In-depth Real Estate Data: Communities

Memorial Parkway Research, Pricing, and Statistics

From May 28th, 2024 through November 24th, 2024

Units Sold:

77

Average Sold Price:

$199,150

Average Sold Discount:

3%

Average Price Reduction:

2%

Average DOM:

36

Memorial Parkway offers a vibrant real estate market with 21 homes for sale, featuring an average list price of $329,233. Homes range from 1,205 to 3,863 sq ft, with lot sizes averaging 7,986 sq ft. Properties typically have 3 to 4 bedrooms and spend 18 to 88 days on the market, making it a great time to buy or sell!

Active Listings

21

Average List Price

$329,233

Typical List Price

$310k to $340k

Homes Listed per Price Range

A visual list price spectrum representation

$245kto$275k$275kto$305k$305kto$335k$335kto$365k$365kto$395k$395kto$425k
2024148432

Sold Listings

77

Average Selling Price

$199,150

Typical Selling Price

$2k to $322k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$152k$152kto$302k$302kto$453k$453kto$495k
20242825214

Average Sold Price per Sq Ft

$150

Typical Sold Price per Sq Ft

$136 to $159

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$71$71to$141$141to$194
2024282228

Average Days to Sell

36

Typical Days to Sell

6 to 48

Days on the Market Distribution

The number of homes sold in each DOM range

1to2121to4040to6060to8080to100100to119119to139139to159159to179179to198198to218218to238238to256
2024457115131212

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.)

-10%to-8%-8%to-7%-7%to-6%-6%to-4%-4%to-3%-3%to-2%-2%to0%0%to1%1%to2%2%to4%4%to5%5%to6%6%to8%8%to9%9%to10%10%to12%12%to13%13%to14%14%to16%16%to17%
20241844765243213

Average Discount from Original List

3%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-15%to-12%-12%to-9%-9%to-6%-6%to-3%-3%to0%0%to3%3%to6%6%to9%9%to12%12%to15%15%to17%
2024111837612453

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

-15%to-14%-14%to-12%-12%to-11%-11%to-9%-9%to-8%-8%to-6%-6%to-5%-5%to-4%-4%to-2%-2%to-1%-1%to1%1%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to12%12%to13%
202414637835341123

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.