Royal Lakes Research, Pricing, and Statistics
Units Sold:
5
Average Sold Price:
$930,900
Average Sold Discount:
6%
Average Price Reduction:
1%
Average DOM:
58
Royal Lakes offers a diverse selection of homes for sale, with prices ranging from $620,000 to $1,235,000. The average home spans 4,983 sq ft on generous lots averaging 34,314 sq ft. With properties typically featuring 4 to 5 bedrooms and built between 2001 and 2004, it's a great time to explore this vibrant community!
Active Listings
7
Average List Price
$999,000
Typical List Price
$887k to $1,133k
Homes Listed per Price Range
A visual list price spectrum representation
| $620kto$825k | $825kto$1.0M | $1.0Mto$1.2M | |
|---|---|---|---|
| 2024 | 1 | 2 | 5 |
Sold Listings
5
Average Selling Price
$930,900
Typical Selling Price
$762k to $1,045k
Homes Sold per Price Range
A visual sold price spectrum representation
| $748kto$865k | $865kto$983k | $983kto$1.1M | |
|---|---|---|---|
| 2024 | 2 | 4 | |
Average Sold Price per Sq Ft
$200
Typical Sold Price per Sq Ft
$177 to $217
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $112to$152 | $152to$192 | $192to$232 | |
|---|---|---|---|
| 2024 | 1 | 5 | |
Average Days to Sell
58
Typical Days to Sell
10 to 85
Days on the Market Distribution
The number of homes sold in each DOM range
| 5to58 | 58to112 | 112to165 | |
|---|---|---|---|
| 2024 | 3 | 1 | 2 |
Average Price Reduction
1%
Typical Price Reduction
0% to 2%
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%to3% | 3%to5% | 5%to6% | 6%to8% | |
|---|---|---|---|---|---|
| 2024 | 10 | 3 | 1 | 2 | |
Average Discount from Original List
6%
Typical Sold Discount from Original List
0% to 9%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -5%to3% | 3%to12% | 12%to20% | |
|---|---|---|---|
| 2024 | 2 | 2 | 2 |
Average Discount from Last List
6%
Typical Sold Discount from Last List
0% to 9%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -5%to3% | 3%to11% | 11%to18% | |
|---|---|---|---|
| 2024 | 2 | 2 | 2 |
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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