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The numbers seem to be getting a little better in the Clear Lake Texas real estate market.
Last year in the Brookwood subdivision of 904 single family homes, there were 14 home sales in the first 2 quarters. This year there were 22. And prices of Brookwood homes are actually UP! That's great news for Brookwood homeowners. The average sales price last year was $267,000 while this year the average sales price was $277,869.
The average number of days on the market has remained fairly constant at 60 days last year and 62 this one.
My best guess is that this year will end up significantly better than last due to our Mr IKE. Yeah, I know...the year's not over yet but I can certainly hope this year is not a repeat. At least I hope not. The last quarter of 2008 really tanked.
The Brookwood neighborhood was built in 1988 through 1994 by 3 primary builders; David Weekley Homes, Perry Homes and Village Builders. Homes range from a little over 1,800 feet for the smaller patio homes to over 3,700 square feet. Homes typically have 4-5 bedrooms with a small handful of 2 or 3 bedroom homes (mostly patio homes). Brookwood homes generally have 2 - 3 full baths and one to two half baths.
You can see Brookwood homes for sale here.
If you own a home in Brookwood, be sure and check out our Brookwood house prices report.
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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.
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# Homes |
Avg Sales |
Avg Days |
Avg Price |
% Change |
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Sold |
Price |
On Market |
Per Ft. |
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Q1 of 2008 |
4 |
$259,575.00 |
95 |
$88.20 |
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Q1 of 2009 |
5 |
$259,400.00 |
59 |
$86.35 |
N/A |
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.
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Clear Lake Texas Homes for Sale: August Market Statistics 2008 Vs 2007 Focus on Brookwood
For this report we wanted to focus in on Clear Lake Texas Homes for Sale in the Brookwood subdivision.
August 2008 Sold Properties
In August of this year, there was 1 home sold in the Brookwood subdivision in Clear Lake, TX. It was listed at $329,900 and sold for $330,000 and $108.83 per square foot. The home was on the market 26 days and was 3,032 square feet.
It was situated on almost a half acre lot and included an in-ground gunite pool.
August 2007 Sold Properties
In August of 2007, there were 4 Sold homes in Brookwood in. The Average Price was $268,750 and the Median Price was $261,750. The average DOM (days on market) was 37 and the average list to sales price ratio was 98.4%.
The average dollar per square foot was $89.68. The average size home was 2,996 square feet.
Currently active as of 9/4/08
Currently there are 16 homes for sale in the Brookwood subdivision with an Average Price of $296,056. That's as many homes for sale in the Brookwood neighborhood as I've seen in a very long time.
Whether looking for a home in the Brookwood subdivision, or for other Clear Lake Texas Homes for sale, you can go to our website to search for homes.
If you own a home in Brookwood and are curious what the home might be worth, we've created a website just for you. You can get a free report to Brookwood House Prices at
*Note these Clear Lake Texas Homes for Sale stats are accurate as of 9/4/08 according to the Houston MLS. They are subject to change as agents submit listed and sold properties into the MLS.
See also Brookwood July 2008 Stats
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