About Clear Lake City's Bay Glen

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.

There's a new kid in town.

Wouldn't you know it. Just as I posted about <a title="Bay Glen Market Activity" href="http://houstonrealestatehomesandmortgages.wordpress.com/2009/04/09/clear-lake-texas-real-estate-bay-glen-subdivision/" target="_blank">market activity in the Bay Glen neighborhood</a> in Clear Lake City, another new listing becomes available.

And it's a beauty.

I'm not the listing agent but she sure must be proud. This home has tons of updates. I'll be very surprised if it's not snapped up this week. Built by Brighton Homes in 1987, it features 4 bedrooms, 2 and one half baths and an upstairs gameroom.

Here are a list of updates:
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· Porcelain Tile on first level

· Harwood entrance in foyer

· Maple Hardwood stairs &amp; on 2nd level

· Granite countertops in kitchen

· Solar screens on all windows

· Spacious covered deck (great for those springtime barbeques!

· Hardiplank siding in July of 2006

· A/C &amp; Furnace replaced in 2005

· Roof replaced in 2004 (Makes for a happy insurance carrier!)

· Dishwasher 2008

• Fresh interior paint

This home is beautifully landscaped. Be sure and check out the backyard. You can see this <a title="1503 New Cedars" href="http://www.bayareapropertiessearch.com/listing/mlsid/113/propertyid/18605495/" target="_blank">Bay Glen home </a>in it's entirety. If you like what you see, give me a ring and we'll go take a look this weekend.

Considering selling your Bay Glen home? Get a free <a title="Bay Glen House Prices" href="http://www.24hourhouseprices.com/bayglen" target="_blank">Bay Glen House Prices </a>report.

Clear Lake Texas Real Estate - Bay Glen Neighborhood

There seems to be a lot of speculation going on about real estate prices right now and it's important to remember- real estate markets are local. It is easy to get caught up in what the media would have you to believe and that is, all real estate is in proverbial toilet. We've got the national economy, the local one and hurricane Ike thrown in for good measure.

I'm looking for a GREAT deal!

Hey! Who isn't? In the Bay Glen neighborhood, the number of homes closed in the first quarter of 2009 was 16. This compares to 22 last year. The average sales price this year was $168,481 compared with $162,937 last year. Market time or days on the market certainly has been to the home sellers advantage this year with the average number of days from list date until accepted contract 61 days.

Last year the number of days on the market in the Bay Glen community was 88.

Bay Glen has always been a great neighborhood in which to own a home. It's convenient to I-45 where you can turn south and be in Galveston in 35 minutes or in Houston in 20.

Currently there are 10 homes for sale in the Bay Glen subdivision. With the inventory existing and based on homes that are being absorbed (sold), there are 1.8 months of inventory meaning if nothing new came on the market in Bay Glen, all homes currently for sale would be gone.

If you own a home in Bay Glen and want more information, you can check out our free Bay Glen House Prices Report.
Or if you're looking for another home in the area, you can search all Clear Lake Texas real estate on our website.

Watch for other neighborhood statistics coming soon.

Just who is John Duncan?

Bay Glen Neighborhood - Clear Lake Texas

There seems to be a lot of speculation going on about real estate prices right now and it's important to remember- real estate markets are local.  It is easy to get caught up in what the media would have you to believe and that is, all real estate is in proverbial toilet.  We've got the national economy, the local one and hurricane Ike thrown in for good measure.

With that said, let's talk local...

In the Bay Glen neighborhood, the number of homes closed to date is 66.  Guess what that figure was last year?  If you guessed 66, you're dead on.  Almost scary isn't it?  Now then, what happened is that our pre Ike numbers were up and as you can imagine, our post Ike numbers are down.

Through August of this year we had 59 sales where last year there were 52.  Since that time we have had 7 closings versus 14 last year during that same time period.

Bay Glen neighborhood inventory is as low as I've seen it in a very long time.  Currently there are a total of 17 homes for sale in Bay Glen.  In times past, I've seen as many as 62!  As a matter of fact, a few weeks ago, there were only 10 homes for sale in Bay Glen.  Unbelievable.  This year, the number has been running around 30 or so. 

Of the 17 homes for sale, 5 are under contract.

With the inventory existing and based on homes that are being absorbed (sold), there are 1.9 months of inventory meaning if nothing new came on the market in Bay Glen, all homes currently for sale would be gone.

Prices in the Bay Glen neighborhood are up 1.89% over last year while the average number of days on the market remains relatively unchanged at 53 days this year/ 55 days in 2007.

If you own a home in Bay Glen and want more information, you can check out our free Bay Glen House Prices Report. 

Or if you're looking for another home in the area, you can search all the homes for sale in the Clear Lake area.

Watch for other neighborhood statistics coming soon...

Clear Lake TX Houses: August Market Statistics 2008 Vs 2007 Focus on Bay Glen

For this report we wanted to focus in on Clear Lake Tx Houses in the Bay Glen Real subdivision.

August 2008 Sold Properties

In August of this year, there were 4 Sold homes in Bay Glen in Clear Lake, TX. The Average Price was $168,450 and the Median Price was $171,450. The average DOM (days on market) was 83 and the average list to sales price ratio was 99.6%.

The average dollar per square foot was $78.19.

August 2007 Sold Properties

In August of 2007, there were 8 Sold homes in Bay Glen in Clear Lake, TX. The Average Price was $164,515 and the Median Price was $160,950. The average DOM (days on market) was 51 and the average list to sales price ratio was 99.3%.

The average dollar per square foot was $81.60.

The average size home sold in August of 2007 was 2,016 as compared to 2,154 this year.

Currently active as of 9/4/08

Currently there are 16 homes for sale in the Bay Glen subdivision with an Average Price of $173,732. 5 of those homes are under contract. The number of homes for sale is quite low compared with many other time periods. I have seen as many as 56 homes for sale in that subdivision at one time.

Whether looking for a home in the Bay Glen subdivision, or for other Clear Lake Tx hosues, you can go to our website to search for homes.

If you own a home in Bay Glen and are curious what the home might be worth, we've created a website just for you. You can get a free report to Bay Glen House Prices at www.BayGlenReport.com

*Note these Clear Lake Tx Houses stats are accurate as o f9/4/08 according to the Houston MLS. They are subject to change as agents submit listed and sold properties into the MLS.

See also Bay Glen July 2008 Stats