Builder Community Research

New Home Co Marvida

From May 7th, 2024 through November 3rd, 2024

Units Sold:

12

Average Sold Price:

$448,470

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

71

New Home Co is a Houston home builder offering a variety of new homes across several communities, with 33 active listings. Their homes typically feature an average size of 2,869 sq ft, with prices ranging from the mid $300s to nearly $700k. With options for every budget, there's a perfect fit for many homebuyers.

Active Listings

17

Average List Price

$578,985

Typical List Price

$541k to $616k

Homes Listed per Price Range

A visual list price spectrum representation

$500kto$532k$532kto$564k$564kto$595k$595kto$627k$627kto$659k$659kto$691k
202444253

Sold Listings

2

Average Selling Price

$577,995

Typical Selling Price

$531k to $624k

Homes Sold per Price Range

A visual sold price spectrum representation

$485kto$578k$578kto$671k
202412

Average Sold Price per Sq Ft

$193

Typical Sold Price per Sq Ft

$179 to $205

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$162to$171$171to$180
202412

Average Days to Sell

84

Typical Days to Sell

65 to 102

Days on the Market Distribution

The number of homes sold in each DOM range

47to8484to120
202412

Average Price Reduction

2%

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.)

-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%
202411334

Average Discount from Original List

8%

Typical Sold Discount from Original List

5% to 10%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

3%to8%8%to13%
202412

Average Discount from Last List

2%

Typical Sold Discount from Last List

1% to 3%

Negotiated Disocunts from Final List Price

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

0%to2%2%to4%
202412

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.