In-depth Real Estate Data: Local Markets

West University Research, Pricing, and Statistics

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

Units Sold:

206

Average Sold Price:

$1,596,757

Average Sold Discount:

2%

Average DOM:

56

The West University local market in Houston offers a diverse range of homes, with 152 properties currently for sale, averaging $1,931,602. Home sizes vary from 900 to 8,602 sq ft, while lot sizes range from 1,377 to 105,808 sq ft. Whether you're buying or selling, this vibrant market has something for everyone!

Active Listings

153

Average List Price

$1,936,618

Typical List Price

$1,050k to $2,500k

Homes Listed per Price Range

A visual list price spectrum representation

$155kto$710k$710kto$1.3M$1.3Mto$1.8M$1.8Mto$2.4M$2.4Mto$2.9M$2.9Mto$3.5M$3.5Mto$4.0M$4.0Mto$4.6M$4.6Mto$5.1M$5.1Mto$5.7M$5.7Mto$6.3M$6.3Mto$6.8M$6.8Mto$7.4M$7.4Mto$7.9M$7.9Mto$8.5M$8.5Mto$9.0M$9.0Mto$9.6M$9.6Mto$10.1M$10.1Mto$10.7M$10.7Mto$11.3M
20242428322520793222

Sold Listings

206

Average Selling Price

$1,596,757

Typical Selling Price

$816k to $2,124k

Homes Sold per Price Range

A visual sold price spectrum representation

$150kto$593k$593kto$1.0M$1.0Mto$1.5M$1.5Mto$1.9M$1.9Mto$2.4M$2.4Mto$2.8M$2.8Mto$3.3M$3.3Mto$3.7M$3.7Mto$4.1M$4.1Mto$4.6M$4.6Mto$5.0M$5.0Mto$5.5M$5.5Mto$5.9M$5.9Mto$6.3M
2024234534422815762212

Average Sold Price per Sq Ft

$504

Typical Sold Price per Sq Ft

$382 to $588

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$153to$230$230to$306$306to$383$383to$460$460to$536$536to$613$613to$690$690to$767$767to$843$843to$920$920to$978
202415232334424513422

Average Days to Sell

56

Typical Days to Sell

4 to 78

Days on the Market Distribution

The number of homes sold in each DOM range

to2525to5050to7575to100100to124124to149149to174174to199199to224224to249249to274274to299299to324324to348348to373373to398398to423423to448448to473473to496
2024121211110106735225112

Average Discount from Original List

2%

Typical Sold Discount from Original List

-2% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-20%to-18%-18%to-15%-15%to-12%-12%to-9%-9%to-6%-6%to-3%-3%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to19%19%to22%22%to25%25%to28%28%to31%31%to34%34%to36%
20241338816245434231563316

Average Discount from Last List

1%

Typical Sold Discount from Last List

-1% to 4%

Negotiated Disocunts from Final List Price

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

-20%to-18%-18%to-16%-16%to-15%-15%to-13%-13%to-11%-11%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%
2024112237510141645343091343134

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.