In-depth Real Estate Data: Local Markets

Telfair-New Territory Research, Pricing, and Statistics

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

Units Sold:

75

Average Sold Price:

$515,833

Average Sold Discount:

2%

Average DOM:

36

The Telfair-New Territory market offers a diverse selection of homes, with 76 listings currently available. Average prices sit around $554,262, featuring homes ranging from 1,658 to 5,263 sq ft. With properties built between 1993 and 2009, buyers can find options with 3 to 5 bedrooms, making it an appealing area for families.

Active Listings

76

Average List Price

$554,262

Typical List Price

$427k to $633k

Homes Listed per Price Range

A visual list price spectrum representation

$318kto$415k$415kto$512k$512kto$609k$609kto$706k$706kto$803k$803kto$900k$900kto$997k$997kto$1.1M$1.1Mto$1.1M
2024171322173122

Sold Listings

75

Average Selling Price

$515,833

Typical Selling Price

$390k to $610k

Homes Sold per Price Range

A visual sold price spectrum representation

$303kto$408k$408kto$512k$512kto$616k$616kto$721k$721kto$825k$825kto$929k$929kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M
202421211412512

Average Sold Price per Sq Ft

$206

Typical Sold Price per Sq Ft

$161 to $222

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$110to$122$122to$134$134to$146$146to$158$158to$171$171to$183$183to$195$195to$207$207to$219$219to$231$231to$243$243to$248
20241349221393552

Average Days to Sell

36

Typical Days to Sell

7 to 45

Days on the Market Distribution

The number of homes sold in each DOM range

to1818to3636to5454to7272to9090to108108to126126to144144to162162to180180to198198to216216to234234to236
20244310831331112

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 4%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to13%
202411532319152133

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-10%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to2%2%to4%4%to6%6%to8%8%to9%
20241151820131242

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.