In-depth Real Estate Data: Communities

Fairway Farms Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

17

Average Sold Price:

$166,262

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

76

Fairway Farms offers a variety of homes for sale, with three listings currently available. Prices range from $365,000 to $412,900, with an average list price of $375,963. Homes typically feature four bedrooms and average around 2,165 sq ft on spacious lots averaging 8,107 sq ft. This community, built between 2019 and 2022, is perfect for families seeking modern living.

Sold Listings

17

Average Selling Price

$166,262

Typical Selling Price

$3k to $322k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$85k$85kto$168k$168kto$251k$251kto$334k$334kto$417k$417kto$500k
20249432

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$38$38to$75$75to$113$113to$150$150to$187$187to$224
20249162

Average Days to Sell

76

Typical Days to Sell

10 to 58

Days on the Market Distribution

The number of homes sold in each DOM range

4to8080to157157to233233to309309to386386to462
20241512

Average Price Reduction

2%

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.)

-3%to-2%-2%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to9%9%to10%10%to11%11%to12%12%to13%13%to14%14%to14%
20241216122122

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

0%to2%2%to4%4%to6%6%to8%8%to9%9%to11%
202474223

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

-5%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%
2024216513

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.