Builder Community Research

Newmark Homes Elyson

From May 27th, 2024 through November 23rd, 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

15

Average List Price

$592,299

Typical List Price

$506k to $617k

Homes Listed per Price Range

A visual list price spectrum representation

$458kto$540k$540kto$622k$622kto$704k$704kto$785k$785kto$867k
202474113

Sold Listings

13

Average Selling Price

$598,585

Typical Selling Price

$470k to $800k

Homes Sold per Price Range

A visual sold price spectrum representation

$417kto$504k$504kto$591k$591kto$677k$677kto$764k$764kto$851k
2024815

Average Sold Price per Sq Ft

$213

Typical Sold Price per Sq Ft

$198 to $225

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$175to$181$181to$188$188to$194$194to$200$200to$206
202413514

Average Days to Sell

128

Typical Days to Sell

87 to 157

Days on the Market Distribution

The number of homes sold in each DOM range

63to9494to126126to157157to189189to220
202443313

Average Price Reduction

11%

Typical Price Reduction

9% to 16%

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%to9%9%to13%13%to18%18%to22%22%to24%
20245481712

Average Discount from Original List

15%

Typical Sold Discount from Original List

14% to 17%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

8%to11%11%to13%13%to16%16%to18%18%to20%
202411543

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-1%to1%1%to3%3%to4%4%to6%6%to8%
202441243

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.