Galveston Research, Pricing, and Statistics
Units Sold:
752
Average Sold Price:
$475,265
Average Sold Discount:
8%
Average Price Reduction:
3%
Average DOM:
137
The Galveston market area offers a diverse range of homes, with 1,941 properties currently available. Prices vary significantly, from $40,000 to $4,250,000, catering to different budgets. The average home size is 1,655 sq ft, making it a great time for buyers and sellers to explore this vibrant market.
Active Listings
1,954
Average List Price
$602,952
Typical List Price
$339k to $725k
Homes Listed per Price Range
A visual list price spectrum representation
| $20kto$232k | $232kto$443k | $443kto$655k | $655kto$866k | $866kto$1.1M | $1.1Mto$1.3M | $1.3Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.9M | $1.9Mto$2.1M | $2.1Mto$2.3M | $2.3Mto$2.6M | $2.6Mto$2.8M | $2.8Mto$3.0M | $3.0Mto$3.2M | $3.2Mto$3.4M | $3.4Mto$3.6M | $3.6Mto$3.8M | $3.8Mto$4.0M | $4.0Mto$4.3M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 216 | 600 | 551 | 259 | 131 | 67 | 47 | 23 | 27 | 5 | 5 | 8 | 2 | 3 | 3 | 3 | 1 | 1 | 1 | 2 |
Sold Listings
752
Average Selling Price
$475,265
Typical Selling Price
$225k to $586k
Homes Sold per Price Range
A visual sold price spectrum representation
| $20kto$189k | $189kto$358k | $358kto$527k | $527kto$696k | $696kto$865k | $865kto$1.0M | $1.0Mto$1.2M | $1.2Mto$1.4M | $1.4Mto$1.5M | $1.5Mto$1.7M | $1.7Mto$1.9M | $1.9Mto$2.0M | $2.0Mto$2.2M | $2.2Mto$2.4M | $2.4Mto$2.6M | $2.6Mto$2.7M | $2.7Mto$2.9M | $2.9Mto$3.1M | $3.1Mto$3.2M | $3.2Mto$3.4M | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 140 | 205 | 171 | 95 | 59 | 27 | 18 | 15 | 3 | 5 | 2 | 4 | 3 | 1 | 2 | 1 | 2 | |||
Average Sold Price per Sq Ft
$371
Typical Sold Price per Sq Ft
$277 to $437
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $25to$68 | $68to$112 | $112to$155 | $155to$199 | $199to$242 | $242to$286 | $286to$329 | $329to$373 | $373to$416 | $416to$460 | $460to$503 | $503to$547 | $547to$590 | $590to$634 | $634to$677 | $677to$721 | $721to$764 | $764to$808 | $808to$851 | $851to$895 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5 | 10 | 30 | 69 | 79 | 69 | 78 | 84 | 88 | 39 | 23 | 29 | 13 | 10 | 5 | 3 | 7 | 1 | 1 | 2 |
Average Days to Sell
137
Typical Days to Sell
26 to 209
Days on the Market Distribution
The number of homes sold in each DOM range
| to74 | 74to149 | 149to223 | 223to298 | 298to372 | 372to446 | 446to521 | 521to595 | 595to670 | 670to744 | 744to818 | 818to893 | 893to967 | 967to1,042 | 1,042to1,116 | 1,116to1,190 | 1,190to1,265 | 1,265to1,339 | 1,339to1,414 | 1,414to1,488 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 357 | 124 | 105 | 75 | 43 | 17 | 9 | 12 | 4 | 4 | 3 | |||||||||
Average Price Reduction
3%
Typical Price Reduction
0% to 5%
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.)
| -26%to-22% | -22%to-18% | -18%to-15% | -15%to-11% | -11%to-7% | -7%to-4% | -4%to0% | 0%to4% | 4%to8% | 8%to11% | 11%to15% | 15%to19% | 19%to22% | 22%to26% | 26%to30% | 30%to34% | 34%to37% | 37%to41% | 41%to45% | 45%to48% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 3 | 3 | 12 | 1,812 | 333 | 385 | 225 | 131 | 68 | 56 | 22 | 17 | 5 | 6 | 4 | 6 | 9 | |
Average Discount from Original List
8%
Typical Sold Discount from Original List
2% to 12%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -22%to-19% | -19%to-15% | -15%to-12% | -12%to-9% | -9%to-5% | -5%to-2% | -2%to2% | 2%to5% | 5%to8% | 8%to12% | 12%to15% | 15%to19% | 19%to22% | 22%to25% | 25%to29% | 29%to32% | 32%to36% | 36%to39% | 39%to43% | 43%to46% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 1 | 2 | 3 | 13 | 129 | 175 | 147 | 85 | 58 | 39 | 35 | 17 | 15 | 6 | 5 | 6 | 3 | 5 | |
Average Discount from Last List
5%
Typical Sold Discount from Last List
1% to 7%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -33%to-29% | -29%to-25% | -25%to-21% | -21%to-18% | -18%to-14% | -14%to-10% | -10%to-6% | -6%to-2% | -2%to2% | 2%to6% | 6%to10% | 10%to14% | 14%to18% | 18%to22% | 22%to26% | 26%to30% | 30%to34% | 34%to38% | 38%to42% | 42%to46% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 1 | 2 | 2 | 17 | 234 | 260 | 138 | 52 | 22 | 8 | 6 | 2 | 1 | 1 | 1 | 3 | |||
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