Residential Real Estate Report, January 2008

Residential Real Estate Report, January 2008

By Community Impact Newspaper Staff Monday, 07 January 2008

Cedar Ppark & Leander MLS AREA

2025 Tattler Dr., Twin Creeks, Cedar Park - 78613, Agent: Tatchi Lay, 258-6677, ext. 175, 5 Br./4 Ba., $376,000

1505 Davis Mountain, Cedar Park Towncenter, Cedar Park - 78613, Agent: Judy Schoening, 258-6677, ext. 106, 3 Br./2.5 Ba., $149,900

8113 Sharon Rd., Sandy Shores, Leander - 78641, Agent: Keith Estes, 258-6677, ext. 177, 3 Br./2.5 Ba., $470,000

On the market December 1 - December 31
Price Range	No. of homes for sale		Average days on market
	CLN	CLS	CLN	CLS
Less than $100,000	6	-	71	-
$100 - $149.9k	70	16	47	76
$150 - $199.9k	115	48	59	69
$200 - $299.9k	72	113	83	76
$300 - $399.9k	19	80	130	90
$400 - $499.9k	15	32	109	88
$500 - $749.9k	23	29	108	145
$750 - $999.9k	3	5	115	111
$1 Million +	3	12	92	124

Monthly home sales
Month	No. of sales		Average price
	CLN	CLS	CLN	CLS
December 2007	89	76	$172,173	$271,782
December 2006	N/A	N/A	N/A	N/A
November 2007	79	72	$181,422	$220,076
October 2007	82	66	$164,083	$234,229
September 2007	83	77	$169,123	$252,845
Beginning in 2007, the Cedar Park/Leander area was changed from Multiple Listing Service area CL, which included all of Leander and Cedar Park, to MLS areas CLN and CLS, divided by RM 1431. CLN includes most of Leander, while CLS includes most of Cedar Park. This split occurred in 2007 and therefore has no comparison figures for last year.

Key stats

• Change in average selling price over last month
  • CLN: -$9,249
  • CLS: +$51,706
• Change in number of homes sold over last month
  • CLN: +10
  • CLS: +4
• Data provided by Coldwell Banker United (www.coldwellbankerunited.com)