In-depth Real Estate Data: Communities

Memorial Northwest Research, Pricing, and Statistics

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

Units Sold:

28

Average Sold Price:

$396,071

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

48

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

41

Average List Price

$467,547

Typical List Price

$349k to $556k

Homes Listed per Price Range

A visual list price spectrum representation

$289kto$409k$409kto$529k$529kto$649k$649kto$769k$769kto$875k
202518101112

Sold Listings

28

Average Selling Price

$396,071

Typical Selling Price

$343k to $479k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$95k$95kto$188k$188kto$280k$280kto$373k$373kto$465k$465kto$558k$558kto$650k
2025137873

Average Sold Price per Sq Ft

$128

Typical Sold Price per Sq Ft

$117 to $140

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$23$23to$46$46to$68$68to$90$90to$113$113to$135$135to$157
2025112799

Average Days to Sell

48

Typical Days to Sell

14 to 51

Days on the Market Distribution

The number of homes sold in each DOM range

5to2727to5050to7272to9595to117117to140140to162162to162
202514622114

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%7%to8%8%to9%9%to11%11%to12%12%to13%
2025329333112

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

-1%to3%3%to7%7%to11%11%to15%15%to19%19%to23%23%to27%
2025147512

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

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

-1%to0%0%to2%2%to4%4%to6%6%to8%8%to9%9%to11%
202514252123

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.