Builder Community Research

M/I Homes Marvida

From May 25th, 2024 through November 21st, 2024

Units Sold:

224

Average Sold Price:

$317,236

Average Sold Discount:

6%

Average Price Reduction:

4%

Average DOM:

133

M/I Homes, ranked #9 among Houston builders, offers a diverse selection of new homes across several communities, including those with the most active listings. Their homes average 2,046 sq ft and are priced from the low $230,000s to the high $660,000s, catering to a variety of budgets and preferences. With an average market time of 84 days, buyers can find a range of options to suit their needs.

Active Listings

6

Average List Price

$387,657

Typical List Price

$376k to $400k

Homes Listed per Price Range

A visual list price spectrum representation

$344kto$370k$370kto$395k$395kto$421k
2024124

Sold Listings

20

Average Selling Price

$376,606

Typical Selling Price

$343k to $399k

Homes Sold per Price Range

A visual sold price spectrum representation

$309kto$344k$344kto$379k$379kto$414k$414kto$450k$450kto$485k$485kto$520k
202465622

Average Sold Price per Sq Ft

$196

Typical Sold Price per Sq Ft

$193 to $198

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$143to$155$155to$166$166to$178$178to$189$189to$200$200to$212
2024442443

Average Days to Sell

93

Typical Days to Sell

58 to 132

Days on the Market Distribution

The number of homes sold in each DOM range

3to3030to5656to8383to109109to136136to162
2024412455

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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%to2%2%to4%4%to6%6%to8%8%to11%11%to13%
202421176622

Average Discount from Original List

5%

Typical Sold Discount from Original List

3% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to3%3%to5%5%to8%8%to10%10%to13%13%to15%
202447622

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%to4%4%to5%5%to6%
2024754113

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.