In-depth Real Estate Data: Local Markets

Montgomery-Dobbin Research, Pricing, and Statistics

From May 19th, 2024 through November 15th, 2024

Units Sold:

278

Average Sold Price:

$484,932

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

112

The Montgomery-Dobbin local market in Houston offers a diverse range of homes, with 274 active listings priced from $159,990 to $2,990,000. The average home spans 2,410 sq ft on generous lots averaging 48,515 sq ft. Whether you're buying or selling, this market presents ample opportunities for various budgets and preferences.

Active Listings

276

Average List Price

$551,414

Typical List Price

$289k to $648k

Homes Listed per Price Range

A visual list price spectrum representation

$115kto$259k$259kto$403k$403kto$546k$546kto$690k$690kto$834k$834kto$978k$978kto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.8M$2.8Mto$3.0M
2024281372125231163622223213

Sold Listings

278

Average Selling Price

$484,932

Typical Selling Price

$251k to $539k

Homes Sold per Price Range

A visual sold price spectrum representation

$25kto$229k$229kto$432k$432kto$636k$636kto$839k$839kto$1.0M$1.0Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.1M$3.1Mto$3.3M$3.3Mto$3.5M$3.5Mto$3.7M$3.7Mto$3.9M$3.9Mto$4.1M
20245413139208667211112

Average Sold Price per Sq Ft

$211

Typical Sold Price per Sq Ft

$159 to $243

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$56to$95$95to$134$134to$174$174to$213$213to$253$253to$292$292to$331$331to$371$371to$410$410to$449$449to$489$489to$528$528to$567$567to$607$607to$646$646to$685$685to$725$725to$764$764to$803$803to$843
2024121724328195342124212

Average Days to Sell

112

Typical Days to Sell

20 to 147

Days on the Market Distribution

The number of homes sold in each DOM range

to6666to132132to198198to264264to331331to397397to463463to529529to595595to661661to727727to793793to859859to925925to991991to1,0581,058to1,1241,124to1,1901,190to1,2561,256to1,322
20241426029151076411112

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.)

-48%to-44%-44%to-39%-39%to-34%-34%to-30%-30%to-25%-25%to-20%-20%to-16%-16%to-11%-11%to-6%-6%to-2%-2%to3%3%to8%8%to13%13%to17%17%to22%22%to27%27%to31%31%to36%36%to41%41%to45%
20241115319493126482131132

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-35%to-31%-31%to-27%-27%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to1%1%to5%5%to9%9%to13%13%to17%17%to21%21%to25%25%to29%29%to33%33%to37%37%to41%41%to45%
20241112272705234188521323

Average Discount from Last List

4%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-20%to-17%-17%to-14%-14%to-10%-10%to-7%-7%to-4%-4%to0%0%to3%3%to6%6%to10%10%to13%13%to16%16%to20%20%to23%23%to26%26%to29%29%to33%33%to36%36%to39%39%to43%43%to46%
20241228158482315733211122

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.