Builder Community Research

Westin Homes Elyson

From May 25th, 2024 through November 21st, 2024

Units Sold:

300

Average Sold Price:

$562,910

Average Sold Discount:

7%

Average Price Reduction:

6%

Average DOM:

101

Westin Homes, a prominent Houston home builder, offers a diverse selection of new homes across several communities, including the highly active areas of Westin Oaks (61 listings) and Westin Lakes (45 listings). With homes averaging 3,227 sq ft, prices range from the mid-$400s to over $800k, catering to various budgets and preferences. They rank #7 in active listings and #5 in total price volume in the Houston market, showcasing their strong presence.

Active Listings

17

Average List Price

$566,608

Typical List Price

$450k to $667k

Homes Listed per Price Range

A visual list price spectrum representation

$430kto$476k$476kto$522k$522kto$568k$568kto$614k$614kto$660k$660kto$706k
2024846

Sold Listings

28

Average Selling Price

$488,620

Typical Selling Price

$438k to $472k

Homes Sold per Price Range

A visual sold price spectrum representation

$361kto$406k$406kto$451k$451kto$497k$497kto$542k$542kto$588k$588kto$633k$633kto$678k$678kto$678k
20241156142

Average Sold Price per Sq Ft

$185

Typical Sold Price per Sq Ft

$182 to $188

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$139to$147$147to$156$156to$164$164to$172$172to$181$181to$189$189to$197
2024131663

Average Days to Sell

74

Typical Days to Sell

41 to 103

Days on the Market Distribution

The number of homes sold in each DOM range

6to3434to6262to9090to118118to146146to174174to202
202451044123

Average Price Reduction

6%

Typical Price Reduction

3% to 8%

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%to2%2%to5%5%to7%7%to10%10%to12%12%to15%15%to16%
20241917219643

Average Discount from Original List

7%

Typical Sold Discount from Original List

4% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to3%3%to7%7%to10%10%to14%14%to17%17%to20%20%to24%
20245128112

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

-1%to2%2%to6%6%to9%9%to13%13%to16%16%to20%20%to23%
2024161012

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.