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Leander Homes for Sale and Sold Report – December 2016
I hope you had a wonderful holidays and wish you a happy and prosperous 2017!
 
Despite the seasonal slow down in the Leander Real Estate market, there was a slight upward move in the median price of the houses sold. For the 2016 year as a whole there was a 10.5% median price appreciation, combined with a 6.2% growth in the number of houses sold, it points to a solid growth in the housing market. The most active part of the market is $200K - $500K price range as majority of the houses sold and those currently in the market for sale, fall into that category.
 
Back in 2015 Leander City Planners released the long-term housing plans with a time horizon well into the mid 2020's. It identifies residential development plan sites to build more than 14000 houses. During 2016 in the Leander area about 522 new single family homes were built, this compares to only 124 for the neighboring Cedar Park. Movement of new people into the area continues to create demand as it is evidenced by the median price appreciation of 10.5% during 2016. Considering an annual growth rate of 6%-8% for building of new homes, the city planners long term projection seem to be realistic and achievable.
 
Real Estate transactions slow down during the winter ... more

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