Market Update · Issue 07 · July 2026

Cedar ParkSingle-Family HomesMarket Snapshot · July 2026

Prepared By

Lauren A. Petty, REALTOR®

Brokered by eXp Realty

Data Source

Unlock MLS · Austin Board of REALTORS®

01 — Overview

Executive Summary

Cedar Park's single-family housing market shifted from a seller's market in June to a balanced market in July 2026.

The change was driven by a 24.2% decline in closed sales combined with a 2.6% increase in active inventory. Months of inventory rose from 2.52 to 3.41 months, while the absorption rate fell from 39.74% to 29.36%.

Pricing also softened. The closed median price declined 16.1% to $465,000, and the pending median price fell 18.5% to $439,500. Closed homes took longer to sell, averaging 43 days on the market.

Buyer leverage improved, but the market was not uniformly weak. Pending activity increased, the combined pending and under-contract pipeline grew slightly, and active inventory had a lower average market age. These mixed indicators suggest Cedar Park is experiencing a meaningful rebalancing rather than a sharp downturn.

Market Classification

Balanced Market

Months of Inventory

3.41 mo

+35.3%

Absorption Rate

29.36%

-10.38 pts

02 — By The Numbers

July 2026 Market Snapshot

Listing Activity

Closed

69

Active

235

Pending

33

Under Contract

45

Expired

7

Withdrawn

29

No HOA

56

Under $300k

2

Market ActivityJuly 2026June 2026Monthly Change
Closed6991-22 / -24.2%
Expired710-3 / -30.0%
Withdrawn2916+13 / +81.3%
Active235229+6 / +2.6%
Pending3323+10 / +43.5%
Under Contract4552-7 / -13.5%
Homes without a HOA5655+1 / +1.8%
Homes priced below $300k23-1 / -33.3%
Closings

22 fewer transactions closed

The most consequential change was the decline in closed sales — Cedar Park completed 22 fewer transactions in July while active inventory increased.

Withdrawals

Withdrawn listings jumped to 29

More sellers chose to remove their properties rather than continue marketing them under current conditions.

Pipeline

Pending up, under contract down

Combined pending and under-contract listings increased modestly from 75 to 78, providing some support for August closings.

Affordability

Entry-level supply nearly absent

Only two active homes were priced at or below $300,000 — less than 1% of available inventory. Non-HOA homes were 23.8% of July inventory vs. 24.0% in June.

Closed-Home Pricing

Closed

Median

$465,000

Average

$564,445

Avg $/Sq Ft · $221.38

Active

Median

$535,000

Average

$622,426

Avg DOM · 57.2 days

Pending

Median

$439,500

Average

$516,128

Momentum indicator

Closed Price to List Price

97.68%

Avg Seller-Paid Closing Costs

$3,244

Closed Avg Days on Market

43.0

Price Mix

Median fell far more than $/sq ft

The median declined 16.1% while price per square foot slipped only 0.6%, indicating a heavier concentration of lower-priced and smaller closings rather than an equivalent market-wide value drop.

Concessions

Smaller, but more frequent

Average seller-paid buyer closing costs fell 8.0%, yet assistance appeared in 55.9% of July closings with a reported value versus 48.4% in June.

Pending Pricing

Pending median 17.9% below active

In June that gap was only 1.1%. Lower-priced homes are currently attracting a greater share of buyer activity.

Market Time

Closings slower, inventory newer

Closed average days on market rose to 43.0 (+8.6%), while active average age fell to 57.2 days (-17.0%) as newer listings refreshed the pool.

03 — Velocity Leaders

The 3 Fastest Moving Subdivisions

Based on average days on market for July closed sales, with a minimum of two closed transactions per subdivision. Several subdivisions recorded faster results from a single closing — a two-sale minimum was applied to reduce the influence of one-property outcomes.

