Builder Community Research

Riverway Homes Somerset Green

From May 18th, 2024 through November 14th, 2024

Units Sold:

10

Average Sold Price:

$639,418

Average Sold Discount:

1%

Average DOM:

101

Riverway Homes is a Houston home builder offering a variety of new homes in several communities, including those with the most active listings. Their homes average 2,475 sq ft, with prices ranging from the low $500s to over $1 million. With an average price per square foot of $267, buyers can find options that fit their needs and budgets.

Sold Listings

3

Average Selling Price

$785,000

Typical Selling Price

$720k to $825k

Homes Sold per Price Range

A visual sold price spectrum representation

$705kto$811k$811kto$916k
202422

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

$299to$308$308to$317
202422

Average Days to Sell

139

Typical Days to Sell

110 to 191

Days on the Market Distribution

The number of homes sold in each DOM range

36to117117to198
202413

Average Discount from Original List

2%

Typical Sold Discount from Original List

2% to 2%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

1%to2%2%to2%
202413

Average Discount from Last List

2%

Typical Sold Discount from Last List

2% to 3%

Negotiated Disocunts from Final List Price

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

1%to2%2%to3%
202422

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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