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.
There were 0.3 months of inventory at the end of 2021 in both Cedar Park and Leander, according to December data.
See how the real estate market changed in 2021 in your community based on the Austin Board of Realtors' monthly data reports.