In-depth Real Estate Data: Local Markets

North Cypress Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

229

Average Sold Price:

$494,209

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

68

The North Cypress local market offers a diverse range of homes, with 200 properties currently for sale. Prices range from $249,000 to $2,600,000, with an average list price of $587,172. Homes vary in size from 1,320 to 10,196 sq ft, catering to various preferences and budgets.

Active Listings

200

Average List Price

$587,172

Typical List Price

$380k to $625k

Homes Listed per Price Range

A visual list price spectrum representation

$259kto$361k$361kto$463k$463kto$564k$564kto$666k$666kto$768k$768kto$870k$870kto$972k$972kto$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$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M
20244054392512542311434112

Sold Listings

229

Average Selling Price

$494,209

Typical Selling Price

$355k to $560k

Homes Sold per Price Range

A visual sold price spectrum representation

$200kto$300k$300kto$400k$400kto$500k$500kto$600k$600kto$700k$700kto$800k$800kto$900k$900kto$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$2.0Mto$2.1M$2.1Mto$2.2M
202426706220211374111112

Average Sold Price per Sq Ft

$205

Typical Sold Price per Sq Ft

$168 to $208

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$101to$128$128to$155$155to$181$181to$208$208to$235$235to$261$261to$288$288to$315$315to$341$341to$368$368to$395$395to$422$422to$448$448to$475$475to$502$502to$528$528to$555$555to$582$582to$608$608to$635
20246388666142412112

Average Days to Sell

68

Typical Days to Sell

7 to 105

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8181to122122to163163to203203to244244to285285to325325to366366to406407to447447to488488to528528to569569to610610to650650to691691to732732to772772to813
20241203424281261212

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.)

-8%to-6%-6%to-5%-5%to-3%-3%to-2%-2%to0%0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to13%13%to15%15%to16%16%to18%18%to19%19%to21%21%to23%
20244344203324848372920134742422

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-21%to-18%-18%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-2%-2%to2%2%to5%5%to8%8%to12%12%to15%15%to18%18%to22%22%to25%25%to28%28%to32%32%to35%35%to38%38%to42%42%to45%
20241277157452396342

Average Discount from Last List

3%

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

-26%to-23%-23%to-20%-20%to-18%-18%to-15%-15%to-12%-12%to-9%-9%to-7%-7%to-4%-4%to-1%-1%to2%2%to4%4%to7%7%to10%10%to13%13%to15%15%to18%18%to21%21%to24%24%to26%26%to29%
2024131190543622611212

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.