One home inspection that home buyers always have performed on a Cary home is to have a licensed pest firm check for termites. Termites are very common in the Cary area and a smart buyers agent will press the home buyer hard to have the property checked out during the due diligence period of the contract.
It is also common for a home owner to carry a termite protection contract, which usually includes a repair policy for any termite damage. If the home seller has carried such a plan, the seller should let the listing agent know, and that becomes a selling point in the listing. If the plan is transferable, it is even more affordable and valuable to the home buyer.
Some folks confuse a termite plan with quarterly pest service. Those are two very different services, even though they are offered by nearly all pest and termite control firms in the Triangle area.
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.
