Cedar Park Home Sales Trends June to July 2011
Cedar Park Home Sales Trends
Cedar Park home sales information is compared month to month to assist in determining price trends. A month to month comparison is indicative of whether the market is becoming hotter or colder. The number of Cedar Park houses sold in July showed a significant decrease from June. The average sales price per square foot saw a slight increase, and the average list price per square foot displayed a slight increase. Additionally, the average number of days for Cedar Park homes to be active on the market showed a significant decrease.
Specifically, sales of single family Cedar Park homes saw a significant decrease of 10.40% from 125 to 112 homes sold from June to July of this year. The average sales price showed a moderate increase going from $219,628 to $226,235 a change of 3.01%. The average sales price per square foot for Cedar Park displayed a slight increase of 2.47% to $90.53 . The average sales price was 97.60% of the listing price, essentially no change from the prior month. This percentage is indicative of how much the price was lowered in order to make the sale. However, the average number of days for Cedar Park homes to be active on the went from 69 to 51 for a significant decrease of 26.09%. As the number of days a home is on the market decreases it is indicative of the market heating up, and houses moving more quickly.
Cedar Park Houses for Sale
As of Wednesday, August 24, 2011there are 430 Cedar Park houses for sale. These Cedar Park homes have been active on the Cedar Park real estate market an average of 80 days with an average list price of $252,599 or $97.23 per square foot. Currently listed Cedar Park houses for sale average 2,600 square feet in size. The smaller the home, generally the higher the price per square foot for homes in similar condition. This does not always hold true, especially when you get into the luxury home market with many custom features or high end amenities. The prices for homes currently active on the market range from a low of $89,000 to a high of $999,777 . Prices range from $49.21 to a high of $504.94 per square foot. The median price per square foot for Cedar Park houses for sale is $94.62 Cedar Park homes have been active on the market anywhere from 1 to 532 days. To see actual listings visit MyFreeHomeSearches.com. If you would like personal assistance in locating a home or determining the value of a home please contact Realtor, Kelley Menefee at 512-736-0822 with Keller Williams Realty. Condos, townhomes, and mobile homes were not included in these statistics.

