Meritage Homes Discounts, Pricing, and Statistics
Units Sold:
690
Average Sold Price:
$342,293
Average Sold Discount:
6%
Average Price Reduction:
3%
Average DOM:
79
Meritage Homes, ranked #5 among Houston builders, offers a diverse selection of new homes with an average size of 2,051 sq ft. They have active listings in several communities, including 225 homes priced between $263k and $325k and 285 homes ranging from $326k to $388k. With homes featuring lot sizes from 2,016 to 8,157 sq ft, there's something for everyone.
Active Listings
314
Average List Price
$332,181
Typical List Price
$295k to $364k
Homes Listed per Price Range
A visual list price spectrum representation
| $234kto$255k | $255kto$275k | $275kto$296k | $296kto$316k | $316kto$337k | $337kto$357k | $357kto$378k | $378kto$398k | $398kto$418k | $418kto$439k | $439kto$459k | $459kto$480k | $480kto$500k | $500kto$521k | $521kto$541k | $541kto$562k | $562kto$571k | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 10 | 42 | 27 | 43 | 50 | 44 | 44 | 32 | 10 | 4 | 4 | 2 | 1 | 2 | |||
Sold Listings
690
Average Selling Price
$342,293
Typical Selling Price
$296k to $379k
Homes Sold per Price Range
A visual sold price spectrum representation
| $224kto$243k | $243kto$262k | $262kto$281k | $281kto$300k | $300kto$318k | $318kto$337k | $337kto$356k | $356kto$375k | $375kto$394k | $394kto$412k | $412kto$431k | $431kto$450k | $450kto$469k | $469kto$487k | $487kto$506k | $506kto$525k | $525kto$544k | $544kto$563k | $563kto$565k | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 22 | 41 | 58 | 60 | 73 | 100 | 78 | 69 | 66 | 28 | 31 | 28 | 12 | 4 | 6 | 4 | 3 | 6 | 2 |
Average Sold Price per Sq Ft
$170
Typical Sold Price per Sq Ft
$148 to $187
Number of Homes Sold by Sold Price per Square Foot
Breaking down the market by $/SF ranges
| $109to$119 | $119to$130 | $130to$141 | $141to$151 | $151to$162 | $162to$172 | $172to$183 | $183to$193 | $193to$204 | $204to$215 | $215to$225 | $225to$236 | $236to$246 | $246to$257 | $257to$259 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 12 | 40 | 93 | 77 | 68 | 86 | 89 | 74 | 45 | 38 | 34 | 18 | 8 | 7 | 2 |
Average Days to Sell
79
Typical Days to Sell
15 to 114
Days on the Market Distribution
The number of homes sold in each DOM range
| to36 | 36to72 | 72to108 | 108to144 | 144to180 | 180to216 | 216to252 | 252to288 | 288to324 | 324to360 | 360to396 | 396to432 | 432to468 | 468to504 | 504to540 | 540to576 | 576to612 | 612to648 | 648to684 | 684to720 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 260 | 129 | 110 | 71 | 39 | 38 | 18 | 11 | 6 | 1 | 1 | 1 | 2 | 2 | 2 | |||||
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.)
| -7%to-5% | -5%to-3% | -3%to-1% | -1%to1% | 1%to3% | 3%to5% | 5%to7% | 7%to9% | 9%to11% | 11%to13% | 13%to15% | 15%to17% | 17%to19% | 19%to21% | 21%to23% | 23%to25% | 25%to27% | 27%to29% | 29%to31% | 31%to34% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 6 | 11 | 51 | 573 | 239 | 267 | 184 | 120 | 61 | 22 | 12 | 3 | 10 | 4 | 1 | 2 | 1 | 2 | ||
Average Discount from Original List
6%
Typical Sold Discount from Original List
3% to 8%
Discounts Distribution - From Initial List Price
Number of homes sold from each discount rack
| -4%to-3% | -3%to-1% | -1%to0% | 0%to1% | 1%to3% | 3%to4% | 4%to5% | 5%to7% | 7%to8% | 8%to9% | 9%to10% | 10%to12% | 12%to13% | 13%to14% | 14%to16% | 16%to17% | 17%to18% | 18%to20% | 20%to21% | 21%to22% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 10 | 18 | 57 | 85 | 97 | 86 | 77 | 70 | 71 | 43 | 22 | 17 | 12 | 10 | 2 | 6 | 2 | 1 | 4 |
Average Discount from Last List
3%
Typical Sold Discount from Last List
1% to 5%
Negotiated Disocunts from Final List Price
The percentage difference between final list price and closed price, distributed
| -4%to-3% | -3%to-2% | -2%to-1% | -1%to0% | 0%to1% | 1%to2% | 2%to3% | 3%to4% | 4%to5% | 5%to5% | 5%to6% | 6%to7% | 7%to8% | 8%to9% | 9%to10% | 10%to11% | 11%to12% | 12%to13% | 13%to14% | 14%to15% | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 9 | 103 | 51 | 69 | 109 | 94 | 81 | 64 | 39 | 35 | 13 | 9 | 6 | 1 | 2 | 1 | 1 | 2 | |
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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