Leander single-family home sales jumped by 32.9 percent and Cedar Park single-family home sales fell by 1.2 percent in November 2017 compared to November 2016, according to data from the
Central Texas Housing Market Report released by the Austin Board of Realtors.
Cedar Park had 85 home sales in November while Leander had 101, according to the report.
In Williamson County overall, single-family home sales increased by 10.2 percent. The median price for Williamson County homes remained stagnant compared to November 2016 at $275,000, according to the report.
However, the median price in both Cedar Park and Leander decreased, by 4 percent to $280,000 in Cedar Park and 8.5 percent to $269,000 in Leander, the report stated.
Together, Leander and Cedar Park saw a year-over-year 24.1 percent increase in all residential home sales, including single-family, townhome and condominium housing, according to ABoR's report.
Although single-family home sales increased in Williamson County in November, single-family home sales in the nearby city of Austin declined by 3.3 percent to 653 homes, according to the report.
“Due to high home prices, stagnating job and household income growth, and ongoing development hurdles, Austin continues to lose out on economic development opportunities to surrounding suburban markets,” Brandy Guthrie, president of ABoR, said in a press release.