In-depth Real Estate Data: Local Markets

Thompsons Research, Pricing, and Statistics

From July 23rd, 2024 through January 19th, 2025

Units Sold:

17

Average Sold Price:

$365,987

Average Sold Discount:

8%

Average Price Reduction:

1%

Average DOM:

129

The Thompsons local market in Houston offers 22 homes for sale, with an average list price of $784,091. Homes range from 1,308 to 6,057 sq ft and feature lot sizes from 27,720 to 1,481,040 sq ft. Whether you're buying or selling, this diverse market has options for various needs and budgets.

Active Listings

18

Average List Price

$832,272

Typical List Price

$556k to $1,105k

Homes Listed per Price Range

A visual list price spectrum representation

$55kto$371k$371kto$687k$687kto$1.0M$1.0Mto$1.3M$1.3Mto$1.6M$1.6Mto$1.9M
2025255412

Sold Listings

17

Average Selling Price

$365,987

Typical Selling Price

$190k to $502k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$185k$185kto$368k$368kto$551k$551kto$734k$734kto$917k$917kto$1.1M
202546332

Average Sold Price per Sq Ft

$227

Typical Sold Price per Sq Ft

$205 to $237

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$108$108to$215$215to$322
2025244

Average Days to Sell

129

Typical Days to Sell

23 to 150

Days on the Market Distribution

The number of homes sold in each DOM range

6to138138to269269to401401to532532to664664to795
202512312

Average Price Reduction

1%

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.)

0%to1%1%to3%3%to4%4%to5%5%to6%6%to8%
2025152123

Average Discount from Original List

8%

Typical Sold Discount from Original List

2% to 16%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-17%to-9%-9%to-1%-1%to8%8%to16%16%to24%24%to32%
2025127233

Average Discount from Last List

7%

Typical Sold Discount from Last List

0% to 13%

Negotiated Disocunts from Final List Price

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

-17%to-9%-9%to-1%-1%to7%7%to15%15%to23%23%to30%
2025129123

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.