In-depth Real Estate Data: Communities

Summer Lakes Research, Pricing, and Statistics

From May 23rd, 2024 through November 19th, 2024

Units Sold:

36

Average Sold Price:

$226,279

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

35

Summer Lakes offers a vibrant real estate market with 13 homes for sale, featuring an average list price of $369,545. Homes range from 1,801 to 3,171 sq ft, with lot sizes averaging 7,741 sq ft. Built between 2007 and 2014, these properties typically have 4 to 5 bedrooms and spend 18 to 97 days on the market.

Active Listings

13

Average List Price

$369,545

Typical List Price

$350k to $399k

Homes Listed per Price Range

A visual list price spectrum representation

$275kto$307k$307kto$339k$339kto$371k$371kto$403k$403kto$435k
202411543

Sold Listings

36

Average Selling Price

$226,279

Typical Selling Price

$2k to $440k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$267k$267kto$532k$532kto$625k
202417173

Average Sold Price per Sq Ft

$149

Typical Sold Price per Sq Ft

$140 to $161

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$91$91to$181$181to$192
202416183

Average Days to Sell

35

Typical Days to Sell

8 to 48

Days on the Market Distribution

The number of homes sold in each DOM range

1to2626to5050to7575to9999to124124to148148to173173to197197to209
20242253412

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.)

-5%to-4%-4%to-3%-3%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%
2024147153164

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

-5%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to12%
202413177522

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-2%to-1%-1%to1%1%to2%2%to3%3%to4%4%to5%5%to6%
202441655313

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.