Arcola Research, Pricing, and Statistics
Units Sold:
5
Average Sold Price:
$234,400
Average Sold Discount:
15%
Average Price Reduction:
6%
Average DOM:
89
Arcola offers a diverse real estate market with six homes currently for sale, featuring list prices ranging from $225,000 to $650,000. Homes vary in size from 1,472 to 4,958 sq ft, with an average price of $351,000. This area is ideal for buyers seeking spacious lots, averaging 17,106 sq ft, and a range of modern homes built between 1997 and 2022.
Active Listings
6
Average List Price
$351,000
Typical List Price
$278k to $340k
Homes Listed per Price Range
A visual list price spectrum representation
| $225kto$367k | $367kto$508k | $508kto$650k | |
|---|---|---|---|
| 2024 | 5 | 2 | |
Sold Listings
5
Average Selling Price
$234,400
Typical Selling Price
$118k to $305k
Homes Sold per Price Range
A visual sold price spectrum representation
| $89kto$184k | $184kto$280k | $280kto$375k | |
|---|---|---|---|
| 2024 | 2 | 4 | |
Average Sold Price per Sq Ft
$141
Typical Sold Price per Sq Ft
$134 to $153
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $105to$145 | $145to$185 | |
|---|---|---|
| 2024 | 1 | 3 |
Average Days to Sell
89
Typical Days to Sell
18 to 66
Days on the Market Distribution
The number of homes sold in each DOM range
| 13to103 | 103to194 | 194to284 | |
|---|---|---|---|
| 2024 | 4 | 2 | |
Average Price Reduction
6%
Typical Price Reduction
0% to 7%
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%to5% | 5%to10% | 10%to16% | 16%to21% | 21%to26% | 26%to31% | |
|---|---|---|---|---|---|---|
| 2024 | 10 | 4 | 2 | 1 | 2 | |
Average Discount from Original List
15%
Typical Sold Discount from Original List
10% to 17%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| 8%to14% | 14%to20% | 20%to26% | |
|---|---|---|---|
| 2024 | 2 | 2 | 2 |
Average Discount from Last List
10%
Typical Sold Discount from Last List
1% to 17%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| 0%to7% | 7%to14% | 14%to21% | |
|---|---|---|---|
| 2024 | 2 | 1 | 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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