In-depth Real Estate Data: Communities

Memorial Northwest Research, Pricing, and Statistics

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

Units Sold:

53

Average Sold Price:

$339,792

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

47

Memorial Northwest offers a diverse range of homes for sale, with an average list price of $438,687. Properties typically range from 2,291 to 7,008 sq ft and feature lot sizes averaging 10,675 sq ft. With homes built between 1974 and 1988, this community is perfect for families seeking spacious living.

Active Listings

42

Average List Price

$438,687

Typical List Price

$346k to $511k

Homes Listed per Price Range

A visual list price spectrum representation

$227kto$322k$322kto$417k$417kto$512k$512kto$607k$607kto$702k$702kto$797k$797kto$875k
20247177642

Sold Listings

53

Average Selling Price

$339,792

Typical Selling Price

$300k to $440k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$77k$77kto$152k$152kto$227k$227kto$302k$302kto$376k$376kto$451k$451kto$526k$526kto$601k$601kto$676k$676kto$750k
20249151696323

Average Sold Price per Sq Ft

$124

Typical Sold Price per Sq Ft

$106 to $141

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$20$20to$39$39to$58$58to$77$77to$96$96to$115$115to$134$134to$153$153to$157
2024926121653

Average Days to Sell

47

Typical Days to Sell

9 to 48

Days on the Market Distribution

The number of homes sold in each DOM range

to2121to4242to6262to8383to104104to125125to145145to166166to187187to208208to228228to249249to270270to272
20242511821111112

Average Price Reduction

2%

Typical Price Reduction

0% to 2%

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.)

-5%to-3%-3%to-2%-2%to0%0%to2%2%to4%4%to6%6%to8%8%to10%10%to12%12%to13%13%to15%15%to17%17%to19%19%to21%21%to23%23%to25%25%to26%26%to28%28%to30%30%to32%
202412901086111222212

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

-11%to-7%-7%to-3%-3%to1%1%to5%5%to9%9%to13%13%to16%16%to20%20%to24%24%to27%
202424181093422

Average Discount from Last List

2%

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

-11%to-10%-10%to-8%-8%to-7%-7%to-5%-5%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to4%4%to6%6%to7%7%to9%9%to10%10%to12%12%to13%13%to15%15%to16%16%to18%18%to19%
20241132321751222112

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.