In-depth Real Estate Data: Communities

Hanover Village Research, Pricing, and Statistics

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

Units Sold:

13

Average Sold Price:

$309,338

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

55

Hanover Village offers a vibrant real estate market with 11 homes currently for sale. The average list price is $334,255, with homes ranging from 1,733 to 2,780 sq ft. Lot sizes average 6,809 sq ft, and properties typically feature 3 to 4 bedrooms. Homes here are selling within 34 to 110 days on the market, making it a great time to buy or sell!

Active Listings

11

Average List Price

$334,255

Typical List Price

$315k to $338k

Homes Listed per Price Range

A visual list price spectrum representation

$299kto$323k$323kto$347k$347kto$370k$370kto$394k$394kto$418k
20246312

Sold Listings

13

Average Selling Price

$309,338

Typical Selling Price

$294k to $335k

Homes Sold per Price Range

A visual sold price spectrum representation

$260kto$279k$279kto$298k$298kto$317k$317kto$336k$336kto$355k
202422514

Average Sold Price per Sq Ft

$143

Typical Sold Price per Sq Ft

$138 to $145

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$119to$130$130to$141$141to$152$152to$163$163to$174
202432234

Average Days to Sell

55

Typical Days to Sell

8 to 82

Days on the Market Distribution

The number of homes sold in each DOM range

3to4040to7878to115115to153153to190
202472212

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.)

0%to2%2%to4%4%to6%6%to7%7%to9%9%to11%11%to13%13%to13%
2024226211112

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to-1%-1%to3%3%to7%7%to11%11%to15%
20241634

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

-5%to-2%-2%to0%0%to2%2%to4%4%to7%
20241823

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.