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Saturday, May 4, 2024

Cary home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Cary rose by $30,500 while total sales decreased by 2.5%, according to BlockShopper.com.

In July 2019, there were 271 homes sold, with a median sale price of $390,000 - a 8.5% increase over the $359,500 median sale price for the same period of the previous year. There were 278 homes sold in Cary in July 2018.

The median sales tax in Cary for the most recent year with available data, 2016, was $2,943, approximately 0.8% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Brookhaven110%$756,000$440,00071.8%
New Hill31200%$512,500$365,00040.4%
Cary271278-2.5%$390,000$359,5008.5%
Morrisville40385.3%$363,500$294,75023.3%
Lake Anne21100%$348,250$252,50037.9%
Wake Forest1181089.3%$335,000$314,5006.5%
Apex138152-9.2%$325,500$321,2501.3%
Deerfield13-66.7%$325,000$175,00085.7%
Rolesville1220-40%$323,750$301,2507.5%
Holly Springs93921.1%$312,500$322,000-3%
Angier3250%$295,000$298,250-1.1%

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