In-depth Real Estate Data: Communities

Lakecrest Research, Pricing, and Statistics

From May 27th, 2024 through November 23rd, 2024

Units Sold:

29

Average Sold Price:

$169,176

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

41

Lakecrest offers a vibrant real estate market with 7 homes for sale, featuring an average list price of $377,470. Homes range from 1,987 to 3,015 sq ft, with lot sizes averaging 6,418 sq ft. Built between 2004 and 2008, these properties provide ample space and modern amenities, making it an appealing choice for buyers and sellers alike.

Active Listings

7

Average List Price

$377,470

Typical List Price

$347k to $394k

Homes Listed per Price Range

A visual list price spectrum representation

$340kto$372k$372kto$403k$403kto$435k
2024332

Sold Listings

29

Average Selling Price

$169,176

Typical Selling Price

$2k to $315k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$59k$59kto$117k$117kto$175k$175kto$232k$232kto$290k$290kto$347k$347kto$405k
2024141276

Average Sold Price per Sq Ft

$148

Typical Sold Price per Sq Ft

$136 to $158

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$27$27to$53$53to$79$79to$105$105to$131$131to$157$157to$183
202414610

Average Days to Sell

41

Typical Days to Sell

15 to 35

Days on the Market Distribution

The number of homes sold in each DOM range

4to5454to103103to153153to203203to253253to302302to352
202426112

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.)

-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to9%9%to9%
2024124782412

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to1%1%to4%4%to6%6%to9%9%to12%12%to14%14%to17%
202416541112

Average Discount from Last List

1%

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

-3%to-1%-1%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to12%
20246153312

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.