In-depth Real Estate Data: Local Markets

Fall Creek-Summerwood-Groves Research, Pricing, and Statistics

From November 3rd, 2024 through May 2nd, 2025

Units Sold:

85

Average Sold Price:

$380,723

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

85

The Fall Creek-Summerwood-Groves market offers a diverse selection of homes, with 465 active listings ranging from $390,590 to $1,400,000. The average home size is 2,743 sq ft, providing ample space for families. With homes built between 2008 and 2021, this area is perfect for buyers seeking modern amenities and comfortable living.

Active Listings

446

Average List Price

$433,780

Typical List Price

$327k to $489k

Homes Listed per Price Range

A visual list price spectrum representation

$140kto$308k$308kto$476k$476kto$644k$644kto$812k$812kto$980k$980kto$1.1M$1.1Mto$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$2.7M$2.7Mto$2.8M$2.8Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.3M$3.3Mto$3.5M
202575254753312322

Sold Listings

85

Average Selling Price

$380,723

Typical Selling Price

$325k to $438k

Homes Sold per Price Range

A visual sold price spectrum representation

$139kto$190k$190kto$241k$241kto$293k$293kto$344k$344kto$395k$395kto$446k$446kto$497k$497kto$548k$548kto$600k$600kto$651k$651kto$702k$702kto$735k
202523920231093313

Average Sold Price per Sq Ft

$156

Typical Sold Price per Sq Ft

$137 to $172

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$98to$115$115to$131$131to$148$148to$165$165to$182$182to$198$198to$204
202561919171942

Average Days to Sell

85

Typical Days to Sell

27 to 116

Days on the Market Distribution

The number of homes sold in each DOM range

to4040to8181to121121to162162to202202to243243to283283to324324to364364to405405to445445to486486to526526to567567to607607to621
2025292017105122

Average Price Reduction

2%

Typical Price Reduction

0% to 4%

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.)

-9%to-7%-7%to-6%-6%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to12%12%to14%14%to15%15%to16%16%to18%18%to19%19%to21%
202521243255671675025101113473212

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

-4%to-1%-1%to2%2%to5%5%to9%9%to12%12%to15%15%to16%
20253381418643

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-4%to-3%-3%to-2%-2%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%to12%12%to13%
2025131371099443212

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.