The Clear Lake Homes market may be down 12% this year, however the
the Meadowgreen neighborhood has held steady with 34 closed homes
through October 31st, 2009. Strangely enough, there were exactly
34 homes sold during that same time frame last year.
Meadowgreen house prices remain relatively stable with an average
sales price this year of $148,657. This compares to $149,297 last
year. The average days on the market is just under 2 months compared
to 64 days in 2008. No big change there.
The number of foreclosures in the area is unchanged as well. 2 of the
34 homes sold in Meadowgreen this year were foreclosures. Same for last
year. Clear Lake as a whole in the last 12 months has had fewer than
3% foreclosures.
Homes in Meadowgreen did sell closer to their listed price last year
at a 98.6% list to sales price ratio while the figure this year is
97%.
Currently there are 11 homes for sale in Meadowgreen; 2 of those are
under contract. That lines up well with the Clear Lake homes market
now as approximately 20% of the homes for sale here are under contract.
Meadowgreen homeowners may want to take advantage of the $6,500 tax
credit available to families who elect to buy another home. Homeowners
must have owned their home for 5 years or more to qualify.
If you own a home in Meadowgreen and are curious what your home may
be worth, you can request our free Meadowgreen house prices report.
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