Builder Community Research

Newmark Homes Sienna

From May 22nd, 2024 through November 18th, 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

13

Average List Price

$574,306

Typical List Price

$540k to $600k

Homes Listed per Price Range

A visual list price spectrum representation

$485kto$530k$530kto$575k$575kto$620k$620kto$665k$665kto$710k
202433413

Sold Listings

16

Average Selling Price

$501,492

Typical Selling Price

$462k to $536k

Homes Sold per Price Range

A visual sold price spectrum representation

$437kto$467k$467kto$496k$496kto$526k$526kto$556k$556kto$586k$586kto$615k
2024631322

Average Sold Price per Sq Ft

$198

Typical Sold Price per Sq Ft

$186 to $200

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$174to$181$181to$188$188to$195$195to$202$202to$209$209to$216
202473124

Average Days to Sell

114

Typical Days to Sell

79 to 160

Days on the Market Distribution

The number of homes sold in each DOM range

1to3838to7575to112112to149149to186186to223
2024225224

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%to4%4%to8%8%to12%12%to16%16%to21%21%to22%
202410342182

Average Discount from Original List

16%

Typical Sold Discount from Original List

15% to 20%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to4%4%to8%8%to11%11%to15%15%to19%19%to23%
20242177

Average Discount from Last List

3%

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

0%to2%2%to3%3%to5%5%to7%7%to9%9%to10%
202445422

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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