Cedar Park: Is the Market Balanced in August?

Is the Cedar Park housing market currently favoring buyers or sellers? The answer lies in the months of inventory metric, which measures how long it would take to sell all current listings at the current sales pace. In August 2026, Cedar Park recorded 2.81 months of inventory based on 70 closed sales. This figure places the market firmly in balanced territory, where neither buyers nor sellers hold a distinct advantage. A market is generally considered a buyer's market with more than six months of inventory and a seller's market with less than four months. At 2.81 months, Cedar Park is approaching the lower end of balance, suggesting steady demand relative to supply. This stability coincides with a median closed price of $480,000, which represents a 3.2% increase from July and a significant 12.9% jump compared to August 2025. The pace of sales also reflects this balance. Homes spent an average of 34 days on the market, up slightly from 32 days in the prior month but down 19% from last year. While the median price per square foot dipped 4.5% year-over-year to $214, the overall volume of sales remains robust compared to historical lows. This data indicates a market that is neither overheating nor cooling rapidly, offering a stable environment for transactions. ALEX Intelligence calculates months of inventory by dividing active listings by the trailing monthly closing rate. In this case, 218 active homes divided by an average of roughly 78 closings per month yields the 2.81-month figure. This metric serves as a primary gauge for market conditions, helping buyers and sellers set realistic expectations for timing and pricing in Cedar Park. This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 1703 Oakland DR, Cedar Park TX 78613 · MLS #4372160 Listed at $450,000, 4 bed, 2 bath, 2,260 sq ft. Listed 10% below the ALEX valuation; 7% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1169534274/1703-Oakland-DR-Cedar-Park-TX 2. 900 OAKCREST CIR, Cedar Park TX 78613 · MLS #9394597 Listed at $395,000, 4 bed, 2.5 bath, 2,548 sq ft. Listed 18% below the ALEX valuation; 28% under the local price per sq ft; price reduced 21% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186550385/900-OAKCREST-CIR-Cedar-Park-TX 3. 3007 Great Valley DR, Cedar Park TX 78613 · MLS #2862208 Listed at $294,900, 4 bed, 1.5 bath, 1,849 sq ft. Listed 17% below the ALEX valuation; 25% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1187829117/3007-Great-Valley-DR-Cedar-Park-TX 4. 1201 Deer Grove DR, Cedar Park TX 78613 · MLS #2633637 Listed at $385,000, 3 bed, 2.5 bath, 2,064 sq ft. Listed 9% below the ALEX valuation; 13% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182522461/1201-Deer-Grove-DR-Cedar-Park-TX 5. 1409 Deer Horn DR, Cedar Park TX 78613 · MLS #5046435 Listed at $475,000, 4 bed, 3 bath, 2,615 sq ft. Listed 13% below the ALEX valuation; 3% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182672802/1409-Deer-Horn-DR-Cedar-Park-TX Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951