Bay Area Texas Real Estate John Duncan

Sales in Bay Glen have started off with a BANG this year. Finally!

The average turnover in Clear Lake is a little over 6%, meaning that in any given year, 6 out of every 100 single family homes will sell. Last year in Bay Glen, that number was 70 out of the 1,389 existing homes in Bay Glen, or 5.0%.

In the first 2 quarters of 2009, there have been 47 Bay Glen homes sold. Contrast that to 36 in that same time period last year. Average market time is a bit longer at 59 days whereas last year, it was taking 46 days. Keep in mind that the days on the market is defined as the date an acceptable offer is received on the home and not the "drive out" time. Add about 30 days and you have the average length of time from the sign going in the yard, till the moving truck pulls up.

The average dollar per square foot value is almost identical at $81.97 this year, $81.75 last. While that may not seem like a big deal, no gains etc, we can be very thankful it's not down. This is a time when many parts of the country are seeing huge declines in their property values.

Currently there are 14 homes for sale in Bay Glen ranging from 1,584 to 2,287 square feet. The typical home in Bay Glen has 3 to 5 bedrooms, 2 to 2.5 baths and all have 2 car garages. Bay Glen homes were built in 1986 to 1990 by four different builders; Brighton Homes, Ryland Homes, David Weekley Homes and Village Builders.

If you're curious what your Bay Glen Home may be worth, I've created a special website just for you.

Check out Bay Glen House Prices.

Cedar Landing in League City has 366 single family homes with an average sales price this first quarter of 2009 of $174,450. Now that's only 2 homes sold as compared to 6 homes last year this time. It's difficult to compare the two years with such small numbers.

As of today there are 7 homes in pending in the Cedar Landing subdivision so my guess is that the second quarter of 2009 stands to be a good one for this neighborhood. Those pending sales range from $130,000 to $202,500.

NOTE: These are "list" prices. Actual sales prices are not revealed until the properties in Cedar Landing are closed. If recent statistics hold out however we should see an average sale of 96 to 97% of the list price. We'll see.

The average size of a Cedar Landing home is a little less than 2,200 square feet.

Cedar Landing homes were built from 1999 to 2004 by Gehan Homes, KB Homes and US Homes. The square footages available of homes in Cedar Landing vary widely with the smallest being a 3 bedroom, 2 bath at 1,639 square feet and the largest a 3,700 foot with 5 bedrooms, 3 and one half baths. Lot sizes range from 6,300 feet to about 8,500 with a handful of lots up to 12,290.

Turnover seems to be higher than many of the Clear Lake neighborhoods with an average turnover in the last 3 years of 7.3%; meaning that 7 homes out of every 100 sell in a year. Brookwood homes in Clear Lake for example has a turnover of less than 4%.

Comparable homes for sale in Claremont just down the road have an average turnover of 8.3%.

League City is the second highest selling zip code in the Houston metropolitan area so far this year according to the folks at RealEstateStatistics.com. Pretty unbelievable.

If you'd like to find out what your Cedar Landing home is worth just give me a ring or click the link.

Search League City Texas Real Estate

Clear Lake Texas Real Estate - Brookwood Subdivision Neighborhood Statistics

Brookwood in Clear Lake has 904 single family homes with an average sales price this first quarter of 2009 of $259,400.  The average dollar per square foot is down slightly this year by $1.85 representing a 2% drop.  Bear in mind this reflects only a 3 month time span. 

Also the average home sold in Brookwood was 3,004 square feet as compared to 2,943 last year.  Smaller homes typically sell for more in terms of dollar per square foot.  I did not factor in one or two story for either year. This could have a pronounced effect as well. 

The homes in the  Brookwood subdivision were built by Perry Homes, David Weekley Homes and Village Builders.  The average lot size is just right at 10,000 feet with the average home built there of 3,000 feet.  Homes range from 3 bedrooms and 2 baths to larger 5 bedrooms and 3 and one half baths. 

Brookwood homes typically have either a 2 car garage or in some cases a 3.  It's not uncommon to find extended garages there as well.  Some with 5 or 10' extensions.  One of the big attractions to Brookwood is the woodedness of the community.  Is that a word?  It's got trees, alright?!  Seriously though, our area is lacking in trees.  Seems you have to go to Kingwood or the Woodlands to find those. 

Homes were built from 1988 to 1994.  

This information is straight out of the Houston MLS.  Also keep in mind that 3 months is a short period of time. 

Families really tend to stay in their Brookwood Homes longer than normal.  The average for Clear Lake is around 6.5% meaning six out of every 100 homes are sold each year. Brookwood homeowners stay even longer.  Over the last 3 years, the average turn has been 3.7%.

Also see Brookwood homes 14 year price trend

Find out what your Brookwood home is worth

Currently there is a 5.8 month inventory of Brookwood homes for sale. 

The numbers are almost all flat across the board. The average sales price in the first quarter of 2008 was $183,792 compared to $183,875 the first quarter of this year. The number of days on the market was 82 this year and 91 last.

What is different however is the number of homes sold this first quarter. Four homes sold this year as compared to 7 last year at this time.

Claremont was built by two well known builders, Lennar Homes and Perry Homes. Lennar has it's headquarters in Miami, Florida and was founded in 1954. Currently they build in 17 states. Perry Homes was founded in 1967 by Bob Perry and builds only in the state of Texas. Interestingly, Perry Homes has had a couple of years where they built more homes than any other builder in the country while staying within the Texas borders.

Claremont homes range in size from slightly less than 1,700 square feet to over 3,200 with the average home size being about 2,400 feet. Lot sizes in the Claremont subdivision are from 6,500 to about 9,500 with a very few handful in the 10,000 to 14,000 square foot size. The average for a home in this area is about 8,200.

A typical home in the Claremont neighborhood will have 3 to 4 bedrooms, 2 to 2 and one half baths and a 2 car garage; usually attached. Approximately 8% of the homes in Claremont have a 3 car garage.

Right now there are only 4 Claremont homes for sale.

Free Claremont House Prices Report

Search ALL homes for sale in League City Texas

The Claremont subdivision is served by the Clear Creek Independent School District

See also Houston Texas Real Estate Market - A Healthy 2009

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.

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.