Braes Terrace Research, Pricing, and Statistics
Units Sold:
7
Average Sold Price:
$315,943
Average Sold Discount:
3%
Average Price Reduction:
1%
Average DOM:
47
Braes Terrace offers a vibrant community with 6 homes currently for sale, featuring an average list price of $509,800. Homes range from 1,723 to 2,332 sq ft, with lot sizes averaging 8,228 sq ft. With 3 to 4 bedrooms and a variety of styles built between 1950 and 1952, it's a great time to explore your options here!
Active Listings
6
Average List Price
$509,800
Typical List Price
$445k to $572k
Homes Listed per Price Range
A visual list price spectrum representation
$425kto$498k | $498kto$572k | $572kto$645k | |
---|---|---|---|
2024 | 4 | 3 |
Sold Listings
7
Average Selling Price
$315,943
Typical Selling Price
$3k to $580k
Homes Sold per Price Range
A visual sold price spectrum representation
$3kto$234k | $234kto$464k | $464kto$695k | |
---|---|---|---|
2024 | 3 | 1 | 4 |
Average Sold Price per Sq Ft
$274
Typical Sold Price per Sq Ft
$252 to $282
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
$1to$90 | $90to$180 | $180to$269 | |
---|---|---|---|
2024 | 3 | 5 |
Average Days to Sell
47
Typical Days to Sell
17 to 71
Days on the Market Distribution
The number of homes sold in each DOM range
4to44 | 44to84 | 84to124 | |
---|---|---|---|
2024 | 4 | 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.)
-1%to2% | 2%to5% | 5%to8% | 8%to10% | 10%to13% | 13%to16% | |
---|---|---|---|---|---|---|
2024 | 16 | 4 | 2 |
Average Discount from Original List
3%
Typical Sold Discount from Original List
0% to 4%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
0%to4% | 4%to9% | 9%to13% | |
---|---|---|---|
2024 | 5 | 1 | 2 |
Average Discount from Last List
3%
Typical Sold Discount from Last List
0% to 4%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
0%to4% | 4%to9% | 9%to13% | |
---|---|---|---|
2024 | 5 | 1 | 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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