2022
REAL ESTATE EDITION
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REAL ESTATE DATA 2021-22 Bay Area
Data on the real estate market in the Bay Area
COMPILED BY JAKE MAGEE
Real estate market at a glance Across League City and Clear Lake, homes sold for more and spent fewer days on the market from June 2021-May 2022 compared to June 2020-May 2021. Meanwhile, the number of homes sold decreased slightly but overall remained relatively at.
225
146
77058 77059 77062 77565 77573
45
518
SOURCES: SPARROW REALTY, LEAGUE CITY COMMUNITY IMPACT NEWSPAPER
N
Average home sales price
Number of homes sold
June 2020-May 2021
June 2021-May 2022
June 2020-May 2021
June 2021-May 2022
77058
77565
$315,032
$480,882
+25.4%
+21.04%
$395,057
$582,052
77059
77573
$427,508 $402,099
$341,337
+6.32%
+10.94%
$378,676
77062
$291,602
+10.62%
$322,582
77058
77059
77062
77565
77573
Average days on market
Featured development
June 2020-May 2021
June 2021-May 2022
HILLWOOD COMMUNITIES
Developer Hillwood Communities in May announced it had acquired 540 acres in western League City to develop the area as its third Houston- area master-planned community. Once completed, the to-be-named community will include 1,250 single- family lots ranging from $400,000 to $700,000 in Clear Creek ISD. “This acquisition is another step in our plans to help accommodate the
ongoing Houston-area growth,” Hillwood Communities President Fred Balda said in a news release. “We are committed to providing thoughtfully planned, quality communities that Houston residents deserve.” Hillwood has not selected builders for the community, which will not break ground until 2024, but the company will focus on long-term sustainability, the release said.
77058
77059
77062
77565
77573
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