Cambridge Heights Market Update: Prices Dip as Sales Slow

Median home prices in Cambridge Heights dropped to $314,280 over the trailing 12 months, a decline of 6.6% compared to the prior period and the same window last year. This update covers 21 closed sales where homes sold for an average of $196 per square foot, up 2.2% from the previous six-month window. The market moved faster this cycle, with the median days on market falling to 22 days, a 35.3% improvement over the prior period. Sellers achieved closer to their original asking prices as well; the median close-to-original list ratio rose to 0.997, up 3.3% from the prior period. Fewer homes sold below their original list price, with that share dropping to 52.4%, down 27.4 percentage points compared to the prior window. Current inventory remains tight with only 4 active listings and a months of supply reading of 2.4 months based on the last six months of sales activity. The median living area for sold homes was 1,599 square feet, down 16.4% from the prior period. While specific peer city data is not available for a direct neighborhood comparison in this report, these figures reflect the local supply and demand dynamics within Cambridge Heights. ALEX Intelligence estimates market conditions based on Unlock MLS data; these figures are not appraisals. Want more detail on Cambridge Heights, Round Rock? Ask George for the full neighborhood report. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog