Builder Community Research

Newmark Homes Towne Lake

From October 19th, 2024 through April 17th, 2025

Units Sold:

20

Average Sold Price:

$630,465

Average Sold Discount:

13%

Average Price Reduction:

8%

Average DOM:

120

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.

Sold Listings

3

Average Selling Price

$554,333

Typical Selling Price

$542k to $579k

Homes Sold per Price Range

A visual sold price spectrum representation

$505kto$542k$542kto$579k
202514

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$197to$203$203to$210
202514

Average Days to Sell

107

Typical Days to Sell

56 to 159

Days on the Market Distribution

The number of homes sold in each DOM range

3to107107to210
202513

Average Price Reduction

7%

Typical Price Reduction

5% to 10%

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%to5%5%to8%8%to11%11%to14%
202521423

Average Discount from Original List

14%

Typical Sold Discount from Original List

13% to 14%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

12%to14%14%to16%
202522

Average Discount from Last List

8%

Typical Sold Discount from Last List

4% to 10%

Negotiated Disocunts from Final List Price

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

3%to9%9%to16%
202522

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.