In-depth Real Estate Data: Communities

Houston Galleria Research, Pricing, and Statistics

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

Units Sold:

42

Average Sold Price:

$239,972

Average Sold Discount:

7%

Average Price Reduction:

3%

Average DOM:

129

The Houston Galleria community offers a diverse selection of homes, with 67 currently for sale. Prices range from $182,000 to $599,000, and homes average 1,421 sq ft. Whether you're looking for a cozy one-bedroom or a spacious two-bedroom, this area has options to fit various lifestyles.

Active Listings

69

Average List Price

$305,246

Typical List Price

$175k to $379k

Homes Listed per Price Range

A visual list price spectrum representation

$125kto$224k$224kto$324k$324kto$423k$423kto$523k$523kto$622k$622kto$722k$722kto$821k$821kto$921k$921kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M
202426201343112

Sold Listings

42

Average Selling Price

$239,972

Typical Selling Price

$32k to $284k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$146k$146kto$290k$290kto$435k$435kto$580k$580kto$724k$724kto$869k$869kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.3M
2024181433212

Average Sold Price per Sq Ft

$212

Typical Sold Price per Sq Ft

$183 to $227

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$2to$108$108to$214$214to$288
2024112012

Average Days to Sell

129

Typical Days to Sell

17 to 173

Days on the Market Distribution

The number of homes sold in each DOM range

to9090to180180to269269to359359to449449to509
202421123223

Average Price Reduction

3%

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.)

-5%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to13%13%to15%15%to16%16%to17%17%to19%19%to20%20%to22%22%to23%
2024118665734531241113

Average Discount from Original List

7%

Typical Sold Discount from Original List

2% to 10%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to1%1%to5%5%to9%9%to14%14%to18%18%to22%22%to26%26%to29%
2024715952122

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 6%

Negotiated Disocunts from Final List Price

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

-4%to0%0%to3%3%to6%6%to9%9%to12%12%to16%16%to18%
202441713432

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.