During 2021, the real estate market in Cedar Park and Leander saw record-high home prices and low inventories.
Across the Austin metro area, 41,316 homes were sold—a 2.5% increase from 2020 and a record for the Austin-Round Rock metropolitan statistical area, according to Austin Board of Realtors' December data report. The median price reached $450,000, and the months of housing inventory ended with 0.6 months, according to ABoR.
In Cedar Park, the average home price in December was $562,830, which is a 41.5% increase from 2020. The number of closed sales decreased 22% from 2020 with 67 sales in December, according to ABoR.
Leander's average home price was $540,362 in December with 119 closed sales—a 4% decrease from 2020.
