Builder Community Research

Meritage Homes Pinecrest

From July 26th, 2024 through January 22nd, 2025

Units Sold:

426

Average Sold Price:

$337,055

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

77

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

10

Average List Price

$408,734

Typical List Price

$389k to $433k

Homes Listed per Price Range

A visual list price spectrum representation

$371kto$388k$388kto$405k$405kto$422k$422kto$439k$439kto$456k
20253323

Sold Listings

18

Average Selling Price

$388,627

Typical Selling Price

$366k to $407k

Homes Sold per Price Range

A visual sold price spectrum representation

$357kto$375k$375kto$393k$393kto$411k$411kto$429k$429kto$446k$446kto$464k
2025112123

Average Sold Price per Sq Ft

$221

Typical Sold Price per Sq Ft

$210 to $232

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$180to$192$192to$203$203to$215$215to$226$226to$238$238to$250
2025224713

Average Days to Sell

54

Typical Days to Sell

13 to 78

Days on the Market Distribution

The number of homes sold in each DOM range

to2424to4848to7373to9797to121121to145
2025813223

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

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%to1%1%to2%2%to3%3%to4%4%to4%4%to5%
2025142124

Average Discount from Original List

4%

Typical Sold Discount from Original List

3% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to1%1%to3%3%to4%4%to6%6%to7%7%to9%
2025154522

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

0%to1%1%to2%2%to3%3%to4%4%to4%4%to5%
202591216

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.