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Cedar Park TX Home Sales 2012 | Market Report 2012 | Capitol Home Team

Cedar Park TX Home Sales 2012 | Market Report 2012 | Capitol Home Team

Homes are again selling swiftly in Cedar Park TX, nearly approaching 2007 sales numbers (shown below). As activity rises in Central Texas in general, Austin TX more specifically, and also in key suburban areas like Cedar Park TX, the improving market will be welcome news to sellers who have been waiting almost 5 years for some good news.

Average Days On Market in 2012 was only 59 days, which is less than two months and a strong indicator of a sellers market. DOM average in 2011 was 71, still healthy but not nearly as strong. Average DOM in 2007 was 54 days. See complete market statistics below the colored graphic for Cedar Park TX.

Cedar Park TX Market Report Days On Market 2012

Market Report 2012 SOLD homes
Average Price: $231,170
Average $/Square Foot: $94.27
Average Days On Market: 59
High price: $980,000
Low price: $46,222
Homes SOLD: 1,435

Market Report 2011 SOLD homes
Average Price: $225,024
Average $/Square Foot: $90.19
Average Days On Market: 71
High price: $1,000,000
Low price: $38,000
Homes SOLD: 1,159

Market Report 2010 SOLD homes
Average Price: $226,332
Average $/Square Foot: $92.80
Average Days On Market: 67
High price: $900,000
Low price: $58,000
Homes SOLD: 1,094

Compare the recent Cedar Park TX market reports to 2007

Market Report 2007 SOLD homes
Average Price: 215,678
Average $/Square Foot: $93.55
Average Days On Market: 54
High price: $920,000
Low price: $71,000
Homes SOLD: 1,451

About the area
Cedar Park TX is a city in Travis and Williamson counties in Texas. The city is a major suburb of Austin TX, the center of which is approximately 16 miles to the southeast.

The Cedar Park area was inhabited by Native American tribes including the Tonkawa, the Lipan Apache and the Comanche. In the mid-19th century it was known as Running Brushy. In 1873 George and Harriet Cluck, after having run cattle up the Chisholm Trail for years, bought 329 acres of land that included the Running Brushy spring and which formed the core of the community that would one day become Cedar Park.

Ten years later, the railroad came through. The Austin & Northwest Railroad, which connected the state capitol with the cities of Burnet and Lampasas to the north, was finished in 1882 and passed through Running Brushy and the Cluck ranch. The community was at this point renamed Bruggerhoff. In 1887, Emmett Cluck (son of George and Harriet) changed the community name to Cedar Park.

Cedar Park changed little until the 1950s and 1960s when housing subdivisions began to be built, spurred by the growth of nearby Austin. On February 24, 1973, the citizens of Cedar Park voted to incorporate. In 1978 they created the Cedar Park library.

Cedar Park is served mostly by Leander Independent School District, and is home to the Cedar Park High Timberwolves and Vista Ridge High School Rangers. Two neighborhoods, Riviera Springs and parts of Avery Ranch, feed into the Round Rock Independent School District.

The city is home to the Cypress Creek campus of Austin Community College, which was expanded in 2008. The Texas Psychological Association is also located in Cedar Park TX.

Fun facts

  • Cedar Park was incorporated in 1973 with a council-manager system of local government.
  • Cedar Park is home to two top-level minor league professional teams: The Texas Stars of the American Hockey League play. Also, Austin Toros of the NBA Development League.
  • A public skate park facility opened in 2010. The 15,000-square-foot facility features a large bowl, mini bowl and modern street course.
  • In December 2007, Cedar Park Regional Medical Center opened becoming the first major medical center in Cedar Park.

 

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Call or text @ 512-845-4204

Comment balloon 0 commentsAaron Vaughn | Builder | Investor • January 20 2013 07:31AM
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