In-depth Real Estate Data: Local Markets

Montgomery-Magnolia Close In Research, Pricing, and Statistics

From May 27th, 2024 through November 23rd, 2024

Units Sold:

701

Average Sold Price:

$527,075

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

79

The Montgomery-Magnolia Close In market offers a diverse range of homes, with prices ranging from $175,000 to $4,295,000 and an average list price of $612,361. With 600 active listings, buyers can find homes averaging 2,801 sq ft on lots averaging 32,941 sq ft. This area is ideal for those seeking spacious living options!

Active Listings

602

Average List Price

$612,253

Typical List Price

$330k to $744k

Homes Listed per Price Range

A visual list price spectrum representation

$129kto$337k$337kto$546k$546kto$754k$754kto$962k$962kto$1.2M$1.2Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.3M$3.3Mto$3.5M$3.5Mto$3.7M$3.7Mto$3.9M$3.9Mto$4.1M$4.1Mto$4.3M
20241621941035830251255311112

Sold Listings

701

Average Selling Price

$527,075

Typical Selling Price

$318k to $627k

Homes Sold per Price Range

A visual sold price spectrum representation

$65kto$222k$222kto$379k$379kto$535k$535kto$692k$692kto$849k$849kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.0M$3.0Mto$3.2M
2024392251711276232217433111113

Average Sold Price per Sq Ft

$209

Typical Sold Price per Sq Ft

$164 to $237

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$81to$121$121to$162$162to$203$203to$244$244to$284$284to$325$325to$366$366to$407$407to$447$447to$488$488to$529$529to$569$569to$610$610to$651$651to$692$692to$732$732to$773$773to$814$814to$855$855to$895
20242113927614443121322222

Average Days to Sell

79

Typical Days to Sell

10 to 120

Days on the Market Distribution

The number of homes sold in each DOM range

to3838to7575to113113to150150to188188to226226to263263to301301to338338to376376to414414to451451to489489to526526to564564to602602to639639to677677to714714to752
20243161257353523618953122223

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.)

-16%to-13%-13%to-10%-10%to-7%-7%to-5%-5%to-2%-2%to1%1%to4%4%to7%7%to10%10%to12%12%to15%15%to18%18%to21%21%to24%24%to27%27%to30%30%to32%32%to35%35%to38%38%to41%
20242111101,012298185104482517521113

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

-16%to-13%-13%to-9%-9%to-6%-6%to-3%-3%to0%0%to4%4%to7%7%to10%10%to13%13%to17%17%to20%20%to23%23%to26%26%to30%30%to33%33%to36%36%to40%40%to43%43%to46%46%to49%
2024212211761821288746289554112

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-23%to-19%-19%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to3%3%to6%6%to10%10%to13%13%to17%17%to21%21%to24%24%to28%28%to31%31%to35%35%to39%39%to42%42%to46%46%to49%
2024112551407149442111312112

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.