In-depth Real Estate Data: Communities

Southbridge Research, Pricing, and Statistics

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

Units Sold:

16

Average Sold Price:

$142,773

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

59

Southbridge offers a diverse selection of homes, with five currently for sale. The average list price is $276,800, featuring homes ranging from 1,285 to 2,471 sq ft and lot sizes from 2,899 to 7,906 sq ft. Most homes have 3 to 4 bedrooms and were built between 1981 and 1998, making it a great community for families.

Sold Listings

16

Average Selling Price

$142,773

Typical Selling Price

$2k to $255k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$50k$50kto$98k$98kto$146k$146kto$194k$194kto$242k$242kto$290k
20247118

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$31$31to$60$60to$90$90to$119$119to$149$149to$179
20247118

Average Days to Sell

59

Typical Days to Sell

18 to 70

Days on the Market Distribution

The number of homes sold in each DOM range

to5353to106106to159159to211211to264264to317
202411312

Average Price Reduction

1%

Typical Price Reduction

0% to 1%

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%to1%1%to2%2%to4%4%to6%6%to8%
20241183212

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-8%to-5%-5%to-2%-2%to1%1%to4%4%to8%8%to11%
2024119114

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 0%

Negotiated Disocunts from Final List Price

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

-8%to-5%-5%to-2%-2%to1%1%to4%4%to8%8%to11%
202411222

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.