In-depth Real Estate Data: Communities

Three Lakes Research, Pricing, and Statistics

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

Units Sold:

20

Average Sold Price:

$239,810

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

49

The Three Lakes community currently has 7 homes for sale, with an average list price of $235,543. Homes typically range from 1,240 to 1,826 sq ft and feature average lot sizes of 4,716 sq ft. With prices between $225,000 and $250,000, it’s a great time to explore buying or selling in this vibrant neighborhood!

Active Listings

7

Average List Price

$235,543

Typical List Price

$225k to $247k

Homes Listed per Price Range

A visual list price spectrum representation

$220kto$230k$230kto$240k$240kto$250k
2024314

Sold Listings

20

Average Selling Price

$239,810

Typical Selling Price

$224k to $248k

Homes Sold per Price Range

A visual sold price spectrum representation

$195kto$218k$218kto$242k$242kto$265k$265kto$288k$288kto$312k$312kto$335k
202445822

Average Sold Price per Sq Ft

$166

Typical Sold Price per Sq Ft

$152 to $181

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$122to$132$132to$141$141to$151$151to$161$161to$170$170to$180
2024432633

Average Days to Sell

49

Typical Days to Sell

22 to 69

Days on the Market Distribution

The number of homes sold in each DOM range

7to3434to6060to8787to114114to140140to167
202477322

Average Price Reduction

2%

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.)

-6%to-4%-4%to-3%-3%to-2%-2%to-1%-1%to0%0%to2%2%to3%3%to4%4%to5%5%to7%7%to8%8%to9%9%to10%10%to11%
20241235311212

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to-2%-2%to1%1%to3%3%to6%6%to8%8%to11%
2024162237

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-4%to-2%-2%to1%1%to3%3%to6%6%to9%9%to11%
2024285123

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.