Builder Community Research

Brightland Homes Balmoral

From June 25th, 2024 through December 22nd, 2024

Units Sold:

198

Average Sold Price:

$368,643

Average Sold Discount:

8%

Average Price Reduction:

8%

Average DOM:

130

Brightland Homes offers new homes in several communities, including those with the most active listings like the $272k to $337k range and the $338k to $403k range. Their homes average 2,239 sq ft, with sizes ranging from cozy 1,359 sq ft designs to spacious 4,136 sq ft layouts, catering to diverse lifestyles and preferences.

Active Listings

8

Average List Price

$374,924

Typical List Price

$356k to $390k

Homes Listed per Price Range

A visual list price spectrum representation

$346kto$363k$363kto$380k$380kto$397k
202436

Sold Listings

17

Average Selling Price

$372,609

Typical Selling Price

$337k to $405k

Homes Sold per Price Range

A visual sold price spectrum representation

$310kto$328k$328kto$347k$347kto$365k$365kto$383k$383kto$402k$402kto$420k
2024241146

Average Sold Price per Sq Ft

$175

Typical Sold Price per Sq Ft

$163 to $183

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$141to$154$154to$167$167to$180$180to$193$193to$206$206to$219
2024643122

Average Days to Sell

147

Typical Days to Sell

76 to 187

Days on the Market Distribution

The number of homes sold in each DOM range

3to8080to156156to233233to310310to386386to463
2024662112

Average Price Reduction

7%

Typical Price Reduction

4% to 9%

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%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to20%
202451578212

Average Discount from Original List

5%

Typical Sold Discount from Original List

2% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-12%to-7%-7%to-2%-2%to3%3%to8%8%to12%12%to17%
2024113814

Average Discount from Last List

-2%

Typical Sold Discount from Last List

-2% to 0%

Negotiated Disocunts from Final List Price

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

-15%to-12%-12%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%
20242394

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.