In-depth Real Estate Data: Communities

Somerset Green Research, Pricing, and Statistics

From May 18th, 2024 through November 14th, 2024

Units Sold:

23

Average Sold Price:

$749,065

Average Sold Discount:

1%

Average Price Reduction:

1%

Average DOM:

66

Somerset Green offers a vibrant community with 22 homes currently for sale, ranging from $685,000 to $1,497,000. With average home sizes around 3,022 sq ft and modern builds from 2018 to 2023, buyers can find spacious options featuring 3 to 4 bedrooms. Whether you're looking to buy or sell, this neighborhood has plenty to offer!

Active Listings

22

Average List Price

$925,691

Typical List Price

$762k to $1,060k

Homes Listed per Price Range

A visual list price spectrum representation

$685kto$820k$820kto$956k$956kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M
2024773312

Sold Listings

23

Average Selling Price

$749,065

Typical Selling Price

$703k to $868k

Homes Sold per Price Range

A visual sold price spectrum representation

$5kto$195k$195kto$386k$386kto$577k$577kto$768k$768kto$959k$959kto$1.1M
20242994

Average Sold Price per Sq Ft

$306

Typical Sold Price per Sq Ft

$289 to $326

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$2to$64$64to$126$126to$188$188to$251$251to$313$313to$375
20242175

Average Days to Sell

66

Typical Days to Sell

15 to 91

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8181to122122to163163to203203to244
20241162122

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

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.)

-3%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to5%5%to6%6%to7%7%to8%8%to9%9%to11%11%to12%12%to13%13%to14%14%to15%15%to15%
2024124025441112

Average Discount from Original List

1%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-32%to-25%-25%to-18%-18%to-11%-11%to-4%-4%to3%3%to10%
20241149

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

-37%to-30%-30%to-22%-22%to-15%-15%to-7%-7%to1%1%to8%
20241815

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.