Clear Lake Texas Real Estate - Bay Knoll Subdivision Neighborhood Statistics
Bay Knoll in Clear Lake has 660 single family homes with an average sales price this first quarter of 2009 of $181,633.
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# Homes |
Avg Sales |
Avg Days |
Avg Price |
% Change |
|
|
Sold |
Price |
On Market |
Per Ft. |
|
|
|
|
|
|
|
|
|
Q1 of 2008 |
4 |
$180,156.00 |
25 |
$ 71.38 |
|
|
|
|
|
|
|
|
|
Q1 of 2009 |
3 |
$181,633.00 |
36 |
$ 74.92 |
4.9% |
Looking at the figures, it's easy to think that my calculations are off since the average sales prices are extremely are less than 1% different. The reason for the higher dollar per foot prices in 2009 stems mainly from smaller homes being sold during that time frame. The average square footage of homes sold in 2009 was 2,394 compared to 2,524 that same time last year. Bay Knoll in Clear Lake has 660 single family homes with an average sales price this first quarter of 2009 of $181,633.
This information is straight out of the Houston MLS. Also keep in mind that 3 months is a short period of time.
One of the statistics we've heard for years is that people tend to move every 5-7 years. Not in Clear Lake! I have real estate friends in many markets who tell me their turnover is 15-20%. We Texans (there, I gave it away, yes I was born and raised here), tend to stay in our homes a very long time.
Families really tend to stay in their Bay Knoll Homes longer than normal. The average for Clear Lake is around 6.5% meaning six out of every 100 homes are sold each year. Bay Knoll homeowners stay even longer; less than 4% of the homes sell there each year.
Also see Bay Knoll House Prices 10 Year Price Trend
Thinking about selling your Bay Knoll Home?
Currently there is a 7 month inventory of Bay Knoll homes for sale.
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