In-depth Real Estate Data: Communities

Balmoral Research, Pricing, and Statistics

From March 23rd, 2024 through September 19th, 2024

Units Sold:

96

Average Sold Price:

$368,774

Average Sold Discount:

4%

Average Price Reduction:

4%

Average DOM:

111

Balmoral offers a diverse range of homes, with 130 active listings priced between $235,500 and $629,900. The average list price is $370,598, featuring homes that average 2,233 sq ft on spacious lots averaging 6,457 sq ft. With options from eight builders, it's a great time to buy or sell in this vibrant community!

Active Listings

130

Average List Price

$370,598

Typical List Price

$319k to $420k

Homes Listed per Price Range

A visual list price spectrum representation

$236kto$275k$275kto$315k$315kto$354k$354kto$394k$394kto$433k$433kto$473k$473kto$513k$513kto$552k$552kto$592k$592kto$630k
20241214391817205312

Sold Listings

96

Average Selling Price

$368,774

Typical Selling Price

$320k to $409k

Homes Sold per Price Range

A visual sold price spectrum representation

$249kto$288k$288kto$327k$327kto$365k$365kto$404k$404kto$443k$443kto$482k$482kto$520k$520kto$559k$559kto$598k$598kto$605k
2024101825171542132

Average Sold Price per Sq Ft

$169

Typical Sold Price per Sq Ft

$156 to $178

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$114to$125$125to$137$137to$148$148to$159$159to$170$170to$181$181to$193$193to$204$204to$215$215to$219
2024331512291413313

Average Days to Sell

111

Typical Days to Sell

29 to 149

Days on the Market Distribution

The number of homes sold in each DOM range

to5252to104104to157157to209209to261261to313313to365365to418418to470470to522522to569
2024362314693213

Average Price Reduction

4%

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.)

-10%to-8%-8%to-6%-6%to-5%-5%to-3%-3%to-1%-1%to1%1%to3%3%to5%5%to7%7%to9%9%to10%10%to12%12%to14%14%to16%16%to18%18%to20%20%to20%
202424155272641261910107112

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

-12%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%4%to7%7%to10%10%to13%13%to16%16%to19%19%to20%
2024112232123138212

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-12%-12%to-11%-11%to-10%-10%to-8%-8%to-7%-7%to-6%-6%to-5%-5%to-4%-4%to-2%-2%to-1%-1%to0%0%to1%1%to3%3%to4%4%to5%5%to6%6%to7%7%to9%9%to10%
2024111434421012722314

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.