In-depth Real Estate Data: Communities

Southern Colony Research, Pricing, and Statistics

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

Units Sold:

38

Average Sold Price:

$188,898

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

42

The Southern Colony community offers a diverse selection of homes, with 17 properties currently for sale. Average list prices are around $278,511, with sizes ranging from 1,273 to 2,960 sq ft. Most homes feature 3 to 4 bedrooms and spacious lots averaging 7,037 sq ft, making it an attractive option for buyers and sellers alike.

Active Listings

17

Average List Price

$278,511

Typical List Price

$255k to $300k

Homes Listed per Price Range

A visual list price spectrum representation

$230kto$244k$244kto$258k$258kto$272k$272kto$287k$287kto$301k$301kto$315k
202433354

Sold Listings

38

Average Selling Price

$188,898

Typical Selling Price

$3k to $280k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$167k$167kto$318k
20241227

Average Sold Price per Sq Ft

$142

Typical Sold Price per Sq Ft

$139 to $155

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$91$91to$181$181to$196
202412243

Average Days to Sell

42

Typical Days to Sell

12 to 43

Days on the Market Distribution

The number of homes sold in each DOM range

2to2020to3838to5656to7575to9393to111111to129129to147147to165165to183183to202202to220220to231
2024151142111112

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

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.)

-15%to-13%-13%to-11%-11%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-3%-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to14%14%to16%16%to18%18%to20%
202411144793411113

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 3%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to20%20%to20%
20241114873122

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 1%

Negotiated Disocunts from Final List Price

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

-3%to-2%-2%to-1%-1%to0%0%to1%1%to1%1%to2%2%to3%3%to4%4%to5%5%to5%5%to6%6%to6%
20242220433212

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.