In-depth Real Estate Data: Communities

West Lane Research, Pricing, and Statistics

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

Units Sold:

8

Average Sold Price:

$941,901

Average Sold Discount:

7%

Average Price Reduction:

3%

Average DOM:

55

The West Lane community currently has 5 homes for sale, with an average list price of $1,113,600. Homes range from 2,711 to 4,274 sq ft, featuring lot sizes between 1,924 and 8,092 sq ft. With properties built between 1991 and 2001, this area offers a variety of options for buyers and sellers alike.

Sold Listings

8

Average Selling Price

$941,901

Typical Selling Price

$786k to $1,271k

Homes Sold per Price Range

A visual sold price spectrum representation

$358kto$689k$689kto$1.0M$1.0Mto$1.4M
2024234

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

$186to$265$265to$343$343to$422
2024324

Average Days to Sell

55

Typical Days to Sell

18 to 73

Days on the Market Distribution

The number of homes sold in each DOM range

5to4949to9494to138
2024432

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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%to5%5%to7%7%to9%9%to11%11%to14%
202410252

Average Discount from Original List

7%

Typical Sold Discount from Original List

2% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to9%9%to18%18%to26%
2024512

Average Discount from Last List

5%

Typical Sold Discount from Last List

2% to 7%

Negotiated Disocunts from Final List Price

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

0%to5%5%to11%11%to16%
202463

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.