In-depth Real Estate Data: Communities

Commons on Lake Houston Research, Pricing, and Statistics

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

Units Sold:

15

Average Sold Price:

$532,343

Average Sold Discount:

3%

Average Price Reduction:

3%

Average DOM:

87

The Commons on Lake Houston offers a diverse selection of homes, with 24 properties currently for sale. Prices range from $450,000 to $1,025,000, with an average list price of $695,998. Homes vary in size from 2,175 to 7,769 sq ft, providing ample options for buyers seeking spacious living.

Active Listings

24

Average List Price

$695,998

Typical List Price

$629k to $715k

Homes Listed per Price Range

A visual list price spectrum representation

$450kto$546k$546kto$642k$642kto$738k$738kto$833k$833kto$929k$929kto$1.0M
20242610214

Sold Listings

15

Average Selling Price

$532,343

Typical Selling Price

$433k to $674k

Homes Sold per Price Range

A visual sold price spectrum representation

$65kto$229k$229kto$393k$393kto$557k$557kto$721k$721kto$885k
20242644

Average Sold Price per Sq Ft

$218

Typical Sold Price per Sq Ft

$182 to $256

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$148to$168$168to$187$187to$206$206to$226$226to$245
202412425

Average Days to Sell

87

Typical Days to Sell

8 to 112

Days on the Market Distribution

The number of homes sold in each DOM range

to8181to162162to242242to323323to404
20249412

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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.)

0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to19%19%to21%21%to23%23%to25%25%to25%
20243263221112

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to1%1%to4%4%to7%7%to10%10%to13%
202482114

Average Discount from Last List

2%

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

-2%to0%0%to3%3%to5%5%to8%8%to10%
20248233

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.