Lake Ridge Builders Balmoral
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
12
Average List Price
$448,459
Typical List Price
$420k to $469k
Homes Listed per Price Range
A visual list price spectrum representation
| $391kto$410k | $410kto$429k | $429kto$449k | $449kto$468k | $468kto$488k | |
|---|---|---|---|---|---|
| 2024 | 2 | 2 | 4 | 5 | |
Sold Listings
14
Average Selling Price
$383,182
Typical Selling Price
$328k to $430k
Homes Sold per Price Range
A visual sold price spectrum representation
| $300kto$332k | $332kto$364k | $364kto$395k | $395kto$427k | $427kto$459k | |
|---|---|---|---|---|---|
| 2024 | 4 | 2 | 1 | 2 | 6 |
Average Sold Price per Sq Ft
$192
Typical Sold Price per Sq Ft
$172 to $213
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $148to$163 | $163to$178 | $178to$193 | $193to$208 | $208to$223 | |
|---|---|---|---|---|---|
| 2024 | 7 | 3 | 2 | 1 | 2 |
Average Days to Sell
75
Typical Days to Sell
61 to 99
Days on the Market Distribution
The number of homes sold in each DOM range
| to35 | 35to71 | 71to106 | 106to142 | 142to177 | |
|---|---|---|---|---|---|
| 2024 | 2 | 5 | 3 | 3 | 2 |
Average Price Reduction
4%
Typical Price Reduction
-1% 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.)
| -10%to-5% | -5%to0% | 0%to5% | 5%to11% | 11%to16% | 16%to18% | |
|---|---|---|---|---|---|---|
| 2024 | 1 | 25 | 5 | 5 | 5 | 6 |
Average Discount from Original List
7%
Typical Sold Discount from Original List
2% to 14%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| 0%to3% | 3%to6% | 6%to10% | 10%to13% | 13%to16% | |
|---|---|---|---|---|---|
| 2024 | 5 | 3 | 1 | 1 | 5 |
Average Discount from Last List
3%
Typical Sold Discount from Last List
0% to 7%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -3%to-1% | -1%to2% | 2%to4% | 4%to7% | 7%to9% | |
|---|---|---|---|---|---|
| 2024 | 2 | 6 | 1 | 1 | 5 |
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.
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