In-depth Real Estate Data: Communities

Timber Forest Research, Pricing, and Statistics

From May 8th, 2024 through November 4th, 2024

Units Sold:

11

Average Sold Price:

$144,586

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

27

Timber Forest offers a variety of homes for sale, with prices averaging $257,475 and ranging from $245,000 to $330,000. Homes typically feature 3 to 4 bedrooms and average around 1,850 sq ft, set on spacious lots averaging 7,059 sq ft. With properties spending 15 to 31 days on the market, it's a great time to explore your options!

Sold Listings

11

Average Selling Price

$144,586

Typical Selling Price

$2k to $287k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$60k$60kto$118k$118kto$175k$175kto$233k$233kto$291k
2024526

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$27$27to$54$54to$81$81to$107$107to$134
20245115

Average Days to Sell

27

Typical Days to Sell

13 to 39

Days on the Market Distribution

The number of homes sold in each DOM range

1to1313to2626to3838to5151to63
202432322

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.)

0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%
202414244

Average Discount from Original List

3%

Typical Sold Discount from Original List

1% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-7%-7%to-1%-1%to4%4%to10%10%to16%
20241713

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

-12%to-7%-7%to-1%-1%to4%4%to10%10%to16%
20241182

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.