In-depth Real Estate Data: Major Markets

Downtown Research, Pricing, and Statistics

From May 22nd, 2024 through November 18th, 2024

Units Sold:

65

Average Sold Price:

$92,447

Average Sold Discount:

2%

Average Price Reduction:

2%

Average DOM:

79

The Downtown market area in Houston offers a diverse selection of homes, with 37 properties currently for sale. Prices range from $225,000 to $654,899, with an average list price of $417,674. Homes vary in size from 1,061 to 1,429 sq ft, making it an attractive option for buyers and sellers alike.

Active Listings

37

Average List Price

$417,674

Typical List Price

$305k to $470k

Homes Listed per Price Range

A visual list price spectrum representation

$195kto$294k$294kto$393k$393kto$492k$492kto$591k$591kto$690k$690kto$775k
202461210154

Sold Listings

65

Average Selling Price

$92,447

Typical Selling Price

$2k to $227k

Homes Sold per Price Range

A visual sold price spectrum representation

$900to$113k$113kto$224k$224kto$336k$336kto$410k
2024435144

Average Sold Price per Sq Ft

$305

Typical Sold Price per Sq Ft

$236 to $366

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$104$104to$207$207to$310$310to$413$413to$415
20244351332

Average Days to Sell

79

Typical Days to Sell

16 to 102

Days on the Market Distribution

The number of homes sold in each DOM range

1to4444to8787to129129to172172to215215to258258to300300to343343to386386to429429to472472to482
202434127314212

Average Price Reduction

2%

Typical Price Reduction

0% to 1%

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.)

-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to8%8%to9%9%to11%11%to13%13%to14%14%to16%16%to18%18%to20%20%to21%21%to23%23%to25%25%to26%26%to28%28%to30%
20242189494441114

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 4%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-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%22%to24%24%to26%26%to28%28%to30%
202423559433212

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

0%to1%1%to3%3%to4%4%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to13%
2024435761112

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.