In-depth Real Estate Data: Major Markets

Northwest Houston Research, Pricing, and Statistics

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

Units Sold:

879

Average Sold Price:

$284,765

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

92

The Northwest Houston market offers a diverse range of homes, with 1,049 active listings priced between $240,000 and $2,450,000. The average home size is 1,803 sq ft, and properties typically feature 3 bedrooms. With homes available from various builders, it's a great time to explore buying or selling in this vibrant area!

Active Listings

1,061

Average List Price

$355,593

Typical List Price

$260k to $382k

Homes Listed per Price Range

A visual list price spectrum representation

$52kto$174k$174kto$297k$297kto$419k$419kto$541k$541kto$664k$664kto$786k$786kto$909k$909kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.5M
2024603324691154213952233115

Sold Listings

879

Average Selling Price

$284,765

Typical Selling Price

$205k to $343k

Homes Sold per Price Range

A visual sold price spectrum representation

$34kto$197k$197kto$361k$361kto$524k$524kto$687k$687kto$851k$851kto$1.0M$1.0Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.6M$2.6Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.1M$3.1Mto$3.3M
20242005001502123112

Average Sold Price per Sq Ft

$198

Typical Sold Price per Sq Ft

$153 to $218

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$42to$70$70to$98$98to$127$127to$155$155to$183$183to$211$211to$239$239to$268$268to$296$296to$324$324to$352$352to$380$380to$409$409to$437$437to$465$465to$493$493to$521$521to$550$550to$578$578to$606
202493910615416518174149241242112

Average Days to Sell

92

Typical Days to Sell

10 to 125

Days on the Market Distribution

The number of homes sold in each DOM range

to8989to178178to267267to357357to446446to535535to624624to713713to802802to892892to981981to1,0701,070to1,1591,159to1,2481,248to1,3371,337to1,4261,426to1,5161,516to1,6051,605to1,6941,694to1,783
2024587151753317431221112

Average Price Reduction

2%

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.)

-20%to-17%-17%to-14%-14%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to3%3%to6%6%to9%9%to12%12%to16%16%to19%19%to22%22%to25%25%to29%29%to32%32%to35%35%to38%38%to41%41%to45%
20243141115341,8422391396844251412534323

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-31%to-27%-27%to-23%-23%to-19%-19%to-15%-15%to-11%-11%to-7%-7%to-3%-3%to0%0%to4%4%to8%8%to12%12%to16%16%to20%20%to24%24%to28%28%to31%31%to35%35%to39%39%to43%43%to47%
202411111719274221129794329241698315

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-25%to-21%-21%to-18%-18%to-14%-14%to-11%-11%to-7%-7%to-4%-4%to0%0%to3%3%to7%7%to10%10%to14%14%to17%17%to21%21%to24%24%to28%28%to31%31%to35%35%to38%38%to42%42%to45%
202422281276474143614023910835

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.