Builder Community Research

Tricoast Homes Marvida

From May 28th, 2024 through November 24th, 2024

Units Sold:

23

Average Sold Price:

$382,322

Average Sold Discount:

4%

Average Price Reduction:

1%

Average DOM:

164

Tricoast Homes is a Houston home builder offering new homes in several communities, including those with the most active listings like the 21 homes priced between $417k and $457k and 17 homes in the $376k to $416k range. Their homes typically average 2,389 sq ft, with prices ranging from $325,990 to $519,990.

Active Listings

11

Average List Price

$418,535

Typical List Price

$398k to $431k

Homes Listed per Price Range

A visual list price spectrum representation

$360kto$391k$391kto$422k$422kto$454k$454kto$485k$485kto$516k
20242622

Sold Listings

3

Average Selling Price

$382,327

Typical Selling Price

$365k to $400k

Homes Sold per Price Range

A visual sold price spectrum representation

$346kto$381k$381kto$416k
202413

Average Sold Price per Sq Ft

$203

Typical Sold Price per Sq Ft

$186 to $215

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$154to$185$185to$216
202413

Average Days to Sell

211

Typical Days to Sell

199 to 218

Days on the Market Distribution

The number of homes sold in each DOM range

196to215215to234
202422

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%to5%5%to6%
20241321123

Average Discount from Original List

6%

Typical Sold Discount from Original List

6% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

5%to6%6%to7%
202422

Average Discount from Last List

2%

Typical Sold Discount from Last List

1% to 2%

Negotiated Disocunts from Final List Price

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

0%to2%2%to4%
202422

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.