The table below, courtesy of Stacey P. Anfindsen, illustrates the top 30 Cary, Apex, Morrisville subdivisions from an appreciation standpoint.   As realtors at LG Real Estate here in Cary, it’s nice to see steady long term growth in our neighborhoods.

Please review the table below and if your Cary, Apex, or Morrisville neighborhood does not appear on the list give us a call at LG Real Estate.  We will calculate your neighborhood rate of appreciation and send you a report.  Our number is 919-653-2647.

CARY/APEX/MORRISVILLE

SUBDIVISION

Avg Years

Avg PPY

# of sales

Avg Price

WALNUT HILLS

6.50

8.16%

13

$212,385

SILVERTON

4.67

7.94%

21

$229,071

PRESTON

9.28

7.78%

14

$612,321

HOMESTEAD PARK

4.94

7.62%

12

$169,875

THE RESERVE

5.71

6.96%

13

$497,000

HOLLANDS CROSSING

3.89

6.44%

14

$226,250

PRESTON VILLAGE

6.17

6.28%

27

$472,963

WHITEHALL MANOR

3.89

6.27%

16

$265,188

MACGREGOR DOWNS

8.88

6.26%

26

$499,250

MACDONALD WOODS

9.49

6.14%

13

$185,462

THE COVES

5.76

6.13%

11

$129,545

PARK VILLAGE

6.03

6.13%

44

$226,989

BROOKSTONE-CARY

6.67

6.09%

14

$313,214

CARRIAGE DOWNS

4.17

6.06%

10

$199,500

DOWNING VILLAGE/GLEN

3.14

6.06%

27

$215,481

DEVEREAUX

5.32

6.03%

14

$298,679

WELLSLEY

7.92

5.87%

19

$382,342

THE HIGHLANDS

6.98

5.86%

10

$170,400

GREENBRIER-APEX

5.93

5.83%

19

$222,711

SCOTTISH HILLS

10.98

5.79%

23

$199,891

SHEPHERDS VINEYARD

10.65

5.74%

17

$227,382

CAMERON PARK-APEX

4.75

5.65%

19

$310,526

MACARTHUR PARK

9.06

5.65%

11

$341,500

TOWN HALL COMMONS

3.89

5.64%

27

$242,130

UPCHURCH FARMS

3.78

5.63%

23

$278,457

BRIER CREEK

3.00

5.57%

60

$412,358

WALNUT RIDGE-CARY

12.09

5.56%

11

$232,318

NORTHWOODS

6.26

5.47%

15

$223,000

BRADLEY TERRACE

2.57

5.4%

11

$144,000

WEST PARK

6.98

5.35%

19

$312,211

Area Averages

6.31

6.18%

573

$281,747

The subdivisions presented above are the top 30 within the Cary, Apex, Morrisville area stated in terms of percent per year appreciation. This list is developed by taking the subdivisions with the most qualifying resale’s. The subdivision name is followed by the average percent per year gain from prior purchase price, the average years of ownership, the number of qualifying sales during the past 13 months and the average sales price of those sales.