In-depth Real Estate Data: Communities

Sunset Terrace Research, Pricing, and Statistics

From March 23rd, 2024 through September 19th, 2024

Units Sold:

13

Average Sold Price:

$2,045,602

Average Sold Discount:

2%

Average Price Reduction:

2%

Average DOM:

43

Sunset Terrace offers a vibrant real estate market with 6 homes for sale, featuring an average list price of $2,806,333. Homes range from 2,042 to 8,041 sq ft, with lot sizes averaging 10,133 sq ft. With properties built between 1992 and 2010, it's a great time to explore buying or selling in this desirable community!

Active Listings

6

Average List Price

$2,806,333

Typical List Price

$2,477k to $2,631k

Homes Listed per Price Range

A visual list price spectrum representation

$1.2Mto$2.6M$2.6Mto$4.1M$4.1Mto$5.5M
2024412

Sold Listings

13

Average Selling Price

$2,045,602

Typical Selling Price

$1,608k to $2,615k

Homes Sold per Price Range

A visual sold price spectrum representation

$935kto$1.5M$1.5Mto$2.2M$2.2Mto$2.8M$2.8Mto$3.4M$3.4Mto$4.0M
202436212

Average Sold Price per Sq Ft

$540

Typical Sold Price per Sq Ft

$498 to $566

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$297to$433$433to$569$569to$705$705to$841$841to$978
20243442

Average Days to Sell

43

Typical Days to Sell

8 to 63

Days on the Market Distribution

The number of homes sold in each DOM range

1to3131to6161to9090to120120to150
20247223

Average Price Reduction

2%

Typical Price Reduction

0% to 4%

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%to3%3%to5%5%to8%8%to11%11%to13%13%to16%
2024175212

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-6%-6%to0%0%to7%7%to13%13%to19%
202433332

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-12%to-6%-6%to0%0%to7%7%to13%13%to19%
202433512

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.