In-depth Real Estate Data: Communities

Somerset Green Research, Pricing, and Statistics

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

Units Sold:

18

Average Sold Price:

$804,432

Average Sold Discount:

3%

Average Price Reduction:

1%

Average DOM:

103

Somerset Green offers a vibrant community with 20 homes currently for sale, featuring prices ranging from $697,999 to $1,299,000. With average home sizes of 2,919 sq ft and lots averaging 2,083 sq ft, there’s plenty of space to enjoy. Built between 2018 and 2023, these homes provide modern living in a desirable location.

Active Listings

20

Average List Price

$886,270

Typical List Price

$776k to $924k

Homes Listed per Price Range

A visual list price spectrum representation

$698kto$798k$798kto$898k$898kto$999k$999kto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M
202467323

Sold Listings

18

Average Selling Price

$804,432

Typical Selling Price

$725k to $841k

Homes Sold per Price Range

A visual sold price spectrum representation

$679kto$758k$758kto$836k$836kto$915k$915kto$993k$993kto$1.1M$1.1Mto$1.1M
202485222

Average Sold Price per Sq Ft

$303

Typical Sold Price per Sq Ft

$290 to $318

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$269to$286$286to$304$304to$322$322to$340$340to$357$357to$375
202448412

Average Days to Sell

103

Typical Days to Sell

18 to 168

Days on the Market Distribution

The number of homes sold in each DOM range

to6666to131131to197197to262262to328328to393
202494222

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

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.)

-3%to-1%-1%to0%0%to1%1%to2%2%to3%3%to4%4%to6%6%to7%7%to8%8%to9%9%to10%10%to11%11%to13%13%to14%14%to15%15%to15%
2024313414421112

Average Discount from Original List

3%

Typical Sold Discount from Original List

1% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to0%0%to2%2%to4%4%to6%6%to8%8%to10%
2024255313

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

0%to1%1%to2%2%to3%3%to5%5%to6%6%to7%
2024572113

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.