State Of The Cedar Park Housing Market With Marty Kelly at Keller Williams Realty
Mar 25, 2023 LEANDER
Cedar Park TX, a city located just northwest of Austin, has been experiencing a shift in its housing market over the past year. Today, we’re going to discuss the state of that market, and what it may mean to you as a potential buyer or seller.
According to recent data, the median sales price has dropped by 26% year over year. Meanwhile, active listings have increased by a staggering 538% compared to the previous year.
The months of inventory have also gone up from 1.2 months to 1.3 months year over year. This means that the market has shifted from a seller’s market to a buyer’s market, giving homebuyers more options to choose from.
This is good news for those looking to purchase a home in Cedar Park as they can now get more house for their money.
However, days on market have increased to an average of 94 days. This means that homes are staying on the market longer, giving buyers more time to negotiate and potentially get a better deal.
Despite the current market conditions, Cedar Park remains an attractive place to live with its highly-rated schools, numerous parks and trails, and proximity to Austin. So, whether you’re looking to buy or sell a home in Cedar Park, it may be time to call me.
active listings have increased by a staggering 538% compared to the previous year…months of inventory have also gone up from 1.2 months to 1.3 months year over year…days on market have increased to an average of 94 days.
I can’t imagine how those numbers can exist together.
From the 1:29 video:
State Of The Cedar Park Housing Market With Marty Kelly at Keller Williams Realty
Mar 25, 2023 LEANDER
Cedar Park TX, a city located just northwest of Austin, has been experiencing a shift in its housing market over the past year. Today, we’re going to discuss the state of that market, and what it may mean to you as a potential buyer or seller.
According to recent data, the median sales price has dropped by 26% year over year. Meanwhile, active listings have increased by a staggering 538% compared to the previous year.
The months of inventory have also gone up from 1.2 months to 1.3 months year over year. This means that the market has shifted from a seller’s market to a buyer’s market, giving homebuyers more options to choose from.
This is good news for those looking to purchase a home in Cedar Park as they can now get more house for their money.
However, days on market have increased to an average of 94 days. This means that homes are staying on the market longer, giving buyers more time to negotiate and potentially get a better deal.
Despite the current market conditions, Cedar Park remains an attractive place to live with its highly-rated schools, numerous parks and trails, and proximity to Austin. So, whether you’re looking to buy or sell a home in Cedar Park, it may be time to call me.
active listings have increased by a staggering 538% compared to the previous year…months of inventory have also gone up from 1.2 months to 1.3 months year over year…days on market have increased to an average of 94 days.
I can’t imagine how those numbers can exist together.
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Hans must be gorging on the caw platter.