In-depth Real Estate Data: Local Markets

Hobby Airport Research, Pricing, and Statistics

From May 18th, 2024 through November 14th, 2024

Units Sold:

9

Average Sold Price:

$235,111

Average Sold Discount:

4%

Average Price Reduction:

4%

Average DOM:

66

The Hobby Airport local market offers a diverse selection of homes, with 7 properties currently for sale. Average list prices are around $299,329, with sizes ranging from 1,200 to 3,280 sq ft. Buyers can find homes on spacious lots averaging 12,598 sq ft, making it an appealing area for families and those seeking room to grow.

Active Listings

7

Average List Price

$299,329

Typical List Price

$241k to $382k

Homes Listed per Price Range

A visual list price spectrum representation

$175kto$255k$255kto$335k$335kto$415k
2024314

Sold Listings

9

Average Selling Price

$235,111

Typical Selling Price

$150k to $285k

Homes Sold per Price Range

A visual sold price spectrum representation

$72kto$198k$198kto$324k$324kto$450k
2024433

Average Sold Price per Sq Ft

$165

Typical Sold Price per Sq Ft

$150 to $198

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$102to$137$137to$173$173to$208
2024414

Average Days to Sell

66

Typical Days to Sell

10 to 138

Days on the Market Distribution

The number of homes sold in each DOM range

1to5757to112112to168
202464

Average Price Reduction

4%

Typical Price Reduction

0% to 5%

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.)

-11%to-4%-4%to3%3%to9%9%to16%16%to23%23%to30%
20241123112

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

-7%to-1%-1%to5%5%to12%
2024235

Average Discount from Last List

4%

Typical Sold Discount from Last List

3% to 6%

Negotiated Disocunts from Final List Price

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

-2%to3%3%to7%7%to12%
2024253

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.