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Cedar Park Homes in the last 12 months

If you look at the days on market chart above, you see that more than half of the homes that sold in the last 12 months in the Multiple Listing System sold in under 60 days.

The days on market number is the time from the listing of the home to an accepted contract being negotiated. The closing typically takes place 30-45 days from the agreed contract has been first negotiated.

So in summary, if you use the right Cedar Park Realtor, and perform your home preparations and staging correctly, the median time it will take from listing to closing is around 80 days.

Contact a Realtor if you want to sell your Cedar Park Home.

1. 

   Steam Train!

   Travel on a steam train for a day! The historic train sets off from Cedar Park in the morning and has a few hour layover at the small Hill Country town of Burnet. In addition to scheduled days out, there are special events like  murder mystery trips and days out with Thomas the Tank Engine.

2. Spelunking! There are caves in Cedar Park, and the Discovery Well Cave Preserve has a wealth of information about local flora and fauna.
3. Visit the site of the Cedar Park Event Center. This will be far more fun when construction finishes in 2010. For now you can see the event center in progress at 183A and New Hope Road.
4. Visit Lake Travis - there are many attractions on, off and in the water at Lake Travis - formed by the dam across the Colorado River. Volente Beach has a water park that is well worth the short drive from Cedar Park.

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Cedar Park Home Starts

If you look at the chart on the right from this impactnews article on Cedar Park, you can see that the population is growing, and there are less new home starts.

With the historically low interest rates we have right now we might expect a move from rent to buy, especially considering the first time home buyers tax credit available for homes closed by the end of November 2009.

Do you think that there will be a housing shortage in Cedar Park, TX - comment below and let me know!

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Cedar Park Homes

House prices in Cedar Park Texas:

The Cedar Park housing market spans a wide range of prices.

Today there are three homes for sale over $1m, and the median list price is $263,778.

The chart to the left shows the distribution of list prices.

There is a strong first time buyer element, and a strong family home buyer price range.

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In the 2007 census, it looks like Cedar Park grew by almost 40% in 7 years: http://www.muninetguide.com/states/texas/municipality/Cedar_Park.php

There are several green home rating schemes which could be adopted for a Cedar Park home seller:

1. ENERGY STAR program
2. National Association of Homebuilders program
3. LEED
4. Environments For Living

One reason that none of these are being heavily marketed to Cedar Park buyers might be that they aren’t as keen.

Another is that many of the homes in Cedar Park are less than 8 years old, and so the more modern building codes mean that homes are greener by default (thicker insulation, double paned windows, more efficient HVAC).

So the home buyer in Cedar Park gets a more energy efficient home as the home is statistically newer.

Call Garreth on 512 694 8873 to set up your home search today. Garreth Wilcock is a Realtor with Keller Williams Realty.

Most homes sold in Cedar Park are newer

Cedar Park, Texas is a growing town in Williamson County. It’s growing pretty quickly - in the 1990 census the population was a little over 5,000 people. Ten years later it had grown to over 26,000. That’s pretty rapid expansion!

This means that the overwhelming majority of homes for sale in Cedar Park, TX have been built in the last two decades. The chart below shows the distribution of year built for homes sold since the start of 2006.

Approximately half of the recently sold homes have been built after 2000.

What does mean for the home buyer in Cedar Park? Well, lead based paint is less of an issue - only 2% of the homes sold in the last three years were built before 1978.