Clear Lake Texas Real Estate – Bay Knoll Statistics

Clear Lake Texas Real Estate – Bay Knoll Subdivision Neighborhood Statistics 

Bay Knoll in Clear Lake has 660 single family homes built from 1986 to 1989 with an average sales price of $181,633 this first quarter of 2009.  Built by four builders, Ryland Homes, Village Builders, Weekly Homes and Brighton, these homes range from about 2,000 feet to over 3,000.<p>

 

 

	# 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.

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!  Realtors in other parts of the country have reported 15-20% turnover in their communities.  We Texans (there I gave it away, yes I was born and raised right here in Houston) 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 turnover for Clear Lake real estate is about 6.5% meaning that six out of every 100 homes are sold each year. Bay Knoll homeowners stay even longer; less than 4% of the homes in Bay Knoll sell 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.