In-depth Real Estate Data: Local Markets

Downtown Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

17

Average Sold Price:

$311,935

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

95

The Downtown local market in Houston offers a diverse range of homes, with 39 properties currently for sale. Prices range from $225,000 to $654,899, with an average list price of $388,763. Homes typically feature 1 to 2 bedrooms and average around 1,355 sq ft. Whether you're buying or selling, now's a great time to explore your options!

Active Listings

39

Average List Price

$388,763

Typical List Price

$287k to $488k

Homes Listed per Price Range

A visual list price spectrum representation

$173kto$291k$291kto$409k$409kto$528k$528kto$646k$646kto$695k
20241014845

Sold Listings

17

Average Selling Price

$311,935

Typical Selling Price

$247k to $333k

Homes Sold per Price Range

A visual sold price spectrum representation

$185kto$261k$261kto$337k$337kto$413k$413kto$488k$488kto$564k$564kto$640k
202476212

Average Sold Price per Sq Ft

$300

Typical Sold Price per Sq Ft

$237 to $350

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$141to$185$185to$229$229to$273$273to$317$317to$362$362to$406
2024326313

Average Days to Sell

95

Typical Days to Sell

15 to 108

Days on the Market Distribution

The number of homes sold in each DOM range

1to8181to161161to242242to322322to402402to482
2024122112

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%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to13%13%to15%15%to16%16%to18%18%to19%19%to21%21%to22%22%to24%24%to25%25%to27%27%to28%28%to30%
20245155512114

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to5%5%to10%10%to15%15%to20%20%to25%25%to30%
202411412

Average Discount from Last List

3%

Typical Sold Discount from Last List

1% to 4%

Negotiated Disocunts from Final List Price

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

0%to2%2%to4%4%to6%6%to8%8%to11%11%to13%
202476212

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.