Houston Real Estate Rankings

Top 10 Communities in HoustonPrice Discounts

Here's the latest scoop on Houston's top 10 communities as of September 9, 2024. This ranking is based on average discount over the past six months, giving you a clearer picture of where buyers might snag the best deals.
Statistics calculated from from March 13, 2024 to September 09, 2024
1
Cross Pines
14% Average Discount
Cross Pines leads the pack with an impressive average discount of 14%. With 21 active listings and 23 homes sold, buyers are seeing average sale prices around $336,144. The average days on market sits at 55 days, and the inventory is just over six months.

Available Homes:

21

Homes Sold:

23

Average Sold Price:

$336k

Average Days to Sell:

55

Months of Inventory:

6

Cross Pines Statistics and TrendsAvailable Homes
2
Parkway Trails
10% Average Discount
Parkway Trails comes in second with an average discount of nearly 10%. Despite only having 9 active listings, it's sold 24 homes, averaging $314,475. Homes are taking around 86 days to sell, with a low inventory of about 2.6 months.

Available Homes:

9

Homes Sold:

24

Average Sold Price:

$314k

Average Days to Sell:

86

Months of Inventory:

3

Parkway Trails Statistics and TrendsAvailable Homes
3
Sterling Point
9% Average Discount
Sterling Point is third, offering a 9% discount on average. The community has 7 active listings but a whopping 200 sold homes, averaging $260,770. The average days on market is remarkably low at just 13 days, and the inventory is almost non-existent at 0.24 months.

Available Homes:

7

Homes Sold:

200

Average Sold Price:

$261k

Average Days to Sell:

13

Months of Inventory:

0

Sterling Point Statistics and TrendsAvailable Homes

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4
Edgewater
9% Average Discount
Edgewater ranks fourth with an average discount close to 9%. This community boasts 29 active listings and has sold 29 homes, with an average sale price of $497,628. Homes here stay on the market for about 123 days, and the inventory is at seven months.

Available Homes:

34

Homes Sold:

29

Average Sold Price:

$498k

Average Days to Sell:

123

Months of Inventory:

7

Edgewater Statistics and TrendsAvailable Homes
5
Eagle Landing
7% Average Discount
Eagle Landing ties for fifth place, offering a 7% discount. There are 16 active listings and 22 homes sold, averaging $295,154. Homes spend about 63 days on the market, with an inventory duration of 5 months.

Available Homes:

16

Homes Sold:

22

Average Sold Price:

$295k

Average Days to Sell:

63

Months of Inventory:

5

Eagle Landing Statistics and TrendsAvailable Homes
6
Houston Galleria
7% Average Discount
Houston Galleria also takes the fifth spot with a 7% discount. The community has 64 active listings and 31 homes sold, averaging $267,843. Homes here take about 110 days to sell, with an inventory duration of over 14 months.

Available Homes:

69

Homes Sold:

31

Average Sold Price:

$268k

Average Days to Sell:

110

Months of Inventory:

14

Houston Galleria Statistics and TrendsAvailable Homes
7
Highland Heights
7% Average Discount
Highland Heights holds the seventh rank, offering a nearly 7% discount. With 47 active listings and 39 homes sold, the average sale price is $271,852. Homes take about 127 days to sell, and the inventory is around 8.4 months.

Available Homes:

51

Homes Sold:

39

Average Sold Price:

$272k

Average Days to Sell:

127

Months of Inventory:

8

Highland Heights Statistics and TrendsAvailable Homes
8
Woodlake
7% Average Discount
Woodlake lands in eighth place with a 7% average discount. The community has 26 active listings and 24 homes sold, averaging $237,573. Homes are on the market for about 63 days, and the inventory sits at roughly 7.6 months.

Available Homes:

27

Homes Sold:

24

Average Sold Price:

$238k

Average Days to Sell:

63

Months of Inventory:

8

Woodlake Statistics and TrendsAvailable Homes
9
Fifth Ward
7% Average Discount
Fifth Ward takes ninth place with a 7% discount. With 14 active listings and 22 homes sold, the average sale price is $305,449. Homes are on the market for about 142 days, and the inventory stands at 4.26 months.

Available Homes:

15

Homes Sold:

22

Average Sold Price:

$305k

Average Days to Sell:

142

Months of Inventory:

4

Fifth Ward Statistics and TrendsAvailable Homes
10
Pasadena Town Center
6% Average Discount
Pasadena Town Center rounds out the list at tenth, offering a 6% discount. There are 24 active listings and 36 homes sold, averaging $194,800. Homes here stay on the market for about 68 days, with an inventory duration of approximately 4.7 months.

Available Homes:

26

Homes Sold:

36

Average Sold Price:

$195k

Average Days to Sell:

68

Months of Inventory:

5

Pasadena Town Center Statistics and TrendsAvailable Homes

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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.

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