In-depth Real Estate Data: Communities

Southmore Research, Pricing, and Statistics

From July 27th, 2024 through January 23rd, 2025

Units Sold:

24

Average Sold Price:

$303,573

Average Sold Discount:

5%

Average Price Reduction:

4%

Average DOM:

50

The Southmore community offers a diverse selection of homes, with 12 properties currently for sale. Average list prices are around $822,433, with sizes ranging from 2,129 to 3,196 sq ft. Homes here typically feature 2 to 3 bedrooms and sit on lots averaging 3,895 sq ft. Whether buying or selling, Southmore presents great opportunities!

Active Listings

14

Average List Price

$845,091

Typical List Price

$587k to $997k

Homes Listed per Price Range

A visual list price spectrum representation

$463kto$630k$630kto$798k$798kto$965k$965kto$1.1M$1.1Mto$1.3M
202542243

Sold Listings

24

Average Selling Price

$303,573

Typical Selling Price

$3k to $513k

Homes Sold per Price Range

A visual sold price spectrum representation

$895to$159k$159kto$317k$317kto$475k$475kto$634k$634kto$792k$792kto$950k
2025124423

Average Sold Price per Sq Ft

$297

Typical Sold Price per Sq Ft

$221 to $363

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$55$55to$109$109to$163$163to$218$218to$272$272to$326
2025121354

Average Days to Sell

50

Typical Days to Sell

13 to 62

Days on the Market Distribution

The number of homes sold in each DOM range

to4545to9090to135135to179179to224224to269
202513642

Average Price Reduction

4%

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.)

0%to6%6%to12%12%to18%18%to25%25%to31%31%to37%
202518112

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-7%to1%1%to8%8%to16%16%to23%23%to31%31%to39%
202511923

Average Discount from Last List

1%

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

-7%to-3%-3%to1%1%to5%5%to9%9%to13%13%to17%
2025114712

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.