Home Sales in Cedar Park area have seen a steady price improvement, month-to-month as well as year-to-year, as inventory levels remain healthy. Currently the average days-on-market (DOM) for Cedar Park homes for sale is 60 days. As we move into the summer peak season for selling houses (May through September), the number of houses for sale (and sold) is expected to rise and the average days on the market is expected to get shorter to around 40 days. This is good news for the sellers!
Five homes from the inventory of Cedar Park homes for sale are currently under contract, this represents %3.75 of the overall available inventory of 133 homes. Charts below summarize the last year’s activity in Cedar Park area.
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During the month of February 65 houses were sold in Cedar Park. Nearly half of these sales (29) happened in less than a week, so if the house is priced right, it will sell quickly. A few highlights of the current Leander homes for sale are shown below and represent a good cross section of available properties.
This Month’s Least Expensive
One of the least expensive houses for sale in Cedar Park is a 1,864 square foot house with 3 bedroom and 2 bathroom on a 7187 square feet lot, it is listed for at $167,500. It came on the market just a couple of weeks ago. It would be a great home for a first time home buyer or an investor looking for a rental property with positive cash flow. (schedule a showing)
This Month’s Must See
For this month’s pick of the month, there are some great houses for sale in Cedar Park to choose from. A two story, 4 bedroom, 2,993 square foot house on ‘Brook Meadow Trail’ is listed for $375K. It has a great interior design with vaulted ceiling and a great open kitchen. The layout of the home and the interior design give it the feel of a more spacious home (schedule a showing)
This Month’s Most Expensive
Last, but certainly not the least, the most expensive of the homes for sale in Cedar Park this month are a pair of houses being built by the Standard Pacific home builder on the The Bluffs at Twin Creek. They are 4 or 5 bedroom houses around 4700/4800 square feet with all the amenities. The prices are $800K and up, depending on the options. The Bluffs at Twin Creek is a great neighborhood with amenities such as a Club House, Dog Park, Fitness Center, Private Golf Course, Jogging and Biking Path, Park, Community Pool, etc. (schedule a showing)
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