In-depth Real Estate Data: Major Markets

Cypress Research, Pricing, and Statistics

From June 6th, 2024 through December 3rd, 2024

Units Sold:

2,420

Average Sold Price:

$441,474

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

58

The Cypress market area offers a diverse selection of homes, with 2,173 properties currently for sale, ranging from $182,500 to $5,500,000. Average list prices sit at $501,759, featuring homes between 912 and 13,600 sq ft. With active builders like Long Lake and Coventry Homes, there's something for everyone, whether you're buying or selling!

Active Listings

2,176

Average List Price

$501,896

Typical List Price

$355k to $564k

Homes Listed per Price Range

A visual list price spectrum representation

$180kto$321k$321kto$461k$461kto$602k$602kto$742k$742kto$883k$883kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.6M$2.6Mto$2.7M$2.7Mto$2.8M$2.8Mto$3.0M
20243249374872109052191197931211122

Sold Listings

2,420

Average Selling Price

$441,474

Typical Selling Price

$320k to $500k

Homes Sold per Price Range

A visual sold price spectrum representation

$50kto$181k$181kto$312k$312kto$444k$444kto$575k$575kto$706k$706kto$837k$837kto$969k$969kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.5M$2.5Mto$2.7M
2024145281,02743820510363161041231123

Average Sold Price per Sq Ft

$185

Typical Sold Price per Sq Ft

$156 to $203

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$57to$91$91to$124$124to$158$158to$192$192to$226$226to$260$260to$294$294to$328$328to$362$362to$396$396to$430$430to$464$464to$498$498to$532$532to$566$566to$600$600to$633$633to$667$667to$701$701to$735
20246987271,002460682062212112

Average Days to Sell

58

Typical Days to Sell

8 to 85

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8181to122122to163163to203203to244244to285285to325325to366366to406407to447447to488488to528528to569569to610610to650650to691691to732732to772772to813
20241,3704142501799943281747411112

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.)

-31%to-28%-28%to-25%-25%to-22%-22%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%11%to14%14%to17%17%to20%20%to23%23%to26%26%to29%
2024122311321654,1801,0444632151143910534

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-37%to-33%-33%to-29%-29%to-25%-25%to-21%-21%to-17%-17%to-12%-12%to-8%-8%to-4%-4%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to29%29%to33%33%to37%37%to41%41%to45%
202411132232411,1716072338818107232

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

-37%to-34%-34%to-30%-30%to-26%-26%to-23%-23%to-19%-19%to-16%-16%to-12%-12%to-9%-9%to-5%-5%to-2%-2%to2%2%to5%5%to9%9%to12%12%to16%16%to19%19%to23%23%to27%27%to30%30%to34%
202412112121211,204714253682535522

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.