Houston Home Builder

Lake Ridge Builders Discounts, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

41

Average Sold Price:

$428,250

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

86

Lake Ridge Builders offers new homes in several communities, including those with the most active listings, where you can find homes averaging 2,451 sq ft. Their properties range from cozy 1,490 sq ft designs to spacious 4,365 sq ft layouts, with prices starting under $302k and reaching up to $1.98 million.

Active Listings

49

Average List Price

$484,489

Typical List Price

$401k to $479k

Homes Listed per Price Range

A visual list price spectrum representation

$303kto$386k$386kto$470k$470kto$554k$554kto$638k$638kto$722k$722kto$806k$806kto$890k$890kto$974k$974kto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.6M$1.6Mto$1.7M$1.7Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M
202472943322

Sold Listings

41

Average Selling Price

$428,250

Typical Selling Price

$342k to $430k

Homes Sold per Price Range

A visual sold price spectrum representation

$288kto$339k$339kto$390k$390kto$441k$441kto$492k$492kto$543k$543kto$594k$594kto$645k$645kto$696k$696kto$747k$747kto$798k$798kto$849k$849kto$900k$900kto$940k
2024101563112112

Average Sold Price per Sq Ft

$196

Typical Sold Price per Sq Ft

$153 to $226

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$125to$156$156to$186$186to$217$217to$247$247to$278$278to$286
202416145142

Average Days to Sell

86

Typical Days to Sell

53 to 123

Days on the Market Distribution

The number of homes sold in each DOM range

to4141to8181to122122to162162to184
2024912885

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.)

-10%to-8%-8%to-6%-6%to-4%-4%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to11%11%to13%13%to15%15%to16%16%to18%18%to20%
202413211731110117434422

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-4%to1%1%to6%6%to10%10%to15%15%to16%
20241491243

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 6%

Negotiated Disocunts from Final List Price

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

-3%to1%1%to4%4%to8%8%to9%
202421885

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.