In-depth Real Estate Data: Local Markets

Shepherd Research, Pricing, and Statistics

From May 12th, 2024 through November 8th, 2024

Units Sold:

50

Average Sold Price:

$163,994

Average Sold Discount:

10%

Average Price Reduction:

4%

Average DOM:

139

The Shepherd local market in Houston offers a diverse range of homes, with 45 properties currently for sale. Average list prices are around $246,097, with sizes averaging 1,684 sq ft. Homes range from cozy 480 sq ft spaces to larger 4,140 sq ft options, catering to various buyer needs.

Active Listings

45

Average List Price

$246,097

Typical List Price

$150k to $317k

Homes Listed per Price Range

A visual list price spectrum representation

$59kto$153k$153kto$247k$247kto$341k$341kto$435k$435kto$529k$529kto$623k$623kto$680k
2024121016422

Sold Listings

50

Average Selling Price

$163,994

Typical Selling Price

$78k to $226k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$84k$84kto$164k$164kto$245k$245kto$326k$326kto$406k$406kto$487k$487kto$567k$567kto$648k$648kto$725k
2024132066132

Average Sold Price per Sq Ft

$151

Typical Sold Price per Sq Ft

$111 to $187

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$50to$84$84to$118$118to$152$152to$187$187to$221$221to$255
20242710414

Average Days to Sell

139

Typical Days to Sell

14 to 148

Days on the Market Distribution

The number of homes sold in each DOM range

to8282to165165to247247to329329to412412to494494to576576to659659to741741to824824to906906to988988to1,0711,071to1,1531,153to1,2351,235to1,3181,318to1,4001,400to1,4821,482to1,5651,565to1,647
2024309512112

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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.)

-35%to-31%-31%to-27%-27%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to1%1%to5%5%to9%9%to13%13%to17%17%to21%21%to25%25%to29%29%to33%33%to37%37%to41%41%to45%
202411749135531212

Average Discount from Original List

10%

Typical Sold Discount from Original List

0% to 19%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-15%to-5%-5%to6%6%to16%16%to27%27%to37%37%to45%
2024220131033

Average Discount from Last List

7%

Typical Sold Discount from Last List

0% to 12%

Negotiated Disocunts from Final List Price

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

-15%to-8%-8%to-2%-2%to5%5%to11%11%to18%18%to25%25%to31%31%to32%
2024222575532

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.