Real EstateCedar Park

Cedar Park, Leander see decreased home sales, new listings in April

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Zacharia Washington

1 min read

Published May 17, 2022 at 1:08 p.m. CT

Cedar Park, Leander see decreased home sales, new listings in April — Cedar Park and Leander note a drop in residential home sales and new listings for the month of April. (Zacharia Washington/Community Impact Newspaper)

Cedar Park and Leander have seen a downtick in April residential home sales and new listings compared to April 2021, according to the Austin Board of Realtors’ monthly Central Texas Housing Market Report. ABoR President Cord Shiflet encourages prospective homebuyers to be prepared for the search process as it has become longer and more difficult than before.

“Whether looking to buy or rent, the home search process in Central Texas is a much longer and more complex process than it used to be,” Shiflet said in the May 17 press release. “One of the biggest mistakes realtors see prospective homebuyers make is not having a game plan before beginning the search process.”

In Cedar Park, a total of 88 homes were sold in April—a 30.7% decrease compared to April 2021. Leander had a total of 99 home sales in April—a 29.3% decrease compared to 140 homes sold in April 2021.

Leander also saw a small drop in new available homes listed on the market with 146 new listings in April, which is a 5.2% decrease compared to last year in April. Cedar Park had a total of 122 new listings—a 14.7% fall compared to April 2021.

“We are far from a healthy number of homes for sale in our market, so any increase in housing stock, no matter how small, is a welcome sign for people looking to buy,” Shiflet said in the release.

Both Williamson County and Travis County noted a downturn in overall home sales and new listings for the month of April, according to ABoR data. Shiflet, however, reassures potential homeowners that the fluctuations in the greater Austin housing market are typical, and now is still the time to start the home buying process.

“The ups and downs we are seeing in our market are normal and somewhat expected considering the fast pace at which our market has moved over the past two years,” he said in the release. “If you want to begin building equity through homeownership, or if there is a specific area you want to live in, the time to plant your flag is now.”