The Austin Board of REALTORS® statistics continues to show how hot the market is this summer. Let’s compare the data for Cedar Park and Leander to the Texas REALTORS® 2021-Q2 Texas Quarterly Housing Report.
Cedar Park
- Average home prices increased by almost 49% in Cedar Park
- June home sales increased by 4%
- Average home price reached $573,898, almost a 50% increase from 2020
- There were 0.6 months of inventory and 59 active listings
- Leander homes spent an average of 6 days on the market
Leander
- Average home prices increased by almost 42% in Leander
- June home sales decreased by 7.2%
- Average home price reached $525,343
- There were 0.4 months of inventory and 52 active listings
- Leander homes spent an average of 11 days on the market
Texas
- Median price of a Texas home increased by nearly 20% to $300,490
- Home sales increased by almost 25% for a new high of 114,772
- Active listings decreased by 42.4%
- Housing inventory in Texas dropped to 1.4 months
- Most homes bought (30%) were in the $200,000-$299,999 range
The numbers are record-breaking locally and in the state of Texas as a whole. If you need help competing with these high home prices, contact us today! Contact Cummings Team® by clicking here or call or email: 512-619-3186 | [email protected].