In-depth Real Estate Data: Communities

Lakes of Fairhaven Research, Pricing, and Statistics

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

Units Sold:

12

Average Sold Price:

$930,500

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

57

Lakes of Fairhaven offers a diverse selection of homes, with 11 properties currently for sale. The average list price is $952,545, featuring spacious homes averaging 4,339 sq ft on generous lots of about 26,464 sq ft. Built between 2005 and 2009, these homes provide modern living in a desirable community.

Active Listings

11

Average List Price

$952,545

Typical List Price

$872k to $1,018k

Homes Listed per Price Range

A visual list price spectrum representation

$775kto$871k$871kto$967k$967kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M
20243522

Sold Listings

12

Average Selling Price

$930,500

Typical Selling Price

$849k to $1,011k

Homes Sold per Price Range

A visual sold price spectrum representation

$615kto$731k$731kto$847k$847kto$963k$963kto$1.1M$1.1Mto$1.2M
202421343

Average Sold Price per Sq Ft

$221

Typical Sold Price per Sq Ft

$207 to $236

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$180to$193$193to$206$206to$220$220to$233$233to$246
20242146

Average Days to Sell

57

Typical Days to Sell

2 to 62

Days on the Market Distribution

The number of homes sold in each DOM range

to6464to129129to193193to258258to322
2024922

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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%to3%3%to5%5%to8%8%to11%11%to14%14%to15%
20242210312

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

-1%to2%2%to5%5%to9%9%to12%12%to16%
202443312

Average Discount from Last List

2%

Typical Sold Discount from Last List

1% to 4%

Negotiated Disocunts from Final List Price

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

-1%to0%0%to2%2%to3%3%to5%5%to6%
202432323

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.