League City Texas Real Estate – Cedar Landing Neighborhood Statistics

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. 

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