I just ran the numbers on Closed Sales in Cary for the 30 days ending Sunday, July 17.
Disregarding New Construction
127 Resale Homes Closed
Average Listing Agent Days on Market were 87
Average Cumulative Days on Market were 104
Shortest DOM was 2 days
Longest Cumulative DOM was 713 Days.
30 homes went Under Contract in 30 or fewer days.
Average Sale Price was $299,604
High Sale Price was $950,000
Low Sale Price was $65,000
Average Sale Price was 96.1% of the last Listing Price.
So, Sellers are getting homes Closed when they prepare them for market, price them right and hire a good listing agent.
Yes, the Cary NC real estate market is soft, but it works when aggressive Sellers put their best foot forward.