Builder Community Research

Coventry Homes Towne Lake

From May 27th, 2024 through November 23rd, 2024

Units Sold:

152

Average Sold Price:

$467,372

Average Sold Discount:

8%

Average Price Reduction:

3%

Average DOM:

83

Coventry Homes, ranked #8 among Houston home builders, offers a diverse selection of new homes across several communities, including those with the most active listings. Their homes average 2,481 sq ft and are priced from the low $300s to over $1 million, catering to a variety of budgets and lifestyles. With an average market time of 101 days, buyers can find options ranging from cozy 1,399 sq ft homes to spacious 5,108 sq ft residences.

Active Listings

17

Average List Price

$596,089

Typical List Price

$540k to $625k

Homes Listed per Price Range

A visual list price spectrum representation

$490kto$550k$550kto$610k$610kto$670k$670kto$730k$730kto$790k$790kto$850k
20245733

Sold Listings

4

Average Selling Price

$508,108

Typical Selling Price

$444k to $579k

Homes Sold per Price Range

A visual sold price spectrum representation

$415kto$501k$501kto$586k
202423

Average Sold Price per Sq Ft

$217

Typical Sold Price per Sq Ft

$201 to $226

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$202to$225$225to$247
202423

Average Days to Sell

103

Typical Days to Sell

98 to 122

Days on the Market Distribution

The number of homes sold in each DOM range

42to8888to133
202414

Average Price Reduction

3%

Typical Price Reduction

1% to 5%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%
202421011932

Average Discount from Original List

8%

Typical Sold Discount from Original List

7% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

6%to8%8%to10%
202432

Average Discount from Last List

4%

Typical Sold Discount from Last List

3% to 5%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

2%to5%5%to7%
202432

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.