Cary, Apex, Morrisville Neighborhood appreciation rates
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.
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| CARY/APEX/MORRISVILLE | ||||
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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.
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