Leander up, Cedar Park down in June's year-over-year home sales

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By Brian Perdue | 5:49 PM Jul 17, 2019 CDT

Leander's real estate market saw a strong June with 152 homes sold—an 11.8 percent increase in year-over-year sales for the month—according to a report issued July 17 by the Austin Board of Realtors.

Cedar Park's sales dipped 5.7% in the same year-over-year comparison after 116 homes were sold in June. Most of Austin also experienced a 1% to 10% dip in year-over-year home sales for the month, according to the report. One of the greatest drops occurred in Round Rock, where there was a 17.7% drop in year-over-year home sales for June.

When looking at midyear statistics, however, Cedar Park's sales improved. From Jan. 1 to June 30, 614 homes were sold there, a 2.2% increase from the same period in 2018.

Leander's midyear sales numbers are also strong, with a 8.3% increase—653 homes sold—during the first six months of this year compared to the same period in 2018.

In year-over-year median prices for June, Cedar Park saw a 3.9% rise to $343,000, while Leander experienced a 2.5% increase to $307,995.

COUNTY STATISTICS

Travis County experienced a dip in year-over-year home sales for June, selling 1,973 homes last month for a 2.3% drop. Year-to-date sales totals were also down 0.9%—9,379 this year.

Williamson County experienced growth in both areas, recording a modest 0.2% increase in year-over-year sales for June and a 7.3% increase for midyear sales compared to last year.

By Brian Perdue

Brian Perdue is the editor of the Cedar Park-Leander edition of Community Impact Newspaper. A native of Virginia's Appalachian Mountains, he has been a journalist since 1992, living and working in Virginia, Washington D.C., Hawaii's Big Island, Southern California and Florida before moving to Austin in 2019.

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