In-depth Real Estate Data: Communities

West University Place Research, Pricing, and Statistics

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

Units Sold:

32

Average Sold Price:

$1,752,974

Average Sold Discount:

1%

Average Price Reduction:

1%

Average DOM:

56

West University Place offers a diverse real estate market with 13 homes currently for sale, featuring an average list price of $2,518,146. Homes range from 1,960 to 8,312 sq ft, with lot sizes averaging 10,685 sq ft. Whether you're buying or selling, this community boasts a variety of options to suit different lifestyles.

Active Listings

13

Average List Price

$2,518,146

Typical List Price

$650k to $3,750k

Homes Listed per Price Range

A visual list price spectrum representation

$450kto$1.4M$1.4Mto$2.3M$2.3Mto$3.2M$3.2Mto$4.1M$4.1Mto$5.0M
20245162

Sold Listings

32

Average Selling Price

$1,752,974

Typical Selling Price

$8k to $2,969k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$1.9M$1.9Mto$3.7M$3.7Mto$4.7M
202415144

Average Sold Price per Sq Ft

$547

Typical Sold Price per Sq Ft

$306 to $680

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$361$361to$720$720to$908
202413182

Average Days to Sell

56

Typical Days to Sell

4 to 48

Days on the Market Distribution

The number of homes sold in each DOM range

to2828to5555to8383to110110to138138to165165to193193to220220to248248to276276to303303to331331to358358to386386to413413to441441to469469to471
202420531112

Average Price Reduction

1%

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.)

-11%to-10%-10%to-9%-9%to-7%-7%to-6%-6%to-5%-5%to-4%-4%to-3%-3%to-1%-1%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to7%7%to8%8%to10%10%to11%11%to12%12%to13%
202411412442212

Average Discount from Original List

1%

Typical Sold Discount from Original List

-1% to 3%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-11%to-9%-9%to-6%-6%to-3%-3%to-1%-1%to2%2%to5%5%to8%8%to10%10%to10%
2024212412552

Average Discount from Last List

0%

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

-11%to-10%-10%to-8%-8%to-7%-7%to-5%-5%to-4%-4%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to8%
2024112221154122

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.