Fall Creek-Summerwood-Groves Research, Pricing, and Statistics
Units Sold:
431
Average Sold Price:
$405,906
Average Sold Discount:
4%
Average Price Reduction:
2%
Average DOM:
86
The Fall Creek-Summerwood-Groves market offers a diverse selection of homes, with 465 active listings priced from $140,000 to $1,400,000. The average home spans 2,743 sq ft on lots averaging 8,273 sq ft. With homes built between 2008 and 2021, this area is ideal for both buyers and sellers looking for variety and value.
Active Listings
467
Average List Price
$433,303
Typical List Price
$330k to $469k
Homes Listed per Price Range
A visual list price spectrum representation
| $140kto$308k | $308kto$476k | $476kto$644k | $644kto$812k | $812kto$980k | $980kto$1.1M | $1.1Mto$1.3M | $1.3Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.8M | $1.8Mto$2.0M | $2.0Mto$2.2M | $2.2Mto$2.3M | $2.3Mto$2.5M | $2.5Mto$2.7M | $2.7Mto$2.8M | $2.8Mto$3.0M | $3.0Mto$3.2M | $3.2Mto$3.3M | $3.3Mto$3.5M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 66 | 295 | 63 | 32 | 5 | 2 | 1 | 2 | 2 | |||||||||||
Sold Listings
431
Average Selling Price
$405,906
Typical Selling Price
$312k to $468k
Homes Sold per Price Range
A visual sold price spectrum representation
| $45kto$107k | $107kto$169k | $169kto$231k | $231kto$293k | $293kto$356k | $356kto$418k | $418kto$480k | $480kto$542k | $542kto$604k | $604kto$666k | $666kto$728k | $728kto$790k | $790kto$852k | $852kto$914k | $914kto$977k | $977kto$1.0M | $1.0Mto$1.1M | $1.1Mto$1.2M | $1.2Mto$1.2M | $1.2Mto$1.3M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 9 | 16 | 50 | 110 | 83 | 60 | 34 | 22 | 20 | 14 | 9 | 1 | 1 | 2 | |||||
Average Sold Price per Sq Ft
$158
Typical Sold Price per Sq Ft
$137 to $174
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $67to$85 | $85to$103 | $103to$121 | $121to$139 | $139to$157 | $157to$175 | $175to$193 | $193to$211 | $211to$229 | $229to$247 | $247to$265 | $265to$283 | $283to$301 | $301to$319 | $319to$337 | $337to$355 | $355to$372 | $372to$390 | $390to$408 | $408to$426 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 6 | 26 | 89 | 125 | 98 | 52 | 15 | 8 | 1 | 1 | 1 | 2 | |||||||
Average Days to Sell
86
Typical Days to Sell
17 to 122
Days on the Market Distribution
The number of homes sold in each DOM range
| to33 | 33to65 | 65to98 | 98to130 | 130to163 | 163to196 | 196to228 | 228to261 | 261to293 | 293to326 | 326to359 | 359to391 | 391to424 | 424to456 | 456to489 | 489to522 | 522to554 | 554to587 | 587to619 | 619to652 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 167 | 76 | 51 | 36 | 26 | 22 | 19 | 9 | 11 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 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.)
| -12%to-10% | -10%to-8% | -8%to-7% | -7%to-5% | -5%to-3% | -3%to-1% | -1%to1% | 1%to3% | 3%to4% | 4%to6% | 6%to8% | 8%to10% | 10%to12% | 12%to14% | 14%to15% | 15%to17% | 17%to19% | 19%to21% | 21%to23% | 23%to25% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 2 | 1 | 2 | 4 | 10 | 693 | 125 | 128 | 86 | 65 | 33 | 22 | 22 | 13 | 16 | 5 | 1 | 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
| -13%to-11% | -11%to-8% | -8%to-6% | -6%to-3% | -3%to-1% | -1%to2% | 2%to4% | 4%to7% | 7%to9% | 9%to12% | 12%to14% | 14%to17% | 17%to19% | 19%to22% | 22%to24% | 24%to27% | 27%to29% | 29%to31% | 31%to34% | 34%to36% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 4 | 3 | 16 | 145 | 100 | 56 | 45 | 18 | 20 | 11 | 3 | 3 | 2 | 1 | 2 | ||||
Average Discount from Last List
2%
Typical Sold Discount from Last List
0% to 3%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -15%to-12% | -12%to-10% | -10%to-8% | -8%to-5% | -5%to-3% | -3%to0% | 0%to2% | 2%to4% | 4%to7% | 7%to9% | 9%to11% | 11%to14% | 14%to16% | 16%to18% | 18%to21% | 21%to23% | 23%to26% | 26%to28% | 28%to30% | 30%to33% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 2 | 3 | 1 | 11 | 28 | 227 | 89 | 36 | 18 | 10 | 1 | 2 | 2 | ||||||
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.
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