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78613 - Cedar Park - May Statistics

6/6/2014

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Quick update on Cedar Park for May 2014
The month averaged 500 Available homes for sale.  (This number may even be inflated a bit by a couple of condo projects starting construction.)
Closed Sales = 156 (Sales mostly from prior months that closed in May.)
Median Price = $271,000 (Half of the sales were above, half below.)
Median Days On Market = 7  !!!

The takeaway here is that half of the homes listed will sell in about a week or less.  Buyers need to be more than casually pre-approved.  I am asking buyers' agents for pre-approval letters of course.  I am also asking how many loans the mortgage broker has closed with the buyer's agent in the past few months and if documents were delivered on time.  Unless it is a mortgage officer I know and trust.
   We want to see that everything has been verified and approved by an underwriter.
   Better yet - have cash!

There are a few more ways to help your offer be the one accepted.  Of course, that's the teaser!  If you know someone needing my help, please call me to set up an introduction.

Other zip codes?  About half of them have single-digit median days on the market right now.
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Feb 2014 Austin Area Real Estate Market Statistics Are In

3/13/2014

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Picture
Thanks to Gracy Title for assembling these statistics.

While it is great to have a big picture overview of the market as a whole, it can be more important to understand the market where you live.  Or want to live.

If you are thinking about a real estate decision - Buying, Selling, Refinancing, Remodeling, even wondering what value to insure your home..

Please give me a call or email so I can help you.

Have a great month!

John

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    John Stapleton

    Real estate artist
    Broker / Owner / Founder
    Focus Realty
    Texas Monthly 5-Star Service Award Winner 2012, 2013, 2014, 2015, 2016, 2017, 2018
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Texas Information About Brokerage Services
  • home
  • 601 Pomegranate Pass
  • Lime Creek Land
  • Austin Realty Blog
  • Steps in Selling a Home
  • Full Move
  • Come Sell Our House
  • Help Us Buy a Home
  • New Clients Please Watch
  • References
  • Call Back Schedule
  • Recently Bought & Sold
  • Texas Real Estate Commission Information About Brokerage Services
  • Real Estate Marketing Photos
  • Travel Blog
  • Cabinet Painting
  • Milburn Park
  • Lakeline Metro Rail
  • Hill Country
  • Selling Process Overview
  • Contract Class
  • Big Bend Adventure
  • Lake Cedar Park
  • Search
  • Make Ready Consultation
  • Safety During Showings
  • Vendor Recommendations
  • Working By Referral
  • Steps in Buying a Home
  • Mortgage Pre-Approval Process
  • Live MLS Search
  • Cancel Insurance