In-depth Real Estate Data: Communities

Richmond Plaza Research, Pricing, and Statistics

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

Units Sold:

10

Average Sold Price:

$290,008

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

51

Richmond Plaza offers a diverse selection of homes, with four properties currently for sale. Prices range from $79,900 to $760,000, and homes vary in size from 554 to 2,480 sq ft. This community features spacious lots averaging 54,165 sq ft, making it an attractive option for buyers seeking both value and space.

Sold Listings

10

Average Selling Price

$290,008

Typical Selling Price

$2k to $541k

Homes Sold per Price Range

A visual sold price spectrum representation

$825to$228k$228kto$456k$456kto$684k$684kto$911k$911kto$1.1M
2024722

Average Sold Price per Sq Ft

Typical Sold Price per Sq Ft

to

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$57$57to$114$114to$170$170to$226$226to$282
20245114

Average Days to Sell

51

Typical Days to Sell

16 to 56

Days on the Market Distribution

The number of homes sold in each DOM range

1to3737to7373to109109to145145to181
20244412

Average Price Reduction

2%

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.)

0%to1%1%to3%3%to4%4%to6%6%to7%7%to8%
202411223

Average Discount from Original List

5%

Typical Sold Discount from Original List

1% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to4%4%to7%7%to11%11%to15%15%to18%
20245312

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

0%to3%3%to6%6%to9%9%to11%11%to14%
2024632

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.