In-depth Real Estate Data: Communities

Balmoral Research, Pricing, and Statistics

From May 21st, 2024 through November 17th, 2024

Units Sold:

186

Average Sold Price:

$261,664

Average Sold Discount:

4%

Average Price Reduction:

3%

Average DOM:

92

Balmoral offers a diverse range of homes with 128 listings currently available, featuring prices from $235,500 to $675,000. Average homes span 2,310 sq ft on lots averaging 6,627 sq ft. With new constructions from 2020 to 2024, this community is perfect for buyers seeking modern living. Whether buying or selling, Balmoral has something for everyone!

Active Listings

128

Average List Price

$381,318

Typical List Price

$325k to $439k

Homes Listed per Price Range

A visual list price spectrum representation

$236kto$281k$281kto$326k$326kto$371k$371kto$416k$416kto$461k$461kto$507k$507kto$552k$552kto$597k$597kto$642k$642kto$675k
20241122302915134122

Sold Listings

186

Average Selling Price

$261,664

Typical Selling Price

$3k to $369k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$130k$130kto$258k$258kto$386k$386kto$514k$514kto$630k
202449791337

Average Sold Price per Sq Ft

$168

Typical Sold Price per Sq Ft

$154 to $178

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$60$60to$120$120to$179$179to$223
202449310331

Average Days to Sell

92

Typical Days to Sell

26 to 132

Days on the Market Distribution

The number of homes sold in each DOM range

to3737to7474to111111to148148to185185to222222to259259to296296to333333to370370to407407to444444to481481to517517to554554to569
2024683028271067411122

Average Price Reduction

3%

Typical Price Reduction

0% to 6%

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.)

-25%to-23%-23%to-20%-20%to-18%-18%to-16%-16%to-14%-14%to-12%-12%to-9%-9%to-7%-7%to-5%-5%to-3%-3%to0%0%to2%2%to4%4%to6%6%to9%9%to11%11%to13%13%to15%15%to18%18%to20%
2024111212222075650412915964

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-25%to-23%-23%to-20%-20%to-18%-18%to-16%-16%to-13%-13%to-11%-11%to-9%-9%to-7%-7%to-4%-4%to-2%-2%to0%0%to3%3%to5%5%to7%7%to9%9%to12%12%to14%14%to16%16%to19%19%to21%
20241111145623263115105813

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-15%to-13%-13%to-11%-11%to-9%-9%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to5%5%to7%7%to8%8%to10%10%to12%12%to14%14%to15%15%to17%17%to19%19%to21%
20241114611107271275212

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.