In-depth Real Estate Data: Local Markets

Northwest Houston Research, Pricing, and Statistics

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

Units Sold:

739

Average Sold Price:

$265,493

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

89

The Northwest Houston market is bustling with 824 homes for sale, featuring a diverse range of prices from $50,000 to $1,950,000. With an average listing price of $310,335 and homes averaging 1,766 sq ft, buyers can find options to suit various budgets. Whether you're looking to buy or sell, now is an exciting time in this vibrant area!

Active Listings

835

Average List Price

$312,217

Typical List Price

$245k to $350k

Homes Listed per Price Range

A visual list price spectrum representation

$52kto$147k$147kto$242k$242kto$336k$336kto$431k$431kto$526k$526kto$621k$621kto$716k$716kto$811k$811kto$906k$906kto$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$1.9M
20243516936419339205313112

Sold Listings

739

Average Selling Price

$265,493

Typical Selling Price

$200k to $316k

Homes Sold per Price Range

A visual sold price spectrum representation

$34kto$142k$142kto$251k$251kto$359k$359kto$467k$467kto$576k$576kto$684k$684kto$792k$792kto$900k$900kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$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
202493265265862052112

Average Sold Price per Sq Ft

$181

Typical Sold Price per Sq Ft

$144 to $204

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$42to$68$68to$95$95to$121$121to$147$147to$173$173to$200$200to$226$226to$252$252to$278$278to$305$305to$331$331to$357$357to$383$383to$410$410to$436$436to$462$462to$488$488to$515$515to$541$541to$567
202472983133149136884432122

Average Days to Sell

89

Typical Days to Sell

9 to 120

Days on the Market Distribution

The number of homes sold in each DOM range

to8989to178178to267267to357357to446446to535535to624624to713713to802802to892892to981981to1,0701,070to1,1591,159to1,2481,248to1,3371,337to1,4261,426to1,5161,516to1,6051,605to1,6941,694to1,783
2024502129582611221221112

Average Price Reduction

2%

Typical Price Reduction

0% to 2%

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.)

-20%to-17%-17%to-14%-14%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to3%3%to6%6%to9%9%to12%12%to16%16%to19%19%to22%22%to25%25%to29%29%to32%32%to35%35%to38%38%to41%41%to45%
2024212411231,5261861265536221111424323

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

-31%to-27%-27%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to28%28%to31%31%to35%35%to39%39%to43%43%to47%
20241111617230175106664126221587315

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

-25%to-21%-21%to-18%-18%to-14%-14%to-11%-11%to-7%-7%to-4%-4%to0%0%to3%3%to7%7%to10%10%to14%14%to17%17%to21%21%to24%24%to28%28%to31%31%to35%35%to38%38%to42%42%to45%
20242227117038612248362098735

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.