In-depth Real Estate Data: Local Markets

Montgomery-Magnolia Close In Research, Pricing, and Statistics

From February 2nd, 2025 through August 1st, 2025

Units Sold:

5

Average Sold Price:

$506,858

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

103

The Montgomery-Magnolia Close In market offers a diverse range of homes, with prices ranging from $175,000 to $4,295,000 and an average list price of $612,361. With 600 active listings, buyers can find homes averaging 2,801 sq ft on lots averaging 32,941 sq ft. This area is ideal for those seeking spacious living options!

Active Listings

430

Average List Price

$624,871

Typical List Price

$325k to $720k

Homes Listed per Price Range

A visual list price spectrum representation

$165kto$527k$527kto$889k$889kto$1.3M$1.3Mto$1.6M$1.6Mto$2.0M$2.0Mto$2.3M$2.3Mto$2.7M$2.7Mto$3.1M$3.1Mto$3.4M$3.4Mto$3.8M$3.8Mto$4.1M$4.1Mto$4.5M$4.5Mto$4.9M$4.9Mto$5.2M$5.2Mto$5.6M$5.6Mto$6.0M$6.0Mto$6.3M$6.3Mto$6.7M$6.7Mto$7.0M$7.0Mto$7.4M
20252491113619651112

Sold Listings

5

Average Selling Price

$506,858

Typical Selling Price

$360k to $425k

Homes Sold per Price Range

A visual sold price spectrum representation

$230kto$535k$535kto$840k$840kto$1.1M
202542

Average Sold Price per Sq Ft

$212

Typical Sold Price per Sq Ft

$163 to $237

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$170to$198$198to$226$226to$254
2025222

Average Days to Sell

103

Typical Days to Sell

48 to 133

Days on the Market Distribution

The number of homes sold in each DOM range

12to9696to180180to264
2025312

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.)

-16%to-14%-14%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to22%22%to24%
2025223277350109826530241652542

Average Discount from Original List

4%

Typical Sold Discount from Original List

2% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to3%3%to6%6%to9%
2025213

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

0%to2%2%to4%4%to6%
2025312

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.