In-depth Real Estate Data: Local Markets

Galveston Island Research, Pricing, and Statistics

From July 26th, 2024 through January 22nd, 2025

Units Sold:

301

Average Sold Price:

$241,458

Average Sold Discount:

9%

Average Price Reduction:

4%

Average DOM:

113

Galveston Island's real estate market offers a diverse range of options, with 909 homes currently for sale. Prices average around $463,291, with listings ranging from $40,000 to $4,250,000. Homes typically feature 2 to 3 bedrooms and vary in size from 430 to 17,641 sq ft, making it an exciting time for buyers and sellers alike!

Active Listings

908

Average List Price

$448,769

Typical List Price

$250k to $502k

Homes Listed per Price Range

A visual list price spectrum representation

$29kto$240k$240kto$451k$451kto$662k$662kto$873k$873kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M$3.6Mto$3.8M$3.8Mto$4.0M$4.0Mto$4.3M
202521341115061357666324212

Sold Listings

301

Average Selling Price

$241,458

Typical Selling Price

$2k to $345k

Homes Sold per Price Range

A visual sold price spectrum representation

$500to$170k$170kto$340k$340kto$510k$510kto$680k$680kto$850k$850kto$1.0M$1.0Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.1M$3.1Mto$3.2M$3.2Mto$3.4M
20251438250668412

Average Sold Price per Sq Ft

$303

Typical Sold Price per Sq Ft

$215 to $368

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$79$79to$158$158to$237$237to$317$317to$396$396to$475$475to$554$554to$633$633to$712$712to$791$791to$822
2025983166452972132

Average Days to Sell

113

Typical Days to Sell

31 to 169

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8282to124124to165165to206206to247247to288288to329329to371371to412412to453453to494494to535535to577577to618618to659659to683
2025101693222261212105341113

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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-9%-9%to-6%-6%to-3%-3%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to21%21%to24%24%to27%27%to30%30%to33%33%to36%36%to39%39%to42%42%to45%45%to48%
202522551113115746230262276121218

Average Discount from Original List

9%

Typical Sold Discount from Original List

1% to 15%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-14%to-9%-9%to-5%-5%to-1%-1%to4%4%to8%8%to12%12%to17%17%to21%21%to25%25%to29%29%to34%34%to38%38%to42%42%to44%
20252161105437261914710432

Average Discount from Last List

5%

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

-16%to-13%-13%to-9%-9%to-6%-6%to-3%-3%to0%0%to3%3%to6%6%to10%10%to13%13%to16%16%to19%19%to22%22%to25%25%to29%29%to32%32%to35%35%to38%38%to41%41%to45%45%to48%
202521410257602517812342112

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.