Cedar Park One Minute Tour by ALEX.realestate

Cedar Park is about 21 miles north of Downtown Austin. In about a minute know more about Cedar Park real estate than almost anyone! ALEX provides agents, brokers and their clients with deep intelligence and genius real estate knowledge. ALEX is the only source of Net Sale Price Statistics (Net Sale Price = Sale Price – Repairs – Seller Contributions to Closing Costs.) Let’s dive into the Cedar Park real estate market data for July 2023. CEDAR PARK JULY 2023 INSIGHTS Overall, the Cedar Park real estate market seems stable with a slight increase in average median sales and listing prices compared to the previous year. Sellers appear to be optimistic, with listing prices increasing. The market also seems to be competitive, with minimal discounts provided from the listing price. Stable Pricing: The relatively minor change in the net sale price per square foot (SF) (from $243 in June 2023 to $242 in July 2023) signifies that the per square foot value of properties has remained stable month-over-month. This indicates a market where prices are neither skyrocketing nor plummeting dramatically.Seller Optimism: The increase in average median list prices from June 2023 to July 2023, combined with the slight decrease in the average median net sale price during the same period, suggests sellers are growing more optimistic. They are listing their properties at higher prices, hoping to capitalize on a potential upward trend in the market.High-End Property Stability: The highest net sale prices and the net sale prices per SF have remained constant from June 2023 to July 2023 ($2,400,000 in both months and $473/SF). This indicates that while there may be fluctuations in the median range of properties, the luxury or high-end segment of the market is stable.Decreased Discounting: The percent of discount from the list price has decreased slightly from June 2023 to July 2023 (from 5% in June to 4% in July). This reduced need for discounting suggests a market where buyers are willing to pay closer to the list prices, which may point to a more competitive market environment.Year-Over-Year Growth: With a 4% growth in the average median net sale price from July 2022 to July 2023, the Cedar Park real estate market is showing positive year-over-year growth. This can be attributed to various factors such as increased demand, better infrastructure, and development in the area or broader economic growth.List Price Caution: Despite the year-over-year optimism indicated by the median list prices, there’s a decrease in the average median list price per SF by 9% from July 2022 to July 2023. This might suggest sellers are being slightly more cautious about the price points they choose, perhaps due to awareness of market limits or external economic concerns. CEDAR PARK JULY 2023 SOLD STATISTICS  Number of Sales: 70DOWN 18% from June 2023DOWN 24% from July 2022 Total Net Sales* Volume: $43,684,770DOWN 15% from June 2023DOWN 24% from July 2022 Days from Listing to Escrow: 9.5UP 19% from June 2023Comment: Expected based on economyDOWN 14% from July 2022 Median Net Sale Price*: $544,486DOWN 4% from June 2023Comment: Expected based on economyUP 2% from July 2022Comment: Expected based on inflation Median Net Sale Price* Per SF: $245NO CHANGE from June 2023DOWN 10% from July 2022Comment: Both expected based on economy Median Net Sale Price*: $544,486DOWN 4% from June 2023DOWN 10% from July 2022 Median List Price per SF: $245NO CHANGE from June 2023DOWN 10% from July 2022 Median List Price: $522,000DOWN 6% from June 2023DOWN 4% from June 2023 Median Discount Net Sale Price* from List Price: 1.7%UP 170% from June 2023UP 39% from July 2023 ALEX REAL ESTATE STAT PACKS About Stat PacksDownload this or any July 2023 Stat Pack ALEX currently publishes 36 Stat Packs in the Greater Austin area. If you are interested in area we are not currently publishing or have any question, contact me. I’m always available! Diane I’M ALWAYS HERE If you have any questions, I am always here. Just call, text or email me. Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate PS – If you are an Agent or Broker in Cedar Park and want to be one of the few armed with the best research, analysis, marketing and White Glove Service for your clients and for you contact me! Diane SUMMARY TABLE SUMMARY TABLE – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate DAYS FROM LISTING TO ESCROW CUMULATIVE DAYS ON MARKET – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE NET SALE PRICE PERCENT DISCOUNT FROM LIST PRICE – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER SF NET SALE PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER HOME NET SALE PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE PER SF & HIGH NET SALE PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Deep Dive – Cedar Park – July 2023 – Real estate market

