In-depth Real Estate Data: Communities

Melbourne Estates Research, Pricing, and Statistics

From July 26th, 2024 through January 22nd, 2025

Units Sold:

14

Average Sold Price:

$169,658

Average Sold Discount:

2%

Average Price Reduction:

1%

Average DOM:

68

Melbourne Estates offers a diverse selection of homes, with 6 properties currently for sale, ranging from $127,900 to $400,000. The average list price is $236,192, featuring homes sized from 1,140 to 2,298 sq ft. With lots averaging 6,782 sq ft and built between 2019 and 2023, it's a great time to explore buying or selling in this vibrant community!

Active Listings

7

Average List Price

$237,699

Typical List Price

$202k to $260k

Homes Listed per Price Range

A visual list price spectrum representation

$123kto$213k$213kto$303k$303kto$393k
2025332

Sold Listings

14

Average Selling Price

$169,658

Typical Selling Price

$35k to $375k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$81k$81kto$161k$161kto$241k$241kto$320k$320kto$400k
20258116

Average Sold Price per Sq Ft

$161

Typical Sold Price per Sq Ft

$151 to $181

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$59$59to$118$118to$176
202537

Average Days to Sell

68

Typical Days to Sell

5 to 62

Days on the Market Distribution

The number of homes sold in each DOM range

to6262to125125to187187to250250to312
202511112

Average Price Reduction

1%

Typical Price Reduction

0% to 3%

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.)

-7%to-1%-1%to4%4%to10%
2025143

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 3%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-2%to0%0%to3%3%to5%5%to7%7%to9%
202572312

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

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

-2%to0%0%to1%1%to2%2%to4%4%to5%
202518123

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.