In-depth Real Estate Data: Communities

Memorial Creek Research, Pricing, and Statistics

From June 25th, 2024 through December 22nd, 2024

Units Sold:

3

Average Sold Price:

$316,867

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

31

Memorial Creek offers a vibrant real estate market with 6 homes currently for sale, averaging a list price of $434,300. Homes range from 2,718 to 3,897 sq ft, featuring 4 to 5 bedrooms and spacious lots averaging 8,516 sq ft. With homes built between 1998 and 2001, this community is perfect for families seeking comfort and space.

Active Listings

6

Average List Price

$434,300

Typical List Price

$420k to $450k

Homes Listed per Price Range

A visual list price spectrum representation

$405kto$424k$424kto$442k$442kto$461k
202434

Sold Listings

3

Average Selling Price

$316,867

Typical Selling Price

$200k to $474k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$277k$277kto$550k
202413

Average Sold Price per Sq Ft

$128

Typical Sold Price per Sq Ft

$115 to $142

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$67$67to$133
202413

Average Days to Sell

31

Typical Days to Sell

7 to 43

Days on the Market Distribution

The number of homes sold in each DOM range

6to4242to78
202422

Average Price Reduction

2%

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.)

0%to1%1%to3%3%to4%4%to5%5%to7%
20241114

Average Discount from Original List

4%

Typical Sold Discount from Original List

3% to 5%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

3%to5%5%to6%
202422

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-3%to1%1%to6%
202413

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.