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How do you sell a Cedar Brook home in Leander when the builder is still selling?

By Chris Watters, Broker, Watters International Realty. Last updated October 15, 2026.

Quick answer

You sell a Cedar Brook home by pricing it against the builder’s current asking prices, because M/I Homes has 10 of the 11 homes for sale in Cedar Brook, Leander right now. None of the sales in the last twelve months was a resale, which means every buyer here has been buying new. I would price your home against what the builder is asking this month and show buyers what a new build does not have yet.

What I analyzed

Selling above $1M? Part of this market never goes online

The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.

Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.

Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.

Contact me for off-market private luxury listings you will never see online

Step 1 of 4

253 Leander homeowners have trusted my real estate team to sell their home in the MLS, and that count does not include a single buyer my team has represented. Everything on this page comes from the same MLS record I use to price those homes.

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Is it a seller's market in Cedar Brook right now?

Almost every sale behind the Cedar Brook figures was a new home from the builder, and for you as a resale owner that means the market reading below mostly describes how the builder’s homes sold. On the last 90 days, Cedar Brook is a seller’s market, with homes selling for 97.9% of their original asking price. I read that as the neighborhood overall, and the price you set against the builder’s current asking decides which market your own home is in.

That window falls mostly in summer, and here the season shows. Over the full twelve months, buyers paid 93.9% of original asking, a little under the 94.2% Leander paid as a whole. I would not price your home off the summer figure alone.

Sale price as a share of original asking in Cedar Brook Median, by period. Bars start at 80% so the differences show. Prior twelve months 92.4% (21 sold) Last twelve months 93.9% (30 sold) Last 90 days 97.9% (11 sold) Source: Unlock MLS (ACTRIS) via MLS Grid, pulled October 15, 2026.
Figure 1. Sale price as a share of original asking price in Cedar Brook, prior twelve months, last twelve months and last 90 days.

Are home prices in Cedar Brook going up or down?

Prices per square foot in Cedar Brook went down over the year, from $197 in the prior twelve months to $184 in the last twelve months. Because the typical home sold was the same size in both periods, I read that as a real change in what buyers paid per foot, and for you it means a home the same size as last year’s sales brought less per foot.

In the last three months, buyers paid $190 per square foot, up from $184 over the full twelve months. I give that rise less weight than the yearly drop, because it covers a short summer stretch and the twelve-month view takes in a full year of the builder’s pricing.

Median price per square foot in Cedar Brook By period of sale. Bars start at zero. Prior twelve months $197 per sq ft Last twelve months $184 per sq ft Last 90 days $190 per sq ft Source: Unlock MLS (ACTRIS) via MLS Grid, pulled October 15, 2026.
Figure 2. Median price per square foot in Cedar Brook, prior twelve months, last twelve months and last 90 days.

Who am I competing against if I sell in Cedar Brook?

Your main competition is M/I Homes. When I price a resale here, the homes a buyer tours on the same afternoon as yours are the builder’s, and the buyer arrives knowing what a brand-new home costs.

The typical home sold had 2,441 square feet in all three periods. It was built in 2025 over both twelve-month periods and in 2026 over the last 90 days, which means a buyer can walk a new home the same size as yours on the same day. What sets yours apart is what a new build lacks, starting with a yard that is already finished.

My team has sold 253 homes across Leander, and in a neighborhood where the builder sets the comparison, I start every pricing conversation with the builder’s current list.

Why has every home for sale in Cedar Brook already cut its price?

Every home for sale in Cedar Brook right now is priced below its original asking price, and nearly all of them are the builder’s. The median asking price today is $439,990.

That matches what the sales show. Over the last year buyers paid less per square foot while paying closer to the original asking price, and I read that as the asking prices themselves coming down, with buyers meeting them. Today’s median asking price sits below the $449,995 median sale price of the last twelve months, and a buyer walks into your home with that lower number in mind.

Cedar Brook has 4.4 months of supply against 4.6 for Leander as a whole, which puts your home against about the same amount of competition per buyer as a home elsewhere in town.

How long does it take to sell a home in Cedar Brook?

Homes in Cedar Brook have been going under contract faster. The median cumulative days to contract fell from 63 days in the prior twelve months to 40 days in the last twelve months.

In the last 90 days, the median was 27 days to contract. For you, that means buyers here decide quickly. I would keep a resale priced close to the builder’s homes, because a quick-moving buyer has an easy reason to choose new when it is not.

Sell now, or wait?

I would list now rather than wait if your home is ready. The strong summer reading came almost entirely from the builder’s own sales, and I would not count on another stretch like it to carry a higher price for a resale.

Worried that Cedar Brook buyers are choosing the builder's new homes over yours?

My Home Competitor Analysis puts your home next to the homes a Cedar Brook buyer is touring right now, builder listings included. Here is what you get:

Step 1 of 4

No obligation. The report for Cedar Brook comes first. Then I walk the home with you before we talk about price.

Your situation

If your home is a recent build close in size to what M/I Homes is selling, set your price within reach of the builder’s asking price for the same size, because your buyer compares the two on the same day.

If you need to sell by a set date, start at a price you would not need to cut. Every home for sale here is already below its first asking price, and I would rather your first price be the one that sells.

If you have no deadline, watch how many of the builder’s homes are still for sale before you list. Each builder listing is a new home a buyer can choose instead of yours, and fewer of them means fewer side-by-side comparisons on your showings.

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Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.

See the homes I would be competing against

The Home Competitor Analysis shows the homes you would have to beat, what they are asking, how long they have been on the market, which have cut their price, and how your home may compare.

Get my competitor analysis

Sources: Unlock MLS (ACTRIS) via MLS Grid, my analysis, pulled October 15, 2026. The neighborhood is the MLS subdivision name. Homes are counted by closing date. Prices as a share of original asking use each home’s original list price.

Last updated October 15, 2026. Closings: twelve months ending October 15, 2026 and the 90 days ending October 15, 2026. Homes for sale: as of October 15, 2026.

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