Towne Lake Research, Pricing, and Statistics
Units Sold:
122
Average Sold Price:
$640,448
Average Sold Discount:
4%
Average Price Reduction:
2%
Average DOM:
76
Towne Lake offers a vibrant community with 126 homes currently for sale, ranging from $339,900 to $2,000,000. With average home sizes of 3,114 sq ft and lot sizes averaging 8,222 sq ft, there's plenty of space to enjoy. Whether you're buying or selling, this area boasts diverse options to fit various lifestyles and budgets.
Active Listings
126
Average List Price
$709,539
Typical List Price
$489k to $777k
Homes Listed per Price Range
A visual list price spectrum representation
| $340kto$455k | $455kto$570k | $570kto$686k | $686kto$801k | $801kto$916k | $916kto$1.0M | $1.0Mto$1.1M | $1.1Mto$1.3M | $1.3Mto$1.4M | $1.4Mto$1.5M | $1.5Mto$1.6M | $1.6Mto$1.7M | $1.7Mto$1.8M | $1.8Mto$2.0M | $2.0Mto$2.0M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 21 | 41 | 25 | 9 | 10 | 4 | 3 | 1 | 4 | 1 | 4 | 4 | |||
Sold Listings
122
Average Selling Price
$640,448
Typical Selling Price
$453k to $761k
Homes Sold per Price Range
A visual sold price spectrum representation
| $321kto$446k | $446kto$570k | $570kto$695k | $695kto$819k | $819kto$944k | $944kto$1.1M | $1.1Mto$1.2M | $1.2Mto$1.3M | $1.3Mto$1.4M | $1.4Mto$1.6M | $1.6Mto$1.7M | $1.7Mto$1.8M | $1.8Mto$1.9M | $1.9Mto$2.1M | $2.1Mto$2.2M | $2.2Mto$2.3M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 24 | 37 | 20 | 16 | 12 | 8 | 2 | 1 | 1 | 2 | ||||||
Average Sold Price per Sq Ft
$221
Typical Sold Price per Sq Ft
$190 to $233
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $142to$155 | $155to$168 | $168to$182 | $182to$195 | $195to$208 | $208to$221 | $221to$235 | $235to$248 | $248to$261 | $261to$274 | $274to$288 | $288to$301 | $301to$314 | $314to$327 | $327to$341 | $341to$354 | $354to$367 | $367to$370 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 7 | 13 | 37 | 23 | 11 | 11 | 3 | 4 | 2 | 2 | 3 | 1 | 1 | 1 | 2 | ||
Average Days to Sell
76
Typical Days to Sell
12 to 115
Days on the Market Distribution
The number of homes sold in each DOM range
| to41 | 41to83 | 83to124 | 124to166 | 166to207 | 207to249 | 249to290 | 290to331 | 331to373 | 373to414 | 414to456 | 456to497 | 497to539 | 539to580 | 580to622 | 622to651 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 61 | 18 | 15 | 9 | 11 | 2 | 4 | 1 | 2 | |||||||
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.)
| -6%to-5% | -5%to-4% | -4%to-3% | -3%to-2% | -2%to0% | 0%to1% | 1%to2% | 2%to3% | 3%to4% | 4%to5% | 5%to7% | 7%to8% | 8%to9% | 9%to10% | 10%to11% | 11%to12% | 12%to13% | 13%to15% | 15%to16% | 16%to17% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 1 | 2 | 186 | 21 | 34 | 20 | 17 | 6 | 8 | 10 | 6 | 3 | 5 | 2 | 2 | 1 | 3 | |
Average Discount from Original List
4%
Typical Sold Discount from Original List
0% to 7%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -6%to-3% | -3%to0% | 0%to3% | 3%to6% | 6%to8% | 8%to11% | 11%to14% | 14%to16% | |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 10 | 48 | 26 | 15 | 13 | 6 | 3 |
Average Discount from Last List
2%
Typical Sold Discount from Last List
0% to 4%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -24%to-22% | -22%to-20% | -20%to-18% | -18%to-16% | -16%to-14% | -14%to-12% | -12%to-10% | -10%to-8% | -8%to-6% | -6%to-4% | -4%to-2% | -2%to0% | 0%to1% | 1%to3% | 3%to5% | 5%to7% | 7%to9% | 9%to11% | 11%to13% | 13%to15% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 1 | 4 | 54 | 26 | 19 | 7 | 5 | 2 | 3 | |||||||||
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.
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