In-depth Real Estate Data: Local Markets

Galveston Island Research, Pricing, and Statistics

From November 2nd, 2024 through May 1st, 2025

Units Sold:

54

Average Sold Price:

$331,394

Average Sold Discount:

11%

Average Price Reduction:

4%

Average DOM:

165

Galveston Island's real estate market offers a diverse range of options, with 909 homes currently for sale. Prices average around $463,291, with listings ranging from $40,000 to $4,250,000. Homes typically feature 2 to 3 bedrooms and vary in size from 430 to 17,641 sq ft, making it an exciting time for buyers and sellers alike!

Active Listings

908

Average List Price

$448,769

Typical List Price

$250k to $502k

Homes Listed per Price Range

A visual list price spectrum representation

$29kto$240k$240kto$451k$451kto$662k$662kto$873k$873kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.4M$2.4Mto$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
202521341115061357666324212

Sold Listings

54

Average Selling Price

$331,394

Typical Selling Price

$151k to $409k

Homes Sold per Price Range

A visual sold price spectrum representation

$40kto$177k$177kto$313k$313kto$450k$450kto$586k$586kto$723k$723kto$859k$859kto$996k$996kto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.7M
20251614146122

Average Sold Price per Sq Ft

$303

Typical Sold Price per Sq Ft

$215 to $368

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$45to$113$113to$180$180to$247$247to$315$315to$382$382to$449$449to$517$517to$584$584to$651$651to$718$718to$734
2025581976312

Average Days to Sell

165

Typical Days to Sell

51 to 230

Days on the Market Distribution

The number of homes sold in each DOM range

2to9797to191191to286286to380380to475475to569569to649
2025181612432

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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.)

-12%to-9%-9%to-6%-6%to-3%-3%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to21%21%to24%24%to27%27%to30%30%to33%33%to36%36%to39%39%to42%42%to45%45%to48%
202522551113115746230262276121218

Average Discount from Original List

11%

Typical Sold Discount from Original List

3% to 18%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-5%to3%3%to12%12%to20%20%to28%28%to36%36%to39%
202514187732

Average Discount from Last List

7%

Typical Sold Discount from Last List

3% to 10%

Negotiated Disocunts from Final List Price

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

-5%to-1%-1%to3%3%to7%7%to11%11%to15%15%to19%19%to22%22%to26%26%to28%
20252151682533

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.