Towne Lake Research, Pricing, and Statistics
Units Sold:
147
Average Sold Price:
$580,495
Average Sold Discount:
4%
Average Price Reduction:
2%
Average DOM:
67
Towne Lake offers a diverse selection of homes with 117 active listings ranging from $339,999 to $3,585,000. With an average list price of $740,392, homes vary in size from 1,619 to 8,341 sq ft, making it an attractive option for buyers and sellers alike. Whether you're looking for a cozy retreat or a spacious family home, there's something for everyone in this vibrant community.
Active Listings
117
Average List Price
$740,392
Typical List Price
$475k to $848k
Homes Listed per Price Range
A visual list price spectrum representation
| $340kto$502k | $502kto$664k | $664kto$827k | $827kto$989k | $989kto$1.2M | $1.2Mto$1.3M | $1.3Mto$1.5M | $1.5Mto$1.6M | $1.6Mto$1.8M | $1.8Mto$2.0M | $2.0Mto$2.1M | $2.1Mto$2.3M | $2.3Mto$2.4M | $2.4Mto$2.6M | $2.6Mto$2.8M | $2.8Mto$2.9M | $2.9Mto$3.1M | $3.1Mto$3.3M | $3.3Mto$3.4M | $3.4Mto$3.6M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 39 | 41 | 7 | 10 | 6 | 2 | 3 | 1 | 6 | 1 | 2 | |||||||||
Sold Listings
147
Average Selling Price
$580,495
Typical Selling Price
$423k to $735k
Homes Sold per Price Range
A visual sold price spectrum representation
| $3kto$121k | $121kto$239k | $239kto$357k | $357kto$475k | $475kto$593k | $593kto$711k | $711kto$829k | $829kto$948k | $948kto$1.1M | $1.1Mto$1.2M | $1.2Mto$1.3M | $1.3Mto$1.4M | $1.4Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.8M | $1.8Mto$1.9M | $1.9Mto$2.0M | $2.0Mto$2.1M | $2.1Mto$2.2M | $2.2Mto$2.3M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 18 | 6 | 36 | 31 | 18 | 10 | 12 | 7 | 2 | 2 | 1 | 1 | 2 | 2 | ||||||
Average Sold Price per Sq Ft
$220
Typical Sold Price per Sq Ft
$189 to $231
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $1to$22 | $22to$43 | $43to$64 | $64to$85 | $85to$106 | $106to$128 | $128to$149 | $149to$170 | $170to$191 | $191to$212 | $212to$233 | $233to$254 | $254to$275 | $275to$296 | $296to$317 | $317to$339 | $339to$360 | $360to$381 | $381to$402 | $402to$423 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 18 | 2 | 7 | 42 | 43 | 17 | 5 | 3 | 2 | 1 | 3 | 1 | 1 | 1 | 2 | |||||
Average Days to Sell
67
Typical Days to Sell
13 to 98
Days on the Market Distribution
The number of homes sold in each DOM range
| to33 | 33to65 | 65to98 | 98to130 | 130to163 | 163to195 | 195to228 | 228to260 | 260to293 | 293to326 | 326to358 | 358to391 | 391to423 | 423to456 | 456to488 | 488to521 | 521to553 | 553to586 | 586to618 | 618to651 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 61 | 37 | 12 | 14 | 10 | 5 | 2 | 1 | 3 | 1 | 2 | |||||||||
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.)
| -6%to-5% | -5%to-3% | -3%to-2% | -2%to0% | 0%to2% | 2%to3% | 3%to5% | 5%to6% | 6%to8% | 8%to9% | 9%to11% | 11%to13% | 13%to14% | 14%to16% | 16%to17% | 17%to19% | 19%to20% | 20%to22% | 22%to23% | 23%to25% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 2 | 208 | 20 | 54 | 33 | 21 | 11 | 16 | 8 | 11 | 5 | 3 | 2 | 2 | |||||
Average Discount from Original List
4%
Typical Sold Discount from Original List
0% to 7%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -4%to-2% | -2%to1% | 1%to4% | 4%to7% | 7%to10% | 10%to12% | 12%to15% | 15%to18% | 18%to21% | 21%to23% | 23%to26% | 26%to29% | 29%to32% | 32%to32% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4 | 48 | 29 | 25 | 15 | 13 | 8 | 2 | 1 | 1 | 2 | |||
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
| -24%to-22% | -22%to-20% | -20%to-18% | -18%to-16% | -16%to-14% | -14%to-12% | -12%to-10% | -10%to-8% | -8%to-6% | -6%to-4% | -4%to-2% | -2%to0% | 0%to1% | 1%to3% | 3%to5% | 5%to7% | 7%to9% | 9%to11% | 11%to13% | 13%to15% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 4 | 5 | 63 | 28 | 27 | 8 | 7 | 2 | 3 | ||||||||||
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.
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