27519, Cary, NC Housing Market Trends

(Jan-Feb 2025)

We crunch the Cary data and provide the insights so that you can find your dream home.

27519 Housing Insights (Jan-Feb 2025)

Resale Price Parity Shift

- Resale ($259/SQFT) growth now outpacing new construction ($263/SQFT): not since 2018.
- 2025 resales gained +76% value since 2018 vs. new builds’ +54%.

Days on Market Polarization

- New construction DOM held at 0 days (instant sales) despite rate hikes...likely due to builder incentives.
- Resale DOM tripled since 2022 (2.5 → 23 days)

Builder Retreat

- New construction sales dropped -44% from 2021 peak (67 → 35 units)
- 2025 new construction median price drop -2.35% vs. 2024 (first decline since 2018)

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