In-depth Real Estate Data: Communities

Memorial Drive Research, Pricing, and Statistics

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

Units Sold:

5

Average Sold Price:

$915,800

Average Sold Discount:

7%

Average DOM:

94

The Memorial Drive community currently has 2 homes for sale, with an average list price of $1,381,500. These spacious homes average 3,651 sq ft and sit on generous lots averaging 12,593 sq ft. Built between 1984 and 1994, they offer a comfortable living experience in a desirable area.

Sold Listings

5

Average Selling Price

$915,800

Typical Selling Price

$935k to $970k

Homes Sold per Price Range

A visual sold price spectrum representation

$640kto$788k$788kto$936k$936kto$1.1M
2024114

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$212to$235$235to$257
202422

Average Days to Sell

94

Typical Days to Sell

23 to 91

Days on the Market Distribution

The number of homes sold in each DOM range

2to105105to207207to310
202442

Average Discount from Original List

7%

Typical Sold Discount from Original List

3% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

2%to7%7%to13%13%to18%
2024312

Average Discount from Last List

5%

Typical Sold Discount from Last List

3% to 5%

Negotiated Disocunts from Final List Price

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

2%to4%4%to7%7%to9%
2024222

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.