Builder Community Research

Meritage Homes Pinecrest

From June 25th, 2024 through December 22nd, 2024

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.

Sold Listings

61

Average Selling Price

$390,982

Typical Selling Price

$365k to $413k

Homes Sold per Price Range

A visual sold price spectrum representation

$350kto$374k$374kto$398k$398kto$422k$422kto$446k$446kto$466k
202425158104

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

$178to$186$186to$194$194to$203$203to$211$211to$219$219to$227$227to$236$236to$244$244to$251
202455612181024

Average Days to Sell

50

Typical Days to Sell

6 to 83

Days on the Market Distribution

The number of homes sold in each DOM range

to3939to7878to117117to156156to188
202431131332

Average Price Reduction

2%

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.)

-3%to-1%-1%to1%1%to3%3%to5%5%to7%
2024229181911

Average Discount from Original List

4%

Typical Sold Discount from Original List

2% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-1%to1%1%to2%2%to4%4%to6%6%to8%8%to9%9%to10%
2024571716962

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-1%to1%1%to3%3%to5%5%to6%
20242019149

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.

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