Lamar Terrace Research, Pricing, and Statistics
Units Sold:
14
Average Sold Price:
$618,804
Average Sold Discount:
6%
Average Price Reduction:
3%
Average DOM:
61
Lamar Terrace offers a vibrant real estate market with 12 homes currently for sale, featuring an average list price of $1,017,746. Homes range from 3 to 4 bedrooms, with sizes averaging 3,392 sq ft and lot sizes around 5,038 sq ft. Whether buying or selling, this community has diverse options to explore!
Active Listings
12
Average List Price
$1,017,746
Typical List Price
$850k to $1,096k
Homes Listed per Price Range
A visual list price spectrum representation
| $650kto$840k | $840kto$1.0M | $1.0Mto$1.2M | $1.2Mto$1.4M | $1.4Mto$1.6M | |
|---|---|---|---|---|---|
| 2024 | 3 | 4 | 3 | 3 | |
Sold Listings
14
Average Selling Price
$618,804
Typical Selling Price
$67k to $822k
Homes Sold per Price Range
A visual sold price spectrum representation
| $4kto$323k | $323kto$642k | $642kto$961k | $961kto$1.3M | $1.3Mto$1.6M | |
|---|---|---|---|---|---|
| 2024 | 5 | 1 | 5 | 1 | 3 |
Average Sold Price per Sq Ft
$331
Typical Sold Price per Sq Ft
$266 to $300
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $1to$64 | $64to$127 | $127to$190 | $190to$253 | $253to$316 | |
|---|---|---|---|---|---|
| 2024 | 4 | 1 | 4 | 5 | |
Average Days to Sell
61
Typical Days to Sell
10 to 95
Days on the Market Distribution
The number of homes sold in each DOM range
| 2to38 | 38to74 | 74to109 | 109to145 | 145to181 | |
|---|---|---|---|---|---|
| 2024 | 7 | 1 | 4 | 3 | |
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%to6% | 6%to9% | 9%to12% | 12%to15% | 15%to16% | |
|---|---|---|---|---|---|---|
| 2024 | 22 | 2 | 3 | 3 | 2 | |
Average Discount from Original List
6%
Typical Sold Discount from Original List
0% to 14%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -5%to0% | 0%to4% | 4%to9% | 9%to13% | 13%to18% | |
|---|---|---|---|---|---|
| 2024 | 3 | 4 | 1 | 2 | 5 |
Average Discount from Last List
4%
Typical Sold Discount from Last List
0% to 7%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -5%to-1% | -1%to3% | 3%to7% | 7%to11% | 11%to15% | |
|---|---|---|---|---|---|
| 2024 | 3 | 3 | 5 | 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.
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.