In-depth Real Estate Data: Local Markets

Willis Research, Pricing, and Statistics

From March 26th, 2024 through September 22nd, 2024

Units Sold:

297

Average Sold Price:

$334,849

Average Sold Discount:

7%

Average Price Reduction:

3%

Average DOM:

108

The Willis local market offers a diverse range of homes, with 393 active listings priced from $65,000 to $1,900,000. The average home price is $384,249, featuring sizes around 2,078 sq ft. Buyers can find options from various builders, while sellers can benefit from a competitive market with homes typically staying on the market for 25 to 109 days.

Active Listings

397

Average List Price

$384,232

Typical List Price

$235k to $478k

Homes Listed per Price Range

A visual list price spectrum representation

$65kto$152k$152kto$239k$239kto$325k$325kto$412k$412kto$499k$499kto$586k$586kto$672k$672kto$759k$759kto$846k$846kto$933k$933kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M
202413911136223341621116111113

Sold Listings

297

Average Selling Price

$334,849

Typical Selling Price

$205k to $417k

Homes Sold per Price Range

A visual sold price spectrum representation

$18kto$172k$172kto$326k$326kto$480k$480kto$634k$634kto$789k$789kto$943k$943kto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M$2.6Mto$2.8M$2.8Mto$2.9M$2.9Mto$3.1M
202455133434117342

Average Sold Price per Sq Ft

$349

Typical Sold Price per Sq Ft

$146 to $202

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$36to$66$66to$97$97to$127$127to$158$158to$188$188to$218$218to$249$249to$279$279to$310$310to$340$340to$371$371to$401$401to$432$432to$462$462to$492$492to$523$523to$553$553to$584$584to$614$614to$645
2024643179793818441212

Average Days to Sell

108

Typical Days to Sell

20 to 163

Days on the Market Distribution

The number of homes sold in each DOM range

to4343to8686to129129to171171to214214to257257to300300to343343to386386to429429to472472to514514to557557to583
202412139382818231355413

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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.)

-37%to-33%-33%to-28%-28%to-24%-24%to-20%-20%to-16%-16%to-12%-12%to-7%-7%to-3%-3%to1%1%to5%5%to10%10%to14%14%to18%18%to22%22%to27%27%to31%31%to35%35%to39%39%to44%44%to48%
202421111551418710770271122112

Average Discount from Original List

7%

Typical Sold Discount from Original List

1% to 12%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-29%to-25%-25%to-21%-21%to-17%-17%to-14%-14%to-10%-10%to-6%-6%to-2%-2%to1%1%to5%5%to9%9%to13%13%to16%16%to20%20%to24%24%to28%28%to31%31%to35%35%to39%39%to43%43%to46%
20241212757241383614431312

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 6%

Negotiated Disocunts from Final List Price

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

-17%to-15%-15%to-13%-13%to-11%-11%to-9%-9%to-7%-7%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to16%16%to18%18%to20%
2024111211016108453423101466649

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.