Houston Home Builder

Newmark Homes Discounts, Pricing, and Statistics

From March 12th, 2024 through September 8th, 2024

Units Sold:

74

Average Sold Price:

$643,508

Average Sold Discount:

11%

Average Price Reduction:

7%

Average DOM:

118

Newmark Homes is a Houston home builder offering a variety of new homes across several communities, including some of their most active listings. With homes averaging 2,732 sq ft and prices ranging from under $395,000 to over $1.6 million, there's something for everyone. Their homes typically feature spacious layouts and modern designs, catering to diverse lifestyles and preferences.

Active Listings

125

Average List Price

$582,499

Typical List Price

$471k to $601k

Homes Listed per Price Range

A visual list price spectrum representation

$364kto$430k$430kto$497k$497kto$564k$564kto$630k$630kto$697k$697kto$763k$763kto$830k$830kto$896k$896kto$963k$963kto$1.0M$1.0Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.6M$1.6Mto$1.7M
20241923342181445412

Sold Listings

74

Average Selling Price

$643,508

Typical Selling Price

$493k to $722k

Homes Sold per Price Range

A visual sold price spectrum representation

$437kto$546k$546kto$656k$656kto$765k$765kto$874k$874kto$984k$984kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.1M
202439143942112

Average Sold Price per Sq Ft

$211

Typical Sold Price per Sq Ft

$194 to $224

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$156to$171$171to$186$186to$201$201to$216$216to$230$230to$245$245to$260$260to$275$275to$290$290to$305$305to$319$319to$334$334to$349$349to$364$364to$379$379to$393$393to$408$408to$423$423to$429
20245172214742112

Average Days to Sell

118

Typical Days to Sell

47 to 169

Days on the Market Distribution

The number of homes sold in each DOM range

to5858to116116to173173to231231to289289to347347to391
20242021169414

Average Price Reduction

7%

Typical Price Reduction

0% to 11%

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.)

-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to6%6%to9%9%to13%13%to16%16%to19%19%to22%
2024118843415944113

Average Discount from Original List

11%

Typical Sold Discount from Original List

8% to 13%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-1%to1%1%to4%4%to7%7%to9%9%to12%12%to15%15%to17%17%to20%20%to23%23%to23%
2024653161117872

Average Discount from Last List

4%

Typical Sold Discount from Last List

2% to 7%

Negotiated Disocunts from Final List Price

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

-1%to1%1%to3%3%to5%5%to8%8%to10%10%to12%12%to13%
202411201515932

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.