In-depth Real Estate Data: Communities

Commons on Lake Houston Research, Pricing, and Statistics

From October 6th, 2024 through April 4th, 2025

Units Sold:

14

Average Sold Price:

$320,000

Average Sold Discount:

8%

Average Price Reduction:

3%

Average DOM:

258

Active Listings

21

Average List Price

$708,812

Typical List Price

$640k to $749k

Homes Listed per Price Range

A visual list price spectrum representation

$500kto$587k$587kto$675k$675kto$762k$762kto$850k$850kto$937k$937kto$1.0M
202538623

Sold Listings

14

Average Selling Price

$320,000

Typical Selling Price

$104k to $575k

Homes Sold per Price Range

A visual sold price spectrum representation

$70kto$186k$186kto$302k$302kto$418k$418kto$534k$534kto$650k
20257125

Average Sold Price per Sq Ft

$217

Typical Sold Price per Sq Ft

$182 to $255

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$131to$168$168to$204$204to$240
2025133

Average Days to Sell

258

Typical Days to Sell

71 to 184

Days on the Market Distribution

The number of homes sold in each DOM range

14to378378to742742to1,1051,105to1,4691,469to1,833
20251212

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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%to3%3%to6%6%to9%9%to12%12%to15%15%to18%
2025155212

Average Discount from Original List

8%

Typical Sold Discount from Original List

5% to 14%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-38%to-24%-24%to-11%-11%to2%2%to16%16%to29%
20251104

Average Discount from Last List

4%

Typical Sold Discount from Last List

4% to 6%

Negotiated Disocunts from Final List Price

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

-38%to-26%-26%to-13%-13%to-1%-1%to11%11%to23%
20251104

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.