First the good news: Single-family home sales in Leander-Cedar Park spiked 10 percent—to 373 sales—in August compared to August of last year, according to the Austin Board of Realtors monthly real estate report.
However, the median selling price for single-family homes in Leander-Cedar Park dropped 5.5 percent—to $322,000—over the same period, according to ABoR.
The dip came in Cedar Park, where the median selling price dropped 17.7% in August compared to August of last year, according to the report. The median price for homes sold in Cedar Park during August was $298,738.
However, Cedar Park’s total number of sales—107—and price per square foot—$147—for August increased 8.1% and 3.1% respectively in year-over-year comparisons, according to ABoR.
In Leander, the median selling price for August increased 1.5%—to $308,975—compared to August 2018. Leander’s total number of sales—109—and price per square foot—$142—for August increased 11.2% and 0.4% respectively in year-over-year comparisons, according to the report.
In Williamson County, single-family home sales for August increased 8.3%—to 1,137 homes sold—while in Travis County, single-family home sales increased 4.3% to 1,526 homes sold.
In August median home prices, Williamson County remained at $295,000—the same as August 2018—while Travis County increased 2.4% to $380,000, according to ABoR.