Cary Real Estate Market Update: March 2026

The Cary real estate market stayed active in March, with prices holding strong and more inventory coming onto the market compared to earlier this year. If you are buying or selling in Cary, the latest numbers show a market that is still competitive, but with a little more breathing room than we saw in some of the tighter years.

In March 2026, the median sales price in Cary was $575,000. That was up 6.5% from February, but down 6.4% compared to March 2025. This tells us that home prices are still strong overall, even though they have softened a bit from the unusually high levels we saw a year ago.

There were 151 closed sales in March, which was a 16.2% increase year over year and a big 58.9% jump from February. That is a solid sign that buyers are still out there and willing to move when the right home hits the market.

One of the biggest shifts this month was in new listings. Cary had 254 new listings in March, up 10.0% from last yearand 55.8% from February. More sellers are clearly stepping into the market this spring, giving buyers more choices than they had earlier in the year.

At the same time, active inventory reached 301 homes, up 16.7% year over year and 3.8% month over month. That increase in inventory is helping balance the market a little more. Buyers may have a bit more leverage now than they did when inventory was extremely tight, but good homes are still moving.

The median days on market was 26 days, which is much higher than last March, up 205.9% year over year, but down 31.6% from February. In simple terms, homes are still selling, but not always instantly. Pricing, presentation, and condition matter more now.

Sellers received an average of 98.8% of list price in March. That was almost flat from February, up 0.1%, but slightly down 0.8% from last year. This is still a healthy number and shows that well-priced homes are continuing to attract serious buyers.

The median sold price per square foot came in at $256, down 2.7% from March 2025, but up 2.0% from February. This fits with what we are seeing overall: values remain steady, but buyers are paying closer attention to condition, location, and updates.

Finally, months supply of inventory was 2.0 months, which was nearly flat year over year, up 0.4%, but down 34.7% from February. Cary is still leaning toward a seller’s market, just not as intense as before.

What this means for buyers and sellers in Cary

For sellers, March was still a strong month. Prices held up well, buyer activity increased, and homes that are priced right are still selling in a reasonable time frame. But it is not the kind of market where you can overprice and expect multiple offers right away. Strategy matters.

For buyers, the spring market is giving you a few more options. Inventory is improving, and while Cary is still competitive, there is a little more room to compare homes and make thoughtful decisions than there was during the tightest market conditions.

Cary’s March 2026 market looked healthy overall. Prices remained strong at a $575,000 median sales price, sales activity picked up, and more listings came to market. It is still a competitive market, but one that is becoming a bit more balanced.

If you are thinking about buying or selling in Cary, the key right now is understanding your neighborhood, your price point, and how your home compares to what else is on the market.

Thinking about buying or selling in Cary? Blue Orchid Realty is a local Cary real estate brokerage helping Triangle buyers and sellers make smart moves with clear strategy, strong marketing, and local market knowledge. If you are considering selling, ask us about our 1.5% listing commission and how we help homeowners maximize their results with full-service support.

Contact Blue Orchid Realty to talk about your next move in Cary or the Triangle.