In-depth Real Estate Data: Communities

Cranbrook Research, Pricing, and Statistics

From May 8th, 2024 through November 4th, 2024

Units Sold:

8

Average Sold Price:

$147,586

Average Sold Discount:

0%

Average Price Reduction:

1%

Average DOM:

36

Cranbrook offers a diverse selection of homes, with 11 properties currently for sale. The average list price is $283,564, with sizes ranging from 1,671 to 2,336 sq ft. Most homes feature 3 to 4 bedrooms and sit on lots averaging 6,148 sq ft. This community is perfect for families seeking space and comfort!

Active Listings

11

Average List Price

$283,564

Typical List Price

$250k to $283k

Homes Listed per Price Range

A visual list price spectrum representation

$220kto$273k$273kto$326k$326kto$379k$379kto$432k$432kto$485k
2024732

Sold Listings

8

Average Selling Price

$147,586

Typical Selling Price

$2k to $244k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$89k$89kto$177k$177kto$265k
202436

Average Sold Price per Sq Ft

$143

Typical Sold Price per Sq Ft

$129 to $150

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$54$54to$107$107to$160
2024315

Average Days to Sell

36

Typical Days to Sell

21 to 51

Days on the Market Distribution

The number of homes sold in each DOM range

1to2222to4444to65
2024324

Average Price Reduction

1%

Typical Price Reduction

0% to 3%

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.)

-16%to-11%-11%to-6%-6%to-1%-1%to3%3%to8%8%to13%
202421843

Average Discount from Original List

0%

Typical Sold Discount from Original List

-1% to 3%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-13%to-6%-6%to1%1%to8%
2024144

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 1%

Negotiated Disocunts from Final List Price

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

-2%to0%0%to2%2%to4%
2024153

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.