In-depth Real Estate Data: Communities

Fondren Southmeadow Research, Pricing, and Statistics

From March 20th, 2024 through September 16th, 2024

Units Sold:

9

Average Sold Price:

$261,777

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

59

The Fondren Southmeadow community offers a variety of homes for sale, with an average list price of $262,550. Properties typically range from 1,769 to 1,962 sq ft and feature 3 to 4 bedrooms. With homes on the market for about 30 to 54 days, it's a great time to explore your options in this vibrant neighborhood!

Active Listings

6

Average List Price

$262,550

Typical List Price

$234k to $271k

Homes Listed per Price Range

A visual list price spectrum representation

$220kto$260k$260kto$299k$299kto$339k
2024322

Sold Listings

9

Average Selling Price

$261,777

Typical Selling Price

$250k to $280k

Homes Sold per Price Range

A visual sold price spectrum representation

$215kto$244k$244kto$272k$272kto$301k
2024154

Average Sold Price per Sq Ft

$138

Typical Sold Price per Sq Ft

$126 to $152

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$101to$121$121to$141$141to$161
2024433

Average Days to Sell

59

Typical Days to Sell

17 to 84

Days on the Market Distribution

The number of homes sold in each DOM range

3to4545to8888to130
2024433

Average Price Reduction

2%

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%to1%1%to2%2%to4%4%to5%5%to6%6%to7%
20241012312

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 4%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to4%4%to8%8%to12%
2024622

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-4%to0%0%to4%4%to9%
2024622

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.