Residential Real Estate Report and Market Data — November 2007

Residential Real Estate Report and Market Data — November 2007

Wednesday, 07 November 2007

On the market (October 1-31)
Price Range	No. of homes for sale		Avg. days on market
	CLN*	CLS*	CLN	CLS
Less than $100,000	6	-	59	-
$100 - $149.9k	88	23	68	47
$150 - $199.9k	124	58	65	62
$200 - $299.9k	52	140	59	72
$300 - $399.9k	21	81	88	95
$400 - $499.9k	8	33	95	73
$500 - $749.9k	20	31	97	104
$750 - $999.9k	5	9	56	127
$1 million +	1	15	145	154

 

Monthly Home Sales
Month	No. of Sales		Average Price
	CLN	CLS	CLN	CLS
October 2008	82	66	$164,083	$234,229
October 2007	N/A	N/A	N/A	N/A
September 2008	83	77	$169,123	$252,845
August 2008	109	96	$186,902	$238,081
July 2008	124	121	$167,002	$239,050

Key Statistics

• Change in average selling price during last year
  • CLN: -$5,040
  • CLS: -$18,616
• Change in number of homes sold during last year
  • CLS: -1
  • CLN: -11

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.

Data provided by Coldwell Banker United (www.coldwellbankerunited.com)

602 Timbergrove Ct., Buttercup Creek, Cedar Park - 78613, 4 Br./2 Ba., $149,000, Agent: Bernice Schaffer, 258-6677, ext. 222

1400 Encino Drive, Vista Ridge, Leander - 78641, 4 Br./2.5 Ba., $170,000, Agent: Mary Battaglia, 258-6677, ext. 115

2201 Bindon Drive, Twin Creeks, Cedar Park - 78613, 4 Br./2.5 Ba., $309,925, Agent: Judy Schoening, 258-6677, ext. 106