In-depth Real Estate Data: Communities

Inverness Forest Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

12

Average Sold Price:

$260,041

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

76

Inverness Forest offers a vibrant real estate market with 10 homes currently for sale, featuring an average list price of $339,169. Homes range from 2,128 to 3,578 sq ft, with lot sizes averaging 19,563 sq ft. With properties built between 1968 and 1970, this community combines charm and space, making it an attractive option for buyers and sellers alike.

Active Listings

10

Average List Price

$339,169

Typical List Price

$314k to $367k

Homes Listed per Price Range

A visual list price spectrum representation

$274kto$305k$305kto$336k$336kto$368k$368kto$399k$399kto$430k
202423222

Sold Listings

12

Average Selling Price

$260,041

Typical Selling Price

$255k to $337k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$77k$77kto$153k$153kto$228k$228kto$303k$303kto$378k
20242146

Average Sold Price per Sq Ft

$128

Typical Sold Price per Sq Ft

$112 to $136

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$29$29to$57$57to$86$86to$114$114to$142
20242146

Average Days to Sell

76

Typical Days to Sell

24 to 114

Days on the Market Distribution

The number of homes sold in each DOM range

5to5858to112112to165165to219219to272
20247222

Average Price Reduction

2%

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.)

0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to14%
20242234112

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to1%1%to4%4%to7%7%to10%10%to12%
20243244

Average Discount from Last List

2%

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%to-1%-1%to3%3%to6%6%to9%9%to12%
20242812

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.