In-depth Real Estate Data: Local Markets

Sterling Lakes-Meridiana Research, Pricing, and Statistics

From August 5th, 2024 through February 1st, 2025

Units Sold:

263

Average Sold Price:

$402,488

Average Sold Discount:

6%

Average Price Reduction:

2%

Average DOM:

95

The Sterling Lakes-Meridiana market offers a diverse range of homes, with 443 active listings priced from $234,900 to $959,990. Average home sizes are around 2,367 sq ft, and properties typically feature 3 to 4 bedrooms. With new constructions available from 2022 to 2024, it's a great time to explore buying or selling in this vibrant community!

Active Listings

446

Average List Price

$438,570

Typical List Price

$337k to $500k

Homes Listed per Price Range

A visual list price spectrum representation

$230kto$294k$294kto$357k$357kto$421k$421kto$484k$484kto$548k$548kto$611k$611kto$675k$675kto$738k$738kto$802k$802kto$865k$865kto$929k$929kto$992k$992kto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M$1.2Mto$1.2M$1.2Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.4M$1.4Mto$1.5M
202539113100713335261184322

Sold Listings

263

Average Selling Price

$402,488

Typical Selling Price

$331k to $485k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$62k$62kto$123k$123kto$183k$183kto$243k$243kto$304k$304kto$364k$364kto$425k$425kto$485k$485kto$545k$545kto$606k$606kto$666k$666kto$727k$727kto$787k$787kto$847k$847kto$908k$908kto$968k$968kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M
20252142552524327159282112

Average Sold Price per Sq Ft

$186

Typical Sold Price per Sq Ft

$169 to $202

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$18$18to$36$36to$54$54to$72$72to$90$90to$107$107to$125$125to$143$143to$161$161to$178$178to$196$196to$214$214to$232$232to$250$250to$267$267to$285$285to$303$303to$321$321to$338$338to$356
20251815203172682911212

Average Days to Sell

95

Typical Days to Sell

25 to 120

Days on the Market Distribution

The number of homes sold in each DOM range

to3636to7272to108108to144144to180180to216216to252252to288288to324324to360360to395395to431431to467467to503503to539539to575575to611611to647647to683683to719
2025895140431451523231212

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.)

-44%to-41%-41%to-38%-38%to-35%-35%to-32%-32%to-29%-29%to-26%-26%to-23%-23%to-20%-20%to-17%-17%to-14%-14%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to2%2%to5%5%to8%8%to11%11%to14%14%to17%
20251122113851198436239

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-35%to-32%-32%to-28%-28%to-25%-25%to-22%-22%to-18%-18%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to5%5%to9%9%to12%12%to16%16%to19%19%to22%22%to26%26%to29%29%to32%
2025116755355351295352

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-35%to-32%-32%to-29%-29%to-26%-26%to-23%-23%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to3%3%to6%6%to9%9%to12%12%to15%15%to18%18%to21%21%to25%25%to28%
20251111113266221225326

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.