In-depth Real Estate Data: Local Markets

Galleria Research, Pricing, and Statistics

From October 24th, 2024 through April 22nd, 2025

Units Sold:

67

Average Sold Price:

$943,055

Average Sold Discount:

8%

Average Price Reduction:

2%

Average DOM:

117

The Galleria local market in Houston offers a diverse range of homes, with 570 listings priced from $70,000 to $7,999,999. Average home sizes are around 2,252 sq ft, and properties typically feature 2 to 3 bedrooms. With active builders like Partners in Building and Pelican Builders, there's something for everyone, whether buying or selling!

Active Listings

533

Average List Price

$807,374

Typical List Price

$229k to $950k

Homes Listed per Price Range

A visual list price spectrum representation

$65kto$462k$462kto$859k$859kto$1.3M$1.3Mto$1.7M$1.7Mto$2.0M$2.0Mto$2.4M$2.4Mto$2.8M$2.8Mto$3.2M$3.2Mto$3.6M$3.6Mto$4.0M$4.0Mto$4.4M$4.4Mto$4.8M$4.8Mto$5.2M$5.2Mto$5.6M$5.6Mto$6.0M$6.0Mto$6.4M$6.4Mto$6.8M$6.8Mto$7.2M$7.2Mto$7.6M$7.6Mto$8.0M
20252879250282712877102112

Sold Listings

67

Average Selling Price

$943,055

Typical Selling Price

$257k to $1,228k

Homes Sold per Price Range

A visual sold price spectrum representation

$110kto$588k$588kto$1.1M$1.1Mto$1.5M$1.5Mto$2.0M$2.0Mto$2.5M$2.5Mto$3.0M$3.0Mto$3.5M$3.5Mto$3.9M$3.9Mto$4.3M
202536136321214

Average Sold Price per Sq Ft

$304

Typical Sold Price per Sq Ft

$177 to $359

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$100to$193$193to$286$286to$379$379to$472$472to$565$565to$658$658to$751$751to$844$844to$936$936to$1,029$1,029to$1,122$1,122to$1,215$1,215to$1,286
20252815107313

Average Days to Sell

117

Typical Days to Sell

20 to 141

Days on the Market Distribution

The number of homes sold in each DOM range

to6060to120120to179179to239239to299299to359359to419419to479479to538538to598598to658658to685
20253115854122

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.)

-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to21%21%to23%23%to25%25%to27%27%to29%29%to31%
2025323454465537271211115441322

Average Discount from Original List

8%

Typical Sold Discount from Original List

2% to 14%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-8%to-2%-2%to4%4%to10%10%to16%16%to22%22%to28%28%to34%34%to36%
20253251318432

Average Discount from Last List

4%

Typical Sold Discount from Last List

0% to 6%

Negotiated Disocunts from Final List Price

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

-8%to-5%-5%to-2%-2%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to17%17%to18%
202521713217422

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.