In-depth Real Estate Data: Communities

Riviera East Research, Pricing, and Statistics

From May 23rd, 2024 through November 19th, 2024

Units Sold:

8

Average Sold Price:

$176,219

Average Sold Discount:

8%

Average Price Reduction:

3%

Average DOM:

17

Riviera East offers a diverse selection of homes, with 8 properties currently for sale. The average list price is $248,562, and homes range from 1,359 to 3,218 sq ft. Lot sizes average 8,663 sq ft, providing ample outdoor space. With homes built between 1978 and 1980, this community blends charm and modern living.

Active Listings

8

Average List Price

$248,562

Typical List Price

$228k to $260k

Homes Listed per Price Range

A visual list price spectrum representation

$155kto$220k$220kto$285k$285kto$350k
2024153

Sold Listings

8

Average Selling Price

$176,219

Typical Selling Price

$141k to $239k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$84k$84kto$167k$167kto$250k
2024216

Average Sold Price per Sq Ft

$143

Typical Sold Price per Sq Ft

$124 to $152

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$54$54to$106$106to$159
202427

Average Days to Sell

17

Typical Days to Sell

5 to 21

Days on the Market Distribution

The number of homes sold in each DOM range

to2222to4444to66
2024612

Average Price Reduction

3%

Typical Price Reduction

0% to 5%

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%to5%5%to11%11%to16%16%to21%21%to27%27%to32%
202420422

Average Discount from Original List

8%

Typical Sold Discount from Original List

2% to 11%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-4%to7%7%to18%18%to29%
2024522

Average Discount from Last List

2%

Typical Sold Discount from Last List

-1% to 2%

Negotiated Disocunts from Final List Price

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

-5%to3%3%to10%10%to18%
2024612

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.