In-depth Real Estate Data: Communities

Morton Ranch Research, Pricing, and Statistics

From June 25th, 2024 through December 22nd, 2024

Units Sold:

22

Average Sold Price:

$110,075

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

48

Morton Ranch offers a diverse selection of homes, with 9 properties currently for sale. The average list price is $315,854, with sizes ranging from 1,693 to 3,818 sq ft. Homes typically feature 3 to 4 bedrooms and sit on lots averaging 6,319 sq ft. With days on the market averaging between 23 and 84, it's a great time to explore your options!

Active Listings

9

Average List Price

$315,854

Typical List Price

$276k to $350k

Homes Listed per Price Range

A visual list price spectrum representation

$260kto$300k$300kto$339k$339kto$379k
2024424

Sold Listings

22

Average Selling Price

$110,075

Typical Selling Price

$2k to $285k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$56k$56kto$111k$111kto$165k$165kto$220k$220kto$274k$274kto$329k
20241427

Average Sold Price per Sq Ft

$133

Typical Sold Price per Sq Ft

$109 to $156

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$27$27to$53$53to$79$79to$106$106to$132$132to$158
2024141413

Average Days to Sell

48

Typical Days to Sell

19 to 50

Days on the Market Distribution

The number of homes sold in each DOM range

to2626to5353to7979to105105to132132to158
2024107123

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%to9%9%to11%11%to12%
20242452223

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to3%3%to5%5%to8%8%to10%10%to13%13%to16%
2024133223

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

0%to3%3%to5%5%to8%8%to10%10%to13%13%to16%
202417312

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.