct, Cary, NC 27518
Listed $3,350,000. 5 bed, 9 bath, 9,140 sq ft on 1.43 acres in Birklands with a saltwater lap pool, theatre room, and heated floors.
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