01

Cypress Mill

Two sales · 6 and 7 days

6.5Avg DOM
02

Crossing At Carriage Hills

Two sales · 10 and 11 days

10.5Avg DOM
03

Cedar Park Towncenter Sec 7

Two sales · 27 and 32 days

29.5Avg DOM

04 — Market Temperature

Inventory & Absorption

Months of inventory rose to 3.41 months while absorption fell to 29.36%, moving Cedar Park out of seller's-market territory. Although active listings increased by only six, the decline in closings pushed months of inventory up by more than one-third.

June

Months of Inventory

2.52

Absorption

39.74%

July

Months of Inventory

3.41

Absorption

29.36%

July Classification · Balanced Market

Absorption 29.36% (within the 20%–32% balanced range) and 3.41 months of inventory (within the 3.1–5.0 balanced range). July's measurements do not fall on a classification cusp.

June Classification · Seller's Market

Absorption 39.74% with 2.52 months of inventory.

Months of Inventory

Higher = more buyer leverage

Absorption Rate

05 — Month Over Month

July vs. June Comparison

Transaction Pipeline

Median Price Movement

Full Change Table

MetricJuneJulyChange
Closed Sales9169-24.18%
Active Listings229235+2.62%
Pending2333+43.48%
Under Contract5245-13.46%
Expired107-30.00%
Withdrawn1629+81.25%
Closed Median$554,125$465,000-16.08%
Closed Average$580,203$564,445-2.72%
Avg $/Sq Ft (Closed)$222.72$221.38-0.60%
Active Median$545,000$535,000-1.83%
Active Average$620,535$622,426+0.30%
Pending Median$539,000$439,500-18.46%
Pending Average$657,185$516,128-21.46%
Avg Seller-Paid Closing Costs$3,527$3,244-8.02%
Closed Avg DOM39.643.0+8.59%
Active Avg DOM68.957.2-16.98%
Months of Inventory2.523.41+35.32%
Absorption Rate39.74%29.36%-26.12%

07 — Looking Ahead

Forecasting Prediction

Cedar Park is likely to remain a balanced market during August 2026, with conditions continuing to offer buyers greater negotiating flexibility than they had in June.

The slightly larger pending and under-contract pipeline may support a modest recovery in closing activity. However, the sharp decline in pending prices suggests the next group of completed transactions may continue to reflect a lower price mix.

Active inventory is expected to remain elevated relative to sales. Months of inventory will likely remain near the balanced-market range unless closing volume rebounds substantially.

Sellers should expect buyers to compare properties carefully and negotiate based on condition, days on market, and competing inventory. Accurate initial pricing will remain important, particularly as withdrawn listings and slower closed-sale velocity demonstrate the risk of missing the market.

Buyers may find opportunities to negotiate below list price or request closing-cost assistance, especially on listings that have accumulated market time. Well-priced homes in desirable subdivisions can still move quickly, so negotiating power will vary by property and neighborhood.

Crystal ball with a glowing house inside, representing the market forecast

Market Classification

Likely remains a Balanced Market unless closing volume rebounds substantially.

Closed Pricing

Soft — pending medians point to a lower price mix in the next reporting period.

Days on Market

Mixed — well-priced homes still move quickly, aged listings invite negotiation.

!

Disclaimer

My predictions are bar any unforeseen events causing outliers and it's possible my crystal ball may not be functioning properly.

08 — Let's Talk

Interested in Your Neighborhood?

Lauren A. Petty, REALTOR®

Lauren A. Petty, REALTOR®

Brokered by eXp Realty

I'm a professional analyst and project manager turned REALTOR®, serving the information without sales-talk. That's exactly how I support buyers and sellers: strategy and calm so you can make clear decisions.

How I Work

  • Deep knowledge of Austin-area neighborhoods, schools, and market trends — grounded in data-driven analysis
  • Project-managed precision so details don't slip
  • A plan-first approach: clear timelines, decision points, and what happens next
  • Personalized relocation assistance and community orientation
  • Negotiation strategy that's about price + terms (concessions, option period, repairs, timelines)
  • Network of local service providers and resources