In-depth Real Estate Data: Communities

Reserve in Memorial Research, Pricing, and Statistics

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

Units Sold:

5

Average Sold Price:

$873,920

Average Sold Discount:

5%

Average Price Reduction:

3%

Average DOM:

107

In the Memorial community, there are currently 11 homes for sale, with prices ranging from $799,000 to $938,900. The average list price is $838,126, and homes typically offer 3 bedrooms and average around 2,676 sq ft. With new builds from Empire Communities and Sullivan Brothers Builders, it's a great time to explore your options!

Active Listings

11

Average List Price

$838,126

Typical List Price

$799k to $879k

Homes Listed per Price Range

A visual list price spectrum representation

$700kto$748k$748kto$796k$796kto$843k$843kto$891k$891kto$939k
20241434

Sold Listings

5

Average Selling Price

$873,920

Typical Selling Price

$765k to $965k

Homes Sold per Price Range

A visual sold price spectrum representation

$750kto$833k$833kto$916k$916kto$1000k
2024213

Average Sold Price per Sq Ft

$318

Typical Sold Price per Sq Ft

$293 to $356

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$232to$274$274to$316$316to$358
2024312

Average Days to Sell

107

Typical Days to Sell

25 to 150

Days on the Market Distribution

The number of homes sold in each DOM range

14to104104to194194to284
2024312

Average Price Reduction

3%

Typical Price Reduction

0% to 4%

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.)

-3%to0%0%to4%4%to8%8%to11%11%to15%15%to18%
20241222112

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-3%to4%4%to11%11%to18%
2024222

Average Discount from Last List

2%

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

0%to2%2%to4%4%to6%
202433

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.