How did home valuations perform in Clear Lake Shores during the third quarter of 2021?

Medium realestate4

The median assessed value of a home sold in the third quarter of 2021 in Clear Lake Shores fell by $111,724 while total valuation increased by 110%, according to

From July through September of 2021, there were 21 homes sold, with a median home valuation of $210,160 - a 34.7% decrease over the $321,884 median valuation for the same period of the previous year. There were 10 homes sold in Clear Lake Shores in the third quarter of 2020.

The following table compares Clear Lake Shores to other Galveston County cities with similar median home valuations in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median ValuationJuly - Sept. 2020 Median Valuation% change (Median Valuation)
Tiki Island36352.9%$372,565$430,900-13.5%
Jamaica Beach2128-25%$324,160$314,9752.9%
Bolivar Peninsula95138-31.2%$221,010$233,175-5.2%
League City698712-2%$215,505$227,035-5.1%
Clear Lake Shores2110110%$210,160$321,884-34.7%
Bayou Vista3041-26.8%$185,815$210,000-11.5%
Santa Fe6790-25.6%$179,050$160,57011.5%

Blockshopper green logo