In-depth Real Estate Data: Communities

Sunset Terrace Research, Pricing, and Statistics

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

Units Sold:

18

Average Sold Price:

$1,741,418

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

38

Sunset Terrace offers a vibrant real estate market with 5 homes for sale, featuring an average list price of $3,284,600. Homes range from 4 to 5 bedrooms and sizes from 4,988 to 6,328 sq ft. With lot sizes averaging 8,709 sq ft and built between 1992 and 2019, it's an ideal community for families seeking spacious living.

Sold Listings

18

Average Selling Price

$1,741,418

Typical Selling Price

$1,127k to $2,449k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$667k$667kto$1.3M$1.3Mto$2.0M$2.0Mto$2.7M$2.7Mto$3.3M$3.3Mto$4.0M
2024337132

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$164$164to$327$327to$489$489to$652$652to$815$815to$978
202433102

Average Days to Sell

38

Typical Days to Sell

7 to 60

Days on the Market Distribution

The number of homes sold in each DOM range

1to2323to4545to6767to8888to110110to132
2024842212

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.)

-11%to-9%-9%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to1%1%to3%3%to5%5%to7%7%to9%9%to10%10%to12%12%to14%14%to16%16%to17%
202412423213

Average Discount from Original List

3%

Typical Sold Discount from Original List

-6% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-6%-6%to1%1%to7%7%to14%14%to20%20%to26%
2024534322

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 6%

Negotiated Disocunts from Final List Price

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

-12%to-7%-7%to-1%-1%to4%4%to10%10%to15%15%to21%
20244843

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.