Houston Home Builder

First America Homes Discounts, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

122

Average Sold Price:

$304,498

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

272

First America Homes is a Houston home builder offering new homes in several communities, including those with the most active listings. Their homes average 1,871 sq ft and are priced from under $240k to over $520k, catering to a variety of budgets. With 125 active listings, they provide a diverse selection for homebuyers in the area.

Active Listings

120

Average List Price

$330,519

Typical List Price

$276k to $370k

Homes Listed per Price Range

A visual list price spectrum representation

$140kto$178k$178kto$217k$217kto$255k$255kto$293k$293kto$331k$331kto$370k$370kto$408k$408kto$446k$446kto$484k$484kto$523k$523kto$556k
202425363313135662

Sold Listings

122

Average Selling Price

$304,498

Typical Selling Price

$259k to $339k

Homes Sold per Price Range

A visual sold price spectrum representation

$148kto$180k$180kto$212k$212kto$244k$244kto$276k$276kto$308k$308kto$340k$340kto$372k$372kto$404k$404kto$436k$436kto$468k$468kto$478k
202431539191768583

Average Sold Price per Sq Ft

$177

Typical Sold Price per Sq Ft

$162 to $189

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$114to$129$129to$143$143to$158$158to$172$172to$187$187to$202$202to$216$216to$225
20243213016281393

Average Days to Sell

272

Typical Days to Sell

85 to 396

Days on the Market Distribution

The number of homes sold in each DOM range

2to127127to253253to378378to504504to629629to754754to798
2024422916911133

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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.)

-15%to-14%-14%to-12%-12%to-11%-11%to-9%-9%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to14%14%to15%15%to17%
2024137141365040321575213

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to-3%-3%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%12%to14%
2024373730241174

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-5%to-4%-4%to-3%-3%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to9%9%to10%10%to11%11%to11%
20242445481114156216122

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.