In-depth Real Estate Data: Communities

Candelight Oaks Research, Pricing, and Statistics

From May 27th, 2024 through November 23rd, 2024

Units Sold:

18

Average Sold Price:

$255,686

Average Sold Discount:

4%

Average Price Reduction:

1%

Average DOM:

33

Candlelight Oaks offers a vibrant real estate market with 7 homes currently for sale, featuring an average list price of $519,414. Homes range from 2,073 to 3,705 sq ft, with lot sizes averaging 6,840 sq ft. This community, established in the early 1970s, is perfect for families seeking spacious living.

Active Listings

7

Average List Price

$519,414

Typical List Price

$454k to $602k

Homes Listed per Price Range

A visual list price spectrum representation

$335kto$453k$453kto$572k$572kto$690k
2024233

Sold Listings

18

Average Selling Price

$255,686

Typical Selling Price

$190k to $352k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$116k$116kto$230k$230kto$343k$343kto$457k$457kto$571k$571kto$685k
2024436222

Average Sold Price per Sq Ft

$195

Typical Sold Price per Sq Ft

$174 to $230

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$43$43to$85$85to$127$127to$169$169to$211$211to$253
2024421012

Average Days to Sell

33

Typical Days to Sell

6 to 50

Days on the Market Distribution

The number of homes sold in each DOM range

2to2424to4545to6767to8888to110110to131
202410333

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%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to9%9%to10%10%to11%11%to12%12%to13%13%to13%
202421331112

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to1%1%to5%5%to9%9%to13%13%to17%17%to21%
202467213

Average Discount from Last List

2%

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

-3%to-1%-1%to2%2%to4%4%to7%7%to9%9%to12%
2024185212

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.