In just a few minutes you will know more about Cedar Park real estate than almost anyone! ALEX Labs and ALEX Studios provide ALEX Partners (Agents and Brokers) and their clients with resources like this to have deep intelligence and have genius real estate knowledge.CEDAR PARK JULY 2023 SUMMARY Overall, the Cedar Park real estate market seems stable with a slight increase in average median sales and listing prices compared to the previous year. Sellers appear to be optimistic, with listing prices increasing. The market also seems to be competitive, with minimal discounts provided from the listing price. CEDAR PARK JULY 2023 INSIGHTS Stable Pricing: The relatively minor change in the net sale price per square foot (SF) (from $243 in June 2023 to $242 in July 2023) signifies that the per square foot value of properties has remained stable month-over-month. This indicates a market where prices are neither skyrocketing nor plummeting dramatically.Seller Optimism: The increase in average median list prices from June 2023 to July 2023, combined with the slight decrease in the average median net sale price during the same period, suggests sellers are growing more optimistic. They are listing their properties at higher prices, hoping to capitalize on a potential upward trend in the market.High-End Property Stability: The highest net sale prices and the net sale prices per SF have remained constant from June 2023 to July 2023 ($2,400,000 in both months and $473/SF). This indicates that while there may be fluctuations in the median range of properties, the luxury or high-end segment of the market is stable.Decreased Discounting: The percent of discount from the list price has decreased slightly from June 2023 to July 2023 (from 5% in June to 4% in July). This reduced need for discounting suggests a market where buyers are willing to pay closer to the list prices, which may point to a more competitive market environment.Year-Over-Year Growth: With a 4% growth in the average median net sale price from July 2022 to July 2023, the Cedar Park real estate market is showing positive year-over-year growth. This can be attributed to various factors such as increased demand, better infrastructure, and development in the area or broader economic growth.List Price Caution: Despite the year-over-year optimism indicated by the median list prices, there’s a decrease in the average median list price per SF by 9% from July 2022 to July 2023. This might suggest sellers are being slightly more cautious about the price points they choose, perhaps due to awareness of market limits or external economic concerns. CEDAR PARK JULY 2023 SOLD STATISTICS  Number of Sales: 70DOWN 18% from June 2023DOWN 24% from July 2022Comment: Both expected based on seasonal trend and economy Total Net Sales* Volume: $43,684,770DOWN 15% from June 2023DOWN 24% from July 2022Comment: Both expected based on seasonal trend and economy Median Cumulative Days on Market: 9.5UP 19% from June 2023Comment: Expected based on economyDOWN 14% from July 2022Comment: Unexpected Median Net Sale Price*: $544,486DOWN 4% from June 2023Comment: Expected based on economyUP 2% from July 2022Comment: Expected based on inflation Median Net Sale Price* Per SF: $245NO CHANGE from June 2023DOWN 10% from July 2022Comment: Both expected based on economy Median Net Sale Price*: $544,486DOWN 4% from June 2023DOWN 10% from July 2022Comment: Both expected based on economy Median List Price per SF: $245NO CHANGE from June 2023DOWN 10% from July 2022Comment: Both expected based on economy Median List Price: $522,000DOWN 6% from June 2023DOWN 4% from June 2023Comment: Both expected based on economy Median Discount Net Sale Price* from List Price: 1.7%UP 170% from June 2023UP 39% from July 2023Comment: Unexpected * Net Sale Price = Sale PriceLESS Seller Paid Repairs to Meet Buyer DemandsLESS Seller Paid Buyer Closing Costs like interest rate buydowns Just want the highlights? Here is the One Minute Tour I’M ALWAYS HERE If you have any questions, I am always here. Just call, text or email me Diane Hart Alexander, MBA, MHA, CEO, BrokerAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate PS – If you are an Agent or Broker and want to be a Cedar Park real estate genius, contact me! Best. Diane Why Join ALEX? https://www.alex.realestate/careers-why-alex CEDAR PARK SUMMARY TABLE SUMMARY TABLE – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate CUMULATIVE DAYS ON MARKET CUMULATIVE DAYS ON MARKET – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE NET SALE PRICE PERCENT DISCOUNT FROM LIST PRICE – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NUMBER OF SALES TOTAL NUMBER OF SALES – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate TOTAL NET SALES* VOLUME TOTAL NET SALES VOLUME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER SF NET SALE PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate NET SALE PRICE* PER HOME NET SALE PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER SF LIST PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate LIST PRICE PER HOME LIST PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* PER SF HIGH LIST PRICE PER SF & HIGH NET SALE PRICE PER SF – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate HIGH LIST PRICE & HIGH NET SALE PRICE* HIGH LIST PRICE & HIGH NET SALE PRICE PER HOME – July 2023 Cedar Park TX Real Estate Stat Pack – by ALEX Labs, ALEX Studios and ALEX.realestate STATISTICS LINKS Cedar Park Current Statistics One Minute TourDeep DiveStat Packs Stat Packs are reported monthly for many Austin Area Markets Cedar ParkContact me for any other Stat Pack PROJECT TEAM Teale Miller, Consulting AnalystJanez Novak, Senior Consulting AnalystGeorge Alexander, Project Lead

