In-depth Real Estate Data: Local Markets

Westchase-Royal Oaks Research, Pricing, and Statistics

From May 18th, 2024 through November 14th, 2024

Units Sold:

134

Average Sold Price:

$416,716

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

59

The Westchase-Royal Oaks market offers a diverse range of homes, with 153 listings priced from $74,000 to $2,600,000. Average homes span 2,157 sq ft on lots averaging 45,602 sq ft. With an average list price of $391,818, this area caters to various budgets and preferences, making it an appealing choice for buyers and sellers alike.

Active Listings

153

Average List Price

$391,818

Typical List Price

$179k to $460k

Homes Listed per Price Range

A visual list price spectrum representation

$73kto$199k$199kto$326k$326kto$452k$452kto$578k$578kto$705k$705kto$831k$831kto$957k$957kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M
2024494718173541411112

Sold Listings

134

Average Selling Price

$416,716

Typical Selling Price

$206k to $484k

Homes Sold per Price Range

A visual sold price spectrum representation

$67kto$176k$176kto$284k$284kto$393k$393kto$501k$501kto$610k$610kto$719k$719kto$827k$827kto$936k$936kto$1.0M$1.0Mto$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$2.1Mto$2.2M
2024254519166355115112

Average Sold Price per Sq Ft

$164

Typical Sold Price per Sq Ft

$121 to $182

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$53to$81$81to$108$108to$136$136to$164$164to$192$192to$220$220to$248$248to$276$276to$304$304to$332$332to$359$359to$382
20244144030121293722

Average Days to Sell

59

Typical Days to Sell

8 to 75

Days on the Market Distribution

The number of homes sold in each DOM range

to2626to5252to7878to104104to130130to156156to182182to208208to234234to260260to286286to312312to317
20245426211034353132

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.)

-18%to-16%-16%to-14%-14%to-12%-12%to-10%-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%to14%14%to16%16%to18%18%to20%20%to22%
202411112361841281811763313

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-40%to-36%-36%to-33%-33%to-29%-29%to-26%-26%to-22%-22%to-19%-19%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to6%6%to9%9%to13%13%to16%16%to20%20%to23%23%to27%27%to30%
20241155333626108522

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-43%to-39%-39%to-36%-36%to-32%-32%to-28%-28%to-25%-25%to-21%-21%to-17%-17%to-14%-14%to-10%-10%to-6%-6%to-3%-3%to1%1%to5%5%to8%8%to12%12%to15%15%to19%19%to23%23%to26%26%to30%
202413632502487112

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.