Houston Home Builder

Drees Custom Homes Discounts, Pricing, and Statistics

From May 7th, 2024 through November 3rd, 2024

Units Sold:

31

Average Sold Price:

$693,017

Average Sold Discount:

8%

Average Price Reduction:

4%

Average DOM:

138

Drees Custom Homes is a Houston home builder offering a variety of new homes in several communities, including those with the most active listings. Their homes average 3,593 sq ft and feature spacious layouts on lots ranging from 8,191 to 20,899 sq ft. With prices starting around $599,990, there's something for everyone in their collection.

Active Listings

22

Average List Price

$727,067

Typical List Price

$650k to $800k

Homes Listed per Price Range

A visual list price spectrum representation

$570kto$635k$635kto$700k$700kto$765k$765kto$830k$830kto$895k$895kto$960k
2024572324

Sold Listings

31

Average Selling Price

$693,017

Typical Selling Price

$617k to $760k

Homes Sold per Price Range

A visual sold price spectrum representation

$525kto$616k$616kto$706k$706kto$797k$797kto$888k$888kto$935k
2024891032

Average Sold Price per Sq Ft

$209

Typical Sold Price per Sq Ft

$198 to $216

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$151to$162$162to$173$173to$184$184to$195$195to$206$206to$217$217to$229$229to$233
202421498332

Average Days to Sell

138

Typical Days to Sell

39 to 202

Days on the Market Distribution

The number of homes sold in each DOM range

8to112112to216216to320320to424424to456
2024177422

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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.)

0%to3%3%to5%5%to8%8%to10%10%to13%13%to15%15%to18%18%to21%21%to22%
202449169641112

Average Discount from Original List

8%

Typical Sold Discount from Original List

5% to 10%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to20%
20241128713

Average Discount from Last List

5%

Typical Sold Discount from Last List

4% to 6%

Negotiated Disocunts from Final List Price

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

0%to1%1%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to10%
2024116106242

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.