Houston Home Builder

First America Homes Discounts, Pricing, and Statistics

From March 20th, 2024 through September 16th, 2024

Units Sold:

96

Average Sold Price:

$303,363

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

274

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

132

Average List Price

$329,790

Typical List Price

$280k to $360k

Homes Listed per Price Range

A visual list price spectrum representation

$148kto$179k$179kto$211k$211kto$242k$242kto$273k$273kto$305k$305kto$336k$336kto$367k$367kto$399k$399kto$430k$430kto$461k$461kto$493k$493kto$521k
2024331532341399384

Sold Listings

96

Average Selling Price

$303,363

Typical Selling Price

$257k to $330k

Homes Sold per Price Range

A visual sold price spectrum representation

$154kto$186k$186kto$218k$218kto$249k$249kto$281k$281kto$313k$313kto$345k$345kto$376k$376kto$408k$408kto$440k$440kto$472k$472kto$483k
2024211628181126463

Average Sold Price per Sq Ft

$178

Typical Sold Price per Sq Ft

$161 to $192

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$114to$128$128to$141$141to$155$155to$168$168to$182$182to$195$195to$209$209to$222$222to$222
202421019241414752

Average Days to Sell

274

Typical Days to Sell

82 to 436

Days on the Market Distribution

The number of homes sold in each DOM range

19to173173to328328to482482to637637to743
2024392771212

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

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.)

-10%to-9%-9%to-7%-7%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to13%13%to14%14%to16%16%to17%
202411181554231221012754112

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-4%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to13%13%to14%
2024629231613442

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-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%
202422644212810443

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.