In-depth Real Estate Data: Local Markets

Montgomery-Magnolia Close In Research, Pricing, and Statistics

From August 4th, 2024 through January 31st, 2025

Units Sold:

552

Average Sold Price:

$426,813

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

73

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

596

Average List Price

$591,851

Typical List Price

$319k to $685k

Homes Listed per Price Range

A visual list price spectrum representation

$115kto$459k$459kto$804k$804kto$1.1M$1.1Mto$1.5M$1.5Mto$1.8M$1.8Mto$2.2M$2.2Mto$2.5M$2.5Mto$2.9M$2.9Mto$3.2M$3.2Mto$3.6M$3.6Mto$3.9M$3.9Mto$4.2M$4.2Mto$4.6M$4.6Mto$4.9M$4.9Mto$5.3M$5.3Mto$5.6M$5.6Mto$6.0M$6.0Mto$6.3M$6.3Mto$6.7M$6.7Mto$7.0M
2025307185483310721112

Sold Listings

552

Average Selling Price

$426,813

Typical Selling Price

$257k to $577k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$134k$134kto$266k$266kto$399k$399kto$531k$531kto$664k$664kto$796k$796kto$928k$928kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.5M$2.5Mto$2.6M
20251044715779623324198932132

Average Sold Price per Sq Ft

$207

Typical Sold Price per Sq Ft

$163 to $232

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$40$40to$79$79to$119$119to$158$158to$197$197to$236$236to$275$275to$315$315to$354$354to$393$393to$432$432to$472$472to$511$511to$550$550to$589$589to$628$628to$668$668to$707$707to$746$746to$785
202593249717792311483312

Average Days to Sell

73

Typical Days to Sell

15 to 100

Days on the Market Distribution

The number of homes sold in each DOM range

to4242to8585to127127to169169to211211to254254to296296to338338to380380to423423to465465to507507to549549to592592to634634to676676to718718to761761to803803to845
2025267114814017145441123

Average Price Reduction

3%

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.)

-16%to-14%-14%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to21%21%to23%23%to25%
20252215643987108826039201065214

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

-14%to-12%-12%to-10%-10%to-8%-8%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to6%6%to8%8%to10%10%to12%12%to14%14%to17%17%to19%19%to21%21%to23%23%to25%25%to28%28%to30%
2025113141514798876740281510943133

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

-14%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-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%
202511109232831055336147212212

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.