Builder Community Research

Newmark Homes Sienna

From July 23rd, 2024 through January 19th, 2025

Units Sold:

75

Average Sold Price:

$559,944

Average Sold Discount:

14%

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

11

Average List Price

$568,558

Typical List Price

$545k to $591k

Homes Listed per Price Range

A visual list price spectrum representation

$485kto$514k$514kto$543k$543kto$572k$572kto$601k$601kto$630k
202512162

Sold Listings

10

Average Selling Price

$499,325

Typical Selling Price

$479k to $530k

Homes Sold per Price Range

A visual sold price spectrum representation

$440kto$460k$460kto$480k$480kto$500k$500kto$520k$520kto$540k
202513115

Average Sold Price per Sq Ft

$203

Typical Sold Price per Sq Ft

$192 to $209

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$169to$175$175to$180$180to$185$185to$190$190to$195
20251523

Average Days to Sell

136

Typical Days to Sell

90 to 188

Days on the Market Distribution

The number of homes sold in each DOM range

66to9797to129129to160160to192192to223
20254223

Average Price Reduction

11%

Typical Price Reduction

8% to 15%

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%to3%3%to6%6%to9%9%to12%12%to15%15%to18%
202542464

Average Discount from Original List

20%

Typical Sold Discount from Original List

18% to 21%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

15%to17%17%to18%18%to20%20%to21%21%to23%
202521224

Average Discount from Last List

4%

Typical Sold Discount from Last List

2% to 4%

Negotiated Disocunts from Final List Price

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

1%to2%2%to4%4%to6%6%to7%7%to9%
20254232

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.