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You'll notice in the data below that Cary, Apex and Wake Forest are not experiencing the same price increases as other towns in the Triangle. Remember that this data is based on the median price, so for example, homes in Cary in the $200's may still be seeing larger price increases, but that median price point of $373,000 does not appear to be continuing the increase as quickly as it has in the past.
If you are in Cary or Apex and in the $300k price point or above, and have been considering selling, now might be a good time to pull the trigger.
2018
Triangle Midyear
Market Update
January 2018 - June 2018
Wake County
KNightdale
Median Price
2017 .............. 240,000
2018 .............. 256,000
⇧ 6.6 %
Days on Market
2017 .............. 10
2018 .............. 2
⇩ 80%
Expired Listings
2017 .............. 30
2018 .............. 15
⇩ 50%
About the Author Ellen Pitts
Ellen is the founder of Harmony Realty, a socially conscious realty company. Ellen believes in empowering her clients through education and open communication. Ellen is a number-cruncher at heart and takes great pleasure in following and analyzing the trends of the housing industry. She loves communicating the big picture to her clients and helping them to understand how the market affects their sale or purchase. Her honest and down-to-earth approach allows her clients to make informed and intelligent decisions to get the most out of their offers and negotiations.
Cary Market Report
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