Newmark Homes Towne Lake
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.
Sold Listings
14
Average Selling Price
$568,654
Typical Selling Price
$509k to $589k
Homes Sold per Price Range
A visual sold price spectrum representation
| $435kto$562k | $562kto$689k | $689kto$816k | $816kto$943k | $943kto$1.1M | |
|---|---|---|---|---|---|
| 2024 | 8 | 5 | 2 | ||
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
| $175to$185 | $185to$195 | $195to$205 | $205to$215 | $215to$225 | |
|---|---|---|---|---|---|
| 2024 | 1 | 3 | 4 | 4 | 3 |
Average Days to Sell
117
Typical Days to Sell
37 to 176
Days on the Market Distribution
The number of homes sold in each DOM range
| 16to71 | 71to126 | 126to182 | 182to237 | 237to292 | |
|---|---|---|---|---|---|
| 2024 | 6 | 1 | 3 | 3 | 2 |
Average Price Reduction
7%
Typical Price Reduction
4% to 11%
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%to15% | |
|---|---|---|---|---|
| 2024 | 10 | 9 | 14 | 4 |
Average Discount from Original List
11%
Typical Sold Discount from Original List
10% to 14%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -1%to3% | 3%to7% | 7%to11% | 11%to16% | 16%to20% | |
|---|---|---|---|---|---|
| 2024 | 1 | 5 | 6 | 3 | |
Average Discount from Last List
4%
Typical Sold Discount from Last List
2% to 5%
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% | |
|---|---|---|---|---|---|
| 2024 | 1 | 5 | 4 | 1 | 4 |
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.
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