Builder Community Research

New Home Co Sunterra

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

Units Sold:

12

Average Sold Price:

$448,470

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

71

New Home Co is a Houston home builder offering a variety of new homes across several communities, with 33 active listings. Their homes typically feature an average size of 2,869 sq ft, with prices ranging from the mid $300s to nearly $700k. With options for every budget, there's a perfect fit for many homebuyers.

Active Listings

11

Average List Price

$451,535

Typical List Price

$403k to $488k

Homes Listed per Price Range

A visual list price spectrum representation

$371kto$401k$401kto$431k$431kto$461k$461kto$491k$491kto$521k
20243144

Sold Listings

4

Average Selling Price

$430,240

Typical Selling Price

$415k to $463k

Homes Sold per Price Range

A visual sold price spectrum representation

$335kto$412k$412kto$489k
202414

Average Sold Price per Sq Ft

$189

Typical Sold Price per Sq Ft

$172 to $208

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$159to$178$178to$197
202423

Average Days to Sell

82

Typical Days to Sell

77 to 105

Days on the Market Distribution

The number of homes sold in each DOM range

20to6565to109
202414

Average Price Reduction

3%

Typical Price Reduction

0% to 7%

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%to8%8%to10%10%to12%
202412232

Average Discount from Original List

7%

Typical Sold Discount from Original List

6% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

2%to6%6%to10%
202414

Average Discount from Last List

0%

Typical Sold Discount from Last List

0% to 0%

Negotiated Disocunts from Final List Price

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

-1%to-1%-1%to0%
202416

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.