A very popular area just outside of Raleigh is what we refer to as CAM - the Apex, Cary, and Morrisville area.
As a matter of fact Apex just made the Money Magazine Best Places to Live list. They ranked #44th. Forbes just recently named Apex the Third best place to move to in the US. The Forbes report when on to say "that 65 percent of Apex’s residents were born outside North Carolina and that 36 percent have moved a considerable distance to Apex over the past five years, usually because of a job opportunity". Guaranteed you'll never feel like an outsider in Apex!!
Doesn't get much better than that!!
So let's explore the Real Estate statistics for these areas for the month of June. Below are the final numbers for detached homes as reported in our Triangle Multiple Listing Service for Cary, Apex, Morrisville.
Active Detached homes during the month of June

Total detached homes under contract in June

Total homes closed in June

As you'll see from the graph below the sale prices are holding strong in this area albeit in this turbulent economic times.

Selling a home today even in strong areas like Cary, Apex, and Morrisvile is without a doubt something that demands a profession's expertise, and one with a strong online marketing presence. We all know real estate has changed - when almost 100% of buyers today (or someone in their family) start online don't take chances. It doesn't cost one cent more to hire an online expert that knows how to market your home to today's buyers and what needs to be done to get to the closing table...
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Previous Market & Real Estate Reports;
The numbers are out for the Raleigh Real Estate market. Let's take a look at how this market did in June.
The not so pretty news is that unemployment rate in the Raleigh-Durham area is up as the recession continued to put a squeeze on us in this area too. The federally defined Raleigh-Durham Combined Statistical Area posted an unemployment rate of 8.8
Which might help account for our dismall pending stats last month. But notice the closed transaction looks good...
Below are the final numbers for detached homes as reported in our Triangle Multiple Listing Service for Raleigh NC.
Active Detached homes during the month of June

Total detachted homes under contract in June

Total homes closed in June

Previous Market & Real Estate Reports;
About the author: Pamela is a Raleigh Realtor with The St. Peter HomeSelling Team at Prudential YSU Realty in the Triangle.
A team of passionate North Carolina Brokers dedicated to connecting their clients to success in home buying and home selling in the Triangle. Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.
For your real estate needs The St. Peter HomeSelling Team serves the following areas; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest
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This month let's look at the Real Estate statistics for all of Wake County for the month of June.
Below are the final numbers for detached homes as reported in our Triangle Multiple Listing Service which includes Apex, Cary, Fuquay Varina, Garner, Holly Springs, Raleigh, Wake Forest areas.
Remember these reports are for ALL detached homes (only) in Wake County...
Active Detached homes during the month of June

Total detached homes under contract in June

Total homes closed in June

Here's a map to get a good idea of where places are in Wake County;

Previous Market & Real Estate Reports;
Wake County Real Estate Report
Cary Apex Morrisville NC Market Report
Wake County Final Market Report for May 2009
Raleigh NC (Wake County) April Market Report
Cary NC April Market Report
Raleigh NC (Wake County) February Market Report
Raleigh NC (Wake County) January Market Report
About the author: Pamela is a Raleigh Realtor with The St. Peter HomeSelling Team at Prudential YSU Realty in the Triangle.
If you have been sitting on the fence wondering if this is a good time to buy, Prudential Carolinas Realty asked David Knox to prepare this video to explain just how the 1st time home buyers tax credit works and who qualifies!
But please don't hesitate!
If you're here in the Raleigh Cary area, remember your home must close by around 2 pm on November 30th in order for it to record at the Wake County Deed of Registers office. If it doesn't you won't qualify for the tax credit - you'll have missed the deadline.
Another thing to consider is it usually takes on average about 30-45 days from when you submit your offer to getting to the closing table.
So really your last day to decide and find that 1st home is just round the middle of October - that's only about 3 months away...
Let's get started! There's money sitting on the table...
We have much to be excited about here in the Raleigh area Real Estate world!
"If you wanted to pick a place where housing values are going
to tip around that corner and start goi ng up, Raleigh is the best pick!"
Barbara
Concoran on The Today Show
We love recognition about our area as much as we love to back up those accolades and great news with hard facts and tangible statistics.
Below we have put together a table for you indicating exactly how (and in which areas) the housing market in the Triangle is looking. The statistics indicate the market between May 1st, 2009 - June 28th, 2009, reported from TMLS (our Triangle Multiple Listing Service)

(Notice the areas where the average selling price is only a few percentages points below the average list - there are some pretty strong areas in Wake County)
Below is a map to explain the above Wake County areas mentioned:

If you have any questions at all regarding the information above or would like more detailed information about a specific area you may be interested in relocating to, please don't hesitate to give us a call.
If you'd like to learn more about real estate opportunities in the Triangle area, we're always happy to answer questions, listen to concerns and work together to create a smooth transition towards accomplishing your real estate needs.
About the author: Pamela is a Raleigh Realtor with The St. Peter HomeSelling Team at Prudential YSU Realty in the Triangle.
A team of passionate North Carolina Brokers dedicated to connecting their clients to success in home buying and home selling in the Triangle. Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.
For your real estate needs The St. Peter HomeSelling Team serves the following areas; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest
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