In-depth Real Estate Data: Communities

Commons on Lake Houston Research, Pricing, and Statistics

From May 7th, 2024 through November 3rd, 2024

Units Sold:

18

Average Sold Price:

$428,222

Average Sold Discount:

7%

Average Price Reduction:

3%

Average DOM:

229

The Commons on Lake Houston offers a diverse range of homes, with 23 currently for sale. Prices average around $702,948, with sizes from 2,175 to 7,769 sq ft. Lots are spacious, averaging 88,640 sq ft, and homes range from 3 to 4 bedrooms. Whether buying or selling, this community has plenty to offer!

Active Listings

23

Average List Price

$702,948

Typical List Price

$645k to $734k

Homes Listed per Price Range

A visual list price spectrum representation

$500kto$587k$587kto$675k$675kto$762k$762kto$850k$850kto$937k$937kto$1.0M
202448723

Sold Listings

18

Average Selling Price

$428,222

Typical Selling Price

$146k to $628k

Homes Sold per Price Range

A visual sold price spectrum representation

$65kto$202k$202kto$338k$338kto$475k$475kto$612k$612kto$748k$748kto$885k
2024612343

Average Sold Price per Sq Ft

$214

Typical Sold Price per Sq Ft

$181 to $256

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$129to$152$152to$175$175to$198$198to$222$222to$245
202423124

Average Days to Sell

229

Typical Days to Sell

24 to 194

Days on the Market Distribution

The number of homes sold in each DOM range

3to308308to613613to918918to1,2231,223to1,5281,528to1,833
20241522

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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%to4%4%to7%7%to9%9%to11%11%to13%13%to15%15%to18%18%to20%20%to22%22%to24%24%to26%26%to28%
202434105221212

Average Discount from Original List

7%

Typical Sold Discount from Original List

1% to 12%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-38%to-27%-27%to-15%-15%to-4%-4%to7%7%to18%18%to30%
20241864

Average Discount from Last List

4%

Typical Sold Discount from Last List

1% to 9%

Negotiated Disocunts from Final List Price

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

-38%to-28%-28%to-18%-18%to-7%-7%to3%3%to13%13%to23%
20241684

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.