Houston Home Builder

Newmark Homes Discounts, Pricing, and Statistics

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

Units Sold:

101

Average Sold Price:

$598,152

Average Sold Discount:

13%

Average Price Reduction:

8%

Average DOM:

126

Newmark Homes is a Houston home builder offering a variety of new homes across several communities, including some of their most active listings. With homes averaging 2,732 sq ft and prices ranging from under $395,000 to over $1.6 million, there's something for everyone. Their homes typically feature spacious layouts and modern designs, catering to diverse lifestyles and preferences.

Active Listings

107

Average List Price

$577,412

Typical List Price

$461k to $601k

Homes Listed per Price Range

A visual list price spectrum representation

$364kto$423k$423kto$482k$482kto$541k$541kto$600k$600kto$660k$660kto$719k$719kto$778k$778kto$837k$837kto$896k$896kto$955k$955kto$1.0M$1.0Mto$1.0M
20241417272253316262

Sold Listings

101

Average Selling Price

$598,152

Typical Selling Price

$480k to $623k

Homes Sold per Price Range

A visual sold price spectrum representation

$372kto$458k$458kto$544k$544kto$630k$630kto$716k$716kto$802k$802kto$888k$888kto$974k$974kto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M
202415501353731212

Average Sold Price per Sq Ft

$204

Typical Sold Price per Sq Ft

$186 to $226

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$156to$170$170to$184$184to$197$197to$211$211to$225$225to$238$238to$252$252to$266$266to$279$279to$293$293to$307$307to$320$320to$334$334to$347$347to$361$361to$375$375to$388$388to$402$402to$416$416to$429
202411203218133212

Average Days to Sell

126

Typical Days to Sell

73 to 168

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8282to122122to163163to204204to245245to286286to326326to367367to391
202415142421135514

Average Price Reduction

8%

Typical Price Reduction

2% to 12%

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.)

-12%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%4%to7%7%to10%10%to13%13%to16%16%to20%20%to23%23%to24%
2024127235384563581022

Average Discount from Original List

13%

Typical Sold Discount from Original List

9% to 16%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to23%
202473420251912102

Average Discount from Last List

4%

Typical Sold Discount from Last List

2% to 7%

Negotiated Disocunts from Final List Price

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

-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to14%
20241322241617622

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.