Builder Community Research

David Weekley Towne Lake

From June 28th, 2024 through December 25th, 2024

Units Sold:

248

Average Sold Price:

$471,141

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

98

David Weekley, a Houston home builder, offers new homes in several communities, including those with the most active listings. Their homes typically average 2,516 sq ft, with prices ranging from $299,990 to $875,990. With 244 active listings, buyers can find a variety of options to suit their needs.

Sold Listings

18

Average Selling Price

$545,373

Typical Selling Price

$450k to $576k

Homes Sold per Price Range

A visual sold price spectrum representation

$399kto$462k$462kto$526k$526kto$589k$589kto$653k$653kto$717k$717kto$780k
202464414

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$163to$173$173to$182$182to$191$191to$200$200to$209$209to$219
2024155134

Average Days to Sell

65

Typical Days to Sell

25 to 99

Days on the Market Distribution

The number of homes sold in each DOM range

9to4242to7575to109109to142142to175175to208
202475232

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

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.)

-1%to0%0%to1%1%to3%3%to4%4%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to12%
20241954512

Average Discount from Original List

4%

Typical Sold Discount from Original List

2% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%
2024411625

Average Discount from Last List

3%

Typical Sold Discount from Last List

1% to 5%

Negotiated Disocunts from Final List Price

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

0%to1%1%to2%2%to3%3%to4%4%to6%6%to7%
2024513352

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.