Builder Community Research

Chesmar Homes Groves

From May 21st, 2024 through November 17th, 2024

Units Sold:

235

Average Sold Price:

$380,819

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

68

Chesmar Homes is a Houston home builder offering a variety of new homes across several communities, with the most active listings found in the $299k to $357k range. Their homes average 2,126 sq ft and feature a range of sizes from cozy 1,360 sq ft designs to spacious 3,221 sq ft options, catering to diverse lifestyles.

Active Listings

9

Average List Price

$353,227

Typical List Price

$345k to $355k

Homes Listed per Price Range

A visual list price spectrum representation

$340kto$351k$351kto$362k$362kto$374k
2024523

Sold Listings

12

Average Selling Price

$350,143

Typical Selling Price

$339k to $360k

Homes Sold per Price Range

A visual sold price spectrum representation

$335kto$341k$341kto$347k$347kto$353k$353kto$359k$359kto$365k
20244315

Average Sold Price per Sq Ft

$185

Typical Sold Price per Sq Ft

$180 to $190

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$172to$177$177to$181$181to$186$186to$191$191to$195
202412155

Average Days to Sell

58

Typical Days to Sell

42 to 83

Days on the Market Distribution

The number of homes sold in each DOM range

to2121to4242to6262to8383to104
20243244

Average Price Reduction

6%

Typical Price Reduction

3% to 8%

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.)

-2%to1%1%to4%4%to7%7%to9%9%to12%12%to15%15%to17%
202455105214

Average Discount from Original List

6%

Typical Sold Discount from Original List

5% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to2%2%to4%4%to6%6%to7%7%to9%
202412325

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

0%to1%1%to2%2%to3%3%to5%5%to6%
202453122

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.

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