Is Clear Lake Shores, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clear Lake Shores is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Clear Lake Shores was a Buyer's Market.

Key Takeaway

Clear Lake Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clear Lake Shores, TX

How much do homes in Clear Lake Shores, TX cost?

Median Sold Price

$375,625

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$82,625(-18.0%)

Key Takeaway

Homes in Clear Lake Shores have sold for 18% less than they did a year ago.

Summary: The median home sold price in Clear Lake Shores was $375,625 in November 2024, down 18% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $299.9K$154.5K
-48.5%
2 $322.5K$302.3K
-6.3%
3 $490K$545K
+11.2%
4 $710K$675K
-4.9%
5+ --
N/A

Summary: Clear Lake Shores housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.5%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Texas City-League City
+4.1%
Southeast Harris
0.2%
Seabrook
-1.1%
Kemah
-11.3%
Clear Lake Shores
-18.0%

Housing Supply in Clear Lake Shores, TX

How many homes are available in Clear Lake Shores, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Clear Lake Shores real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 57
+40.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Clear Lake Shores housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clear Lake Shores, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Clear Lake Shores in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Clear Lake Shores, TX

How long does it take to sell a home in Clear Lake Shores, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days46 Days+78.8%

Summary: Homes in Clear Lake Shores had an average of 46 days on market in Nov 2024, up by 78.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clear Lake Shores are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Clear Lake Shores; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Clear Lake Shores, TX

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