In-depth Real Estate Data: Local Markets

Hitchcock Research, Pricing, and Statistics

From March 23rd, 2024 through September 19th, 2024

Units Sold:

82

Average Sold Price:

$283,078

Average Sold Discount:

12%

Average Price Reduction:

4%

Average DOM:

141

Hitchcock's local market offers a diverse range of homes, with 111 properties currently for sale. Prices range from $55,000 to $1,980,000, with an average list price of $493,196. Home sizes vary from 560 to 4,774 sq ft, making it a great time to buy or sell in this vibrant community!

Active Listings

112

Average List Price

$490,221

Typical List Price

$312k to $526k

Homes Listed per Price Range

A visual list price spectrum representation

$55kto$151k$151kto$248k$248kto$344k$344kto$440k$440kto$536k$536kto$633k$633kto$729k$729kto$825k$825kto$921k$921kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M
2024314183219871212213

Sold Listings

82

Average Selling Price

$283,078

Typical Selling Price

$146k to $355k

Homes Sold per Price Range

A visual sold price spectrum representation

$10kto$106k$106kto$203k$203kto$299k$299kto$396k$396kto$492k$492kto$589k$589kto$685k$685kto$782k$782kto$878k$878kto$974k$974kto$1.1M$1.1Mto$1.1M
202417162014524122

Average Sold Price per Sq Ft

$267

Typical Sold Price per Sq Ft

$193 to $333

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$45to$127$127to$210$210to$292$292to$374$374to$431
2024111911156

Average Days to Sell

141

Typical Days to Sell

28 to 219

Days on the Market Distribution

The number of homes sold in each DOM range

1to8989to177177to264264to352352to440440to528528to616616to670
2024431210112122

Average Price Reduction

4%

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.)

-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%24%to26%26%to28%28%to30%30%to32%32%to34%34%to36%
20242140101924953243121233

Average Discount from Original List

12%

Typical Sold Discount from Original List

4% to 17%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-4%to2%2%to8%8%to14%14%to19%19%to25%25%to31%31%to37%37%to39%
202413331083574

Average Discount from Last List

6%

Typical Sold Discount from Last List

0% to 9%

Negotiated Disocunts from Final List Price

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

-2%to2%2%to6%6%to10%10%to14%14%to18%18%to22%22%to27%27%to31%31%to35%35%to39%39%to39%
20242826105811112

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.