In-depth Real Estate Data: Local Markets

Spring East Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

468

Average Sold Price:

$256,642

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

56

The Spring East local market in Houston offers a diverse range of homes, with 417 listings priced from $115,000 to $2,100,000. The average home size is 2,013 sq ft, and properties typically feature 3 to 4 bedrooms. With active builders like Long Lake and DR Horton, buyers can find options that suit various budgets and preferences.

Active Listings

419

Average List Price

$301,726

Typical List Price

$235k to $319k

Homes Listed per Price Range

A visual list price spectrum representation

$115kto$214k$214kto$314k$314kto$413k$413kto$512k$512kto$611k$611kto$711k$711kto$810k$810kto$909k$909kto$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
2024512576432821212

Sold Listings

468

Average Selling Price

$256,642

Typical Selling Price

$227k to $278k

Homes Sold per Price Range

A visual sold price spectrum representation

$13kto$40k$40kto$66k$66kto$93k$93kto$119k$119kto$146k$146kto$173k$173kto$199k$199kto$226k$226kto$252k$252kto$279k$279kto$306k$306kto$332k$332kto$359k$359kto$385k$385kto$412k$412kto$439k$439kto$465k$465kto$492k$492kto$518k$518kto$545k
202452422265711312350201611432434

Average Sold Price per Sq Ft

$150

Typical Sold Price per Sq Ft

$130 to $162

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$62to$71$71to$81$81to$90$90to$99$99to$108$108to$117$117to$126$126to$135$135to$144$144to$153$153to$163$163to$172$172to$181$181to$190$190to$199$199to$208$208to$217$217to$218
20241413212541507180334448203212

Average Days to Sell

56

Typical Days to Sell

10 to 74

Days on the Market Distribution

The number of homes sold in each DOM range

to2626to5252to7878to103103to129129to155155to181181to207207to233233to259259to284284to310310to336336to362362to388388to414414to439439to465465to491491to517
20242119456331915114114131222

Average Price Reduction

2%

Typical Price Reduction

0% to 3%

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.)

-15%to-13%-13%to-11%-11%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to22%22%to24%24%to26%26%to28%
2024122469740991528752312111961122

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-45%to-41%-41%to-37%-37%to-33%-33%to-29%-29%to-25%-25%to-21%-21%to-17%-17%to-13%-13%to-9%-9%to-5%-5%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to28%28%to32%32%to36%
20241131555214114351592238

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

-18%to-15%-15%to-13%-13%to-10%-10%to-7%-7%to-5%-5%to-2%-2%to1%1%to3%3%to6%6%to9%9%to12%12%to14%14%to17%17%to20%20%to22%22%to25%25%to28%28%to31%31%to33%33%to36%
2024111932220113442081515313

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.