In-depth Real Estate Data: Local Markets

Brays Oaks-Fondren Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

271

Average Sold Price:

$243,868

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

59

The Brays Oaks-Fondren market offers a diverse range of homes, with 300 listings priced from $55,000 to $795,000. Average homes span 1,767 sq ft on lots averaging 69,456 sq ft. With properties built between 1964 and 1981, this area is ideal for buyers seeking value and space.

Active Listings

302

Average List Price

$262,042

Typical List Price

$125k to $350k

Homes Listed per Price Range

A visual list price spectrum representation

$45kto$112k$112kto$179k$179kto$246k$246kto$313k$313kto$380k$380kto$447k$447kto$514k$514kto$581k$581kto$648k$648kto$716k$716kto$780k
2024644728495530812352

Sold Listings

271

Average Selling Price

$243,868

Typical Selling Price

$138k to $321k

Homes Sold per Price Range

A visual sold price spectrum representation

$42kto$99k$99kto$155k$155kto$212k$212kto$268k$268kto$325k$325kto$381k$381kto$438k$438kto$494k$494kto$551k$551kto$608k$608kto$615k
2024433732534129146953

Average Sold Price per Sq Ft

$142

Typical Sold Price per Sq Ft

$102 to $172

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$39to$58$58to$77$77to$96$96to$115$115to$134$134to$153$153to$172$172to$192$192to$211$211to$230$230to$249$249to$265
202451834443645321821773

Average Days to Sell

59

Typical Days to Sell

9 to 84

Days on the Market Distribution

The number of homes sold in each DOM range

to2323to4646to6969to9292to115115to138138to161161to184184to207207to230230to253253to276276to299299to322322to345345to368368to391391to414414to437437to458
2024122373518151454911331112

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.)

-40%to-36%-36%to-31%-31%to-27%-27%to-23%-23%to-18%-18%to-14%-14%to-10%-10%to-6%-6%to-1%-1%to3%3%to7%7%to12%12%to16%16%to20%20%to25%25%to29%29%to33%33%to38%38%to42%42%to46%
20241131056094461863112

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to15%15%to18%18%to21%21%to24%24%to27%27%to30%30%to33%33%to36%36%to39%39%to42%42%to45%
202421322483614023856431122

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-16%to-13%-13%to-11%-11%to-8%-8%to-5%-5%to-3%-3%to0%0%to3%3%to6%6%to8%8%to11%11%to14%14%to16%16%to19%19%to22%22%to24%24%to27%27%to30%30%to32%32%to35%35%to38%
202421598060562612452111132

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.