Builder Community Research

Lake Ridge Builders Sheldon Ridge

From May 8th, 2024 through November 4th, 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.

Sold Listings

12

Average Selling Price

$348,138

Typical Selling Price

$320k to $374k

Homes Sold per Price Range

A visual sold price spectrum representation

$288kto$307k$307kto$327k$327kto$346k$346kto$365k$365kto$384k
20242245

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$125to$135$135to$144$144to$154$154to$163$163to$173
20245323

Average Days to Sell

81

Typical Days to Sell

40 to 108

Days on the Market Distribution

The number of homes sold in each DOM range

1to3636to7272to107107to143143to178
202433313

Average Price Reduction

5%

Typical Price Reduction

2% to 6%

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.)

-8%to-4%-4%to0%0%to4%4%to8%8%to12%12%to16%16%to20%
20241371422

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to1%1%to4%4%to6%6%to9%9%to11%
20244414

Average Discount from Last List

3%

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

-2%to0%0%to2%2%to4%4%to6%6%to8%
20244315

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.

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