Cedar Park - Leander | July 2020

REAL ESTATE 2020EDITION COMMUNITY IMPACT NEWSPAPER IS PROUD TO SAY THANK YOU TO OUR SPONSOR

2020 REAL ESTATE EDITION

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Brohn Homes has been building in the most sought-after areas in Central Texas, with a steadfast commitment to provide superior designs, quality craftsmanship, and unparalleled value. The vision has always been to make home ownership attainable for almost any buyer. Whether it’s your rst home or an exquisite luxury home on acreage, Brohn Homes has something to meet any future homeowner’s needs. Brohn Homes also oers their Design Studio experience for each and every buyer, allowing for personalization throughout.

2020 REAL ESTATE EDITION

COMPILED BY TAYLOR GIRTMAN

DAYS ON THEMARKET AVERAGE June 2018-May 2019

201920 CEDAR PARK  LEANDER REAL ESTATE MARKET AT A GLANCE

June 2019-May 2020

29

78641

183A TOLL

78613

78717

183

In Cedar Park and Leander, median home close prices increased collectively across the area’s four ZIP codes— most signicantly in 78717—between June 2018-May 2019 and between June 2019-May 2020. The number of homes sold in the 78641 and 78726 ZIP codes increased by 19.16% and 13.61%, respectively, between the two date ranges. However, the number of closed sales decreased in the 78613 and 78717 ZIP codes.

45.58

26.67 -41.48%

45.17

23

-49.08%

78717

78613

78641 -8.58%

78626

78726

73.75

67.42

54.42

47.83

-12.11%

620

63 -7.94% Williamson County

Travis County

HOMES SOLD NUMBER OF

June 2018-May 2019

June 2019-May 2020

58

53

47

-11.32%

-1.42% Year-over-year change to average days on the market in Texas

Studying the stats

1,408

500

-10.87%

427 -14.6%

1,255 1,926

HOME SALES PRICE AVERAGE

June 2018-May 2019

June 2019-May 2020

147

-13.61%

2,295 +19.16%

127

$320,132 +3.16% $330,234

$369,999 +10.81% $409,986 $247,342 +3.40% $255,760

962

1,539

Williamson County

Travis County

+3.22%

-0.78%

993

1,527

$284,655

+2.19%

TOTAL HOMES SOLD IN CEDAR PARK  LEANDER

$290,880

June 2018-May 2019

June 2019-May 2020

Williamson County

Travis County

3.1%

3.7%

$280,546 $290,000 +3.37%

$347,418 $372,499 +7.22%

55.9%

48.3%

10.4%

12.6%

homes sold 4,104

homes sold 3,981

Studying the stats

Texas

Texas

30.6%

35.4%

$321,715 Average home price in Cedar Park-Leander between June 2019 and May 2020

$233,950 $244,160 +4.36%

SOURCE: AUSTIN BOARD OF REALTORSCOMMUNITY IMPACT NEWSPAPER

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CEDAR PARK  LEANDER EDITION • JULY 2020

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