Builder Community Research

Shea Homes Sunterra

From May 25th, 2024 through November 21st, 2024

Units Sold:

45

Average Sold Price:

$521,040

Average Sold Discount:

8%

Average Price Reduction:

3%

Average DOM:

191

Shea Homes offers new homes in several communities around Houston, with a strong presence in areas featuring 43 active listings priced between $391k and $490k. Their homes typically average 2,756 sq ft, with sizes ranging from cozy 1,457 sq ft designs to spacious 4,615 sq ft layouts, catering to a variety of lifestyles and needs.

Sold Listings

8

Average Selling Price

$413,116

Typical Selling Price

$395k to $435k

Homes Sold per Price Range

A visual sold price spectrum representation

$320kto$378k$378kto$437k$437kto$495k
2024243

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

$167to$191$191to$216$216to$240
2024513

Average Days to Sell

139

Typical Days to Sell

70 to 216

Days on the Market Distribution

The number of homes sold in each DOM range

to9292to183183to275
2024324

Average Price Reduction

6%

Typical Price Reduction

2% to 8%

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%to3%3%to5%5%to8%8%to10%10%to13%13%to15%
2024526213

Average Discount from Original List

7%

Typical Sold Discount from Original List

5% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

4%to7%7%to11%11%to15%
2024522

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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