Norchester Research, Pricing, and Statistics
Units Sold:
25
Average Sold Price:
$188,753
Average Sold Discount:
3%
Average Price Reduction:
2%
Average DOM:
43
The Norchester community offers a diverse range of homes for sale, with an average listing price of $336,710. Properties typically feature 3 to 5 bedrooms and average around 2,690 sq ft in size. With lot sizes averaging 9,393 sq ft, there's plenty of outdoor space to enjoy. Homes here have been on the market for an average of 11 to 105 days, making it a great time to explore your options!
Active Listings
15
Average List Price
$336,710
Typical List Price
$287k to $367k
Homes Listed per Price Range
A visual list price spectrum representation
| $230kto$274k | $274kto$318k | $318kto$362k | $362kto$406k | $406kto$450k | |
|---|---|---|---|---|---|
| 2024 | 2 | 3 | 6 | 2 | 3 |
Sold Listings
25
Average Selling Price
$188,753
Typical Selling Price
$3k to $301k
Homes Sold per Price Range
A visual sold price spectrum representation
| $2kto$76k | $76kto$149k | $149kto$223k | $223kto$296k | $296kto$370k | $370kto$443k | |
|---|---|---|---|---|---|---|
| 2024 | 11 | 5 | 4 | 6 | ||
Average Sold Price per Sq Ft
$128
Typical Sold Price per Sq Ft
$122 to $141
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $1to$27 | $27to$54 | $54to$81 | $81to$107 | $107to$134 | $134to$161 | |
|---|---|---|---|---|---|---|
| 2024 | 10 | 2 | 9 | 4 | ||
Average Days to Sell
43
Typical Days to Sell
8 to 51
Days on the Market Distribution
The number of homes sold in each DOM range
| 2to37 | 37to71 | 71to106 | 106to141 | 141to175 | 175to210 | |
|---|---|---|---|---|---|---|
| 2024 | 16 | 4 | 2 | 2 | 2 | |
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%to1% | 1%to3% | 3%to4% | 4%to6% | 6%to7% | 7%to9% | 9%to10% | 10%to12% | 12%to13% | 13%to15% | 15%to16% | 16%to18% | 18%to19% | 19%to21% | 21%to22% | 22%to24% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 36 | 3 | 4 | 3 | 2 | 1 | 1 | 2 | ||||||||
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
| -5%to-1% | -1%to4% | 4%to9% | 9%to14% | 14%to19% | 19%to24% | |
|---|---|---|---|---|---|---|
| 2024 | 4 | 14 | 2 | 4 | 2 | |
Average Discount from Last List
1%
Typical Sold Discount from Last List
0% to 1%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -5%to-3% | -3%to0% | 0%to3% | 3%to5% | 5%to8% | 8%to11% | |
|---|---|---|---|---|---|---|
| 2024 | 4 | 1 | 15 | 2 | 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.
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