Groves Research, Pricing, and Statistics
Units Sold:
95
Average Sold Price:
$385,936
Average Sold Discount:
5%
Average Price Reduction:
4%
Average DOM:
84
The Groves community offers a variety of homes for buyers, with 71 properties currently available. Prices range from $299,000 to $850,000, with an average list price of $487,715. Homes vary in size from 1,378 to 4,464 sq ft, making it a great place for families seeking space and comfort.
Active Listings
71
Average List Price
$487,715
Typical List Price
$369k to $622k
Homes Listed per Price Range
A visual list price spectrum representation
| $299kto$421k | $421kto$543k | $543kto$665k | $665kto$788k | $788kto$850k | |
|---|---|---|---|---|---|
| 2024 | 33 | 13 | 15 | 9 | 2 |
Sold Listings
95
Average Selling Price
$385,936
Typical Selling Price
$345k to $456k
Homes Sold per Price Range
A visual sold price spectrum representation
| $3kto$51k | $51kto$100k | $100kto$149k | $149kto$198k | $198kto$246k | $246kto$295k | $295kto$344k | $344kto$393k | $393kto$441k | $441kto$490k | $490kto$539k | $539kto$588k | $588kto$636k | $636kto$685k | $685kto$734k | $734kto$783k | $783kto$785k | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 11 | 13 | 29 | 14 | 11 | 1 | 3 | 8 | 2 | 1 | 1 | 2 | |||||
Average Sold Price per Sq Ft
$175
Typical Sold Price per Sq Ft
$164 to $185
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $1to$14 | $14to$27 | $27to$40 | $40to$53 | $53to$66 | $66to$79 | $79to$91 | $91to$104 | $104to$117 | $117to$130 | $130to$143 | $143to$156 | $156to$169 | $169to$182 | $182to$195 | $195to$208 | $208to$220 | $220to$233 | $233to$237 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 11 | 1 | 2 | 15 | 18 | 24 | 16 | 4 | 3 | 2 | |||||||||
Average Days to Sell
84
Typical Days to Sell
23 to 120
Days on the Market Distribution
The number of homes sold in each DOM range
| to43 | 43to85 | 85to128 | 128to170 | 170to213 | 213to255 | 255to298 | 298to309 | |
|---|---|---|---|---|---|---|---|---|
| 2024 | 33 | 25 | 15 | 8 | 5 | 6 | 2 | 2 |
Average Price Reduction
4%
Typical Price Reduction
0% to 6%
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.)
| -7%to-6% | -6%to-4% | -4%to-2% | -2%to0% | 0%to2% | 2%to4% | 4%to6% | 6%to8% | 8%to10% | 10%to12% | 12%to14% | 14%to16% | 16%to17% | 17%to19% | 19%to21% | 21%to23% | 23%to25% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 2 | 106 | 21 | 32 | 32 | 20 | 9 | 9 | 9 | 6 | 9 | 3 | 2 | |||
Average Discount from Original List
5%
Typical Sold Discount from Original List
1% to 8%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -3%to0% | 0%to3% | 3%to6% | 6%to9% | 9%to13% | 13%to16% | 16%to16% | |
|---|---|---|---|---|---|---|---|
| 2024 | 3 | 43 | 17 | 20 | 6 | 5 | 2 |
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
| -5%to-4% | -4%to-3% | -3%to-2% | -2%to-1% | -1%to0% | 0%to1% | 1%to2% | 2%to3% | 3%to4% | 4%to5% | 5%to7% | 7%to8% | 8%to8% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 3 | 40 | 6 | 12 | 15 | 5 | 5 | 3 | 2 | 2 | |
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.
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