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Best in Texas™ in Austin: Cedar Park No. 5 Texas Boomtown. ALEX Labs. ALEX Cedar Park

ALEX Labs just completed analysis of Smart Asset‘s report on the Top 100 US Boomtown Cities. Cedar Park is No. 5 in Texas. 13 in Texas are in the US top 100:: Allen, Austin, College Station, Conroe, Denton, Flower Mound, Frisco, Lewisville, McKinney, New Braunfels, Round Rock and Sugar Land. All 13 Texas Cities are on ALEX Labs the Best in Texas™ List. CRITERIA OVERVIEW“(Analyzed the)…500 of the largest cities…(based on) seven metrics: Five-year population change…Average yearly GDP growth…Five-year growth in number of businesses…Five-year change in number of housing units…September 2022 unemployment rate…One-year change in unemployment rate…Five-year change in household income…”TEXAS BOOMTOWN CITIES TX RankUS RankCityALEX Region14New BraunfelsSan Antonio26ConroeHouston39LewisvilleDallas419DentonDallas526Cedar ParkGeorgetown633McKinneyDallas742FriscoDallas846Sugar LandHouston948Round RockGeorgetown1050Flower MoundHouston1167AustinAustin1269AllenHouston1373College StationHouston View the top 100 US Boomtowns. ABOUT CEDAR PARK Cedar Park is 21 miles northwest of Downtown Austin. Cedar Park offers easy access to Austin, Georgetown, North Austin, Round Rock, Taylor, The Domain, the Tesla Gigafactory and multiple Samsung Facilities including the new Taylor Semiconductor Plant. SEARCH CEDAR PARK REAL ESTATE Best Elementary Schools in Williamson CountyNew Listings TodayNew Listings this WeekOpen HousesSold PropertiesReducedNew Construction in Williamson County3-D & Virtual Tour HomesRentalsCommercialLots and Land55+ Communities in Williamson County Cedar Park and 40+ Cedar Park neighborhoods are on the Best in Texas™. Information about ALEX Lab’ the Best in Texas™. Get the Best in Texas™ for free for all of Texas or any ALEX Region! Subscribe for free to the LinkedIn Best In Texas Real Estate newsletter. Niche gives Travis County an “A+” Overall Grade. Niche ranks Travis County as the “#3 Best Counties to Live In Texas!” ALEX REPORT LINK FOR MORE INFORMATIONDiane Hart Alexander, MBA, MHA, Broker CEOAlexander Tiffany Southwest dba ALEX.realestateChairman, ALEX Cares v 713.591.9902o 713.918.9951e diane@alex.realestate

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