In this video, we explore key insights shaping the real estate landscape in Southwest Wake County, North Carolina, specifically in the areas of Cary, Apex, Morrisville, Holly Springs, and Fuquay Varina!
The real estate numbers in the Cary-Apex-Morrisville area reveal a tight supply with only 25 days (0.8 months) of inventory. Notably, 38% of homes sold over the list price, showcasing the strong demand in these sought-after neighborhoods.
In comparison, Holly Springs-Fuquay Varina presents a slower market with a median home price of $485,000 and a slightly longer 34 days of supply. Despite this, savvy sellers can capitalize on the market by listing now, especially as spring approaches, potentially securing offers above the list price due to lower supply and sustained demand.
For first-time buyers, we recommend consulting with experienced agents who can connect you with lenders offering favorable terms, including options for less than 20% down payments.
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