In-depth Real Estate Data: Communities

Merkels Research, Pricing, and Statistics

From May 22nd, 2024 through November 18th, 2024

Units Sold:

6

Average Sold Price:

$127,073

Average Sold Discount:

7%

Average Price Reduction:

5%

Average DOM:

65

The Merkels community offers a variety of homes for sale, with six listings currently available. Prices range from $299,999 to $524,900, with an average list price of $404,648. Homes typically feature 2 to 3 bedrooms and sizes between 1,152 and 2,220 sq ft, making it an appealing choice for buyers looking for diverse options.

Active Listings

6

Average List Price

$404,648

Typical List Price

$366k to $444k

Homes Listed per Price Range

A visual list price spectrum representation

$300kto$375k$375kto$450k$450kto$525k
2024223

Sold Listings

6

Average Selling Price

$127,073

Typical Selling Price

$2k to $243k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$103k$103kto$205k$205kto$307k
2024313

Average Sold Price per Sq Ft

$241

Typical Sold Price per Sq Ft

$228 to $261

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$2to$101$101to$200$200to$299
2024312

Average Days to Sell

65

Typical Days to Sell

30 to 92

Days on the Market Distribution

The number of homes sold in each DOM range

9to6262to115115to168
2024412

Average Price Reduction

5%

Typical Price Reduction

0% to 6%

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%to4%4%to8%8%to13%13%to17%17%to21%
20247412

Average Discount from Original List

7%

Typical Sold Discount from Original List

1% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to7%7%to14%14%to21%
2024412

Average Discount from Last List

0%

Typical Sold Discount from Last List

0% to 2%

Negotiated Disocunts from Final List Price

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

-7%to-3%-3%to1%1%to5%
2024133

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.