Builder Community Research

K Hovnanian Homes Spring Branch Gardens

From June 25th, 2024 through December 22nd, 2024

Units Sold:

280

Average Sold Price:

$391,528

Average Sold Discount:

7%

Average Price Reduction:

6%

Average DOM:

76

K Hovnanian Homes is a Houston home builder offering a variety of new homes across several communities, including those with the most active listings. Their homes typically average 2,288 sq ft, with prices ranging from the low $250,000s to nearly $750,000. With listings available in various price ranges, there’s something for everyone looking to settle in the Houston area.

Sold Listings

10

Average Selling Price

$423,538

Typical Selling Price

$386k to $457k

Homes Sold per Price Range

A visual sold price spectrum representation

$337kto$364k$364kto$391k$391kto$417k$417kto$444k$444kto$471k
20241217

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

$192to$208$208to$223$223to$238$238to$254$254to$269
20244313

Average Days to Sell

144

Typical Days to Sell

80 to 181

Days on the Market Distribution

The number of homes sold in each DOM range

5to7272to139139to205205to272272to339
20243323

Average Price Reduction

6%

Typical Price Reduction

4% to 8%

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%to2%2%to4%4%to6%6%to9%9%to11%11%to13%
2024357534

Average Discount from Original List

6%

Typical Sold Discount from Original List

3% to 12%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to1%1%to4%4%to8%8%to11%11%to14%
202422214

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-7%to-4%-4%to-2%-2%to1%1%to4%4%to7%
20241433

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.

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