Builder Community Research

Pelican Builders Memorial Green

From May 26th, 2024 through November 22nd, 2024

Units Sold:

14

Average Sold Price:

$1,601,353

Average Sold Discount:

1%

Average DOM:

222

Pelican Builders, a Houston home builder, offers new homes in several communities, including those with the most active listings in the $562k to $1,482k range. Their homes average 2,338 sq ft and feature a price range from $579,000 to over $5 million, showcasing their reputation as the fourth highest average list price builder in the area.

Sold Listings

4

Average Selling Price

$1,470,308

Typical Selling Price

$1,441k to $1,590k

Homes Sold per Price Range

A visual sold price spectrum representation

$1.1Mto$1.4M$1.4Mto$1.6M
202414

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

$452to$504$504to$555
202423

Average Days to Sell

270

Typical Days to Sell

258 to 309

Days on the Market Distribution

The number of homes sold in each DOM range

178to244244to309
202415

Average Price Reduction

-1%

Typical Price Reduction

-2% to 0%

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.)

-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%
20242283

Average Discount from Original List

0%

Typical Sold Discount from Original List

-3% to 0%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to1%1%to5%
202432

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 1%

Negotiated Disocunts from Final List Price

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

-1%to2%2%to5%
202432

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.