In-depth Real Estate Data: Communities

Melbourne Estates Research, Pricing, and Statistics

From March 20th, 2024 through September 16th, 2024

Units Sold:

10

Average Sold Price:

$200,700

Average Sold Discount:

5%

Average DOM:

43

Melbourne Estates offers a diverse selection of homes, with 8 active listings ranging from $129,900 to $409,000. The average home size is 1,899 sq ft, featuring lots averaging 5,600 sq ft. With new builds from Century Communities and another builder, it's an exciting time for buyers and sellers alike!

Active Listings

9

Average List Price

$326,090

Typical List Price

$250k to $409k

Homes Listed per Price Range

A visual list price spectrum representation

$130kto$223k$223kto$316k$316kto$409k
2024138

Sold Listings

10

Average Selling Price

$200,700

Typical Selling Price

$84k to $285k

Homes Sold per Price Range

A visual sold price spectrum representation

$57kto$123k$123kto$188k$188kto$254k$254kto$319k$319kto$385k
202431232

Average Sold Price per Sq Ft

$163

Typical Sold Price per Sq Ft

$161 to $177

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$113to$136$136to$159$159to$182
202425

Average Days to Sell

43

Typical Days to Sell

3 to 43

Days on the Market Distribution

The number of homes sold in each DOM range

1to4141to8181to120120to160160to200
20246212

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to8%8%to15%15%to23%
202482

Average Discount from Last List

5%

Typical Sold Discount from Last List

1% to 5%

Negotiated Disocunts from Final List Price

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

0%to5%5%to9%9%to14%14%to18%18%to23%
2024722

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.