In-depth Real Estate Data: Local Markets

Porter East Research, Pricing, and Statistics

From March 20th, 2024 through September 16th, 2024

Units Sold:

34

Average Sold Price:

$251,535

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

51

The Porter East local market in Houston offers a diverse range of homes, with 31 properties currently for sale. Prices range from $180,000 to $3,200,000, with an average list price of $424,260. Homes vary in size from 1,184 to 3,403 sq ft, making it a great time for buyers and sellers alike!

Active Listings

31

Average List Price

$424,260

Typical List Price

$246k to $347k

Homes Listed per Price Range

A visual list price spectrum representation

$175kto$326k$326kto$478k$478kto$629k$629kto$780k$780kto$931k$931kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$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$2.9M$2.9Mto$3.0M$3.0Mto$3.2M
2024197132

Sold Listings

34

Average Selling Price

$251,535

Typical Selling Price

$205k to $274k

Homes Sold per Price Range

A visual sold price spectrum representation

$75kto$117k$117kto$160k$160kto$202k$202kto$245k$245kto$287k$287kto$330k$330kto$372k$372kto$415k$415kto$457k$457kto$499k$499kto$542k$542kto$584k$584kto$627k$627kto$669k$669kto$712k$712kto$754k$754kto$772k
20241261172312

Average Sold Price per Sq Ft

$227

Typical Sold Price per Sq Ft

$153 to $191

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$95to$124$124to$152$152to$181$181to$210$210to$239$239to$267$267to$276
202461110512

Average Days to Sell

51

Typical Days to Sell

18 to 69

Days on the Market Distribution

The number of homes sold in each DOM range

3to3434to6666to9797to128128to160160to191191to222222to246
20241874222

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.)

-2%to0%0%to1%1%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to13%13%to14%14%to16%16%to18%18%to19%19%to21%21%to22%22%to24%24%to25%
2024261775532212

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-9%to-4%-4%to0%0%to5%5%to9%9%to14%14%to18%
20241871243

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

-9%to-6%-6%to-3%-3%to0%0%to3%3%to5%5%to8%8%to11%11%to14%14%to15%
2024131574122

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.