New Territory Research, Pricing, and Statistics
Units Sold:
127
Average Sold Price:
$235,756
Average Sold Discount:
2%
Average Price Reduction:
1%
Average DOM:
34
New Territory offers a vibrant real estate market with 45 homes for sale, featuring an average list price of $485,430. Homes range from 1,658 to 4,364 sq ft, with lot sizes averaging 8,113 sq ft. Built between 1993 and 1997, these properties typically have 4 to 5 bedrooms and spend around 26 to 70 days on the market.
Active Listings
45
Average List Price
$485,430
Typical List Price
$395k to $530k
Homes Listed per Price Range
A visual list price spectrum representation
| $318kto$394k | $394kto$470k | $470kto$546k | $546kto$622k | $622kto$698k | $698kto$760k | |
|---|---|---|---|---|---|---|
| 2024 | 11 | 12 | 12 | 4 | 3 | 4 |
Sold Listings
127
Average Selling Price
$235,756
Typical Selling Price
$2k to $430k
Homes Sold per Price Range
A visual sold price spectrum representation
| $2kto$172k | $172kto$342k | $342kto$512k | $512kto$682k | $682kto$853k | $853kto$899k | |
|---|---|---|---|---|---|---|
| 2024 | 64 | 5 | 37 | 17 | 3 | 2 |
Average Sold Price per Sq Ft
$167
Typical Sold Price per Sq Ft
$153 to $179
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $1to$67 | $67to$133 | $133to$199 | $199to$214 | |
|---|---|---|---|---|
| 2024 | 63 | 4 | 57 | 3 |
Average Days to Sell
34
Typical Days to Sell
8 to 41
Days on the Market Distribution
The number of homes sold in each DOM range
| to13 | 13to26 | 26to39 | 39to53 | 53to66 | 66to79 | 79to92 | 92to105 | 105to118 | 118to131 | 131to144 | 144to158 | 158to171 | 171to184 | 184to197 | 197to210 | 210to223 | 223to236 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 47 | 30 | 15 | 9 | 10 | 2 | 2 | 4 | 1 | 2 | 2 | 1 | 3 | |||||
Average Price Reduction
1%
Typical Price Reduction
0% to 1%
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.)
| -4%to-4% | -4%to-3% | -3%to-2% | -2%to-2% | -2%to-1% | -1%to0% | 0%to1% | 1%to1% | 1%to2% | 2%to3% | 3%to4% | 4%to4% | 4%to5% | 5%to6% | 6%to6% | 6%to7% | 7%to8% | 8%to9% | 9%to9% | 9%to10% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 161 | 2 | 7 | 19 | 4 | 6 | 7 | 3 | 3 | 1 | 3 | 1 | 1 | 2 | ||||
Average Discount from Original List
2%
Typical Sold Discount from Original List
0% to 4%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -10%to-9% | -9%to-7% | -7%to-5% | -5%to-3% | -3%to-2% | -2%to0% | 0%to2% | 2%to3% | 3%to5% | 5%to7% | 7%to9% | 9%to10% | 10%to12% | 12%to13% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 1 | 4 | 6 | 54 | 18 | 18 | 9 | 7 | 4 | 2 | 2 | |
Average Discount from Last List
1%
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
| -10%to-9% | -9%to-8% | -8%to-7% | -7%to-6% | -6%to-5% | -5%to-4% | -4%to-3% | -3%to-2% | -2%to-1% | -1%to0% | 0%to1% | 1%to2% | 2%to4% | 4%to5% | 5%to6% | 6%to7% | 7%to8% | 8%to9% | 9%to10% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 1 | 1 | 3 | 4 | 65 | 6 | 11 | 9 | 8 | 8 | 2 | 2 | 3 | 3 | |||
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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