In-depth Real Estate Data: Local Markets

Sterling Lakes-Meridiana Research, Pricing, and Statistics

From March 25th, 2024 through September 21st, 2024

Units Sold:

299

Average Sold Price:

$416,376

Average Sold Discount:

4%

Average Price Reduction:

2%

Average DOM:

114

The Sterling Lakes-Meridiana market offers a diverse selection of homes, with 443 active listings ranging from $215,000 to $979,990. The average home size is 2,367 sq ft, and properties typically feature 3 to 4 bedrooms. With new builds available from top builders like Perry and Lennar, it's a great time to explore buying or selling in this vibrant community!

Active Listings

447

Average List Price

$436,952

Typical List Price

$340k to $489k

Homes Listed per Price Range

A visual list price spectrum representation

$215kto$279k$279kto$344k$344kto$408k$408kto$472k$472kto$536k$536kto$601k$601kto$665k$665kto$729k$729kto$793k$793kto$858k$858kto$922k$922kto$986k$986kto$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
202433881167551292310104432

Sold Listings

299

Average Selling Price

$416,376

Typical Selling Price

$327k to $472k

Homes Sold per Price Range

A visual sold price spectrum representation

$70kto$125k$125kto$180k$180kto$235k$235kto$290k$290kto$345k$345kto$400k$400kto$455k$455kto$510k$510kto$565k$565kto$620k$620kto$675k$675kto$730k$730kto$785k$785kto$840k$840kto$895k$895kto$950k$950kto$1.0M$1.0Mto$1.1M$1.1Mto$1.1M$1.1Mto$1.2M
2024114345463464214179641112

Average Sold Price per Sq Ft

$186

Typical Sold Price per Sq Ft

$169 to $203

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$84to$93$93to$102$102to$111$111to$120$120to$129$129to$138$138to$147$147to$156$156to$165$165to$175$175to$184$184to$193$193to$202$202to$211$211to$220$220to$229$229to$238$238to$247$247to$256$256to$265
202413571113183550553937108142

Average Days to Sell

114

Typical Days to Sell

26 to 160

Days on the Market Distribution

The number of homes sold in each DOM range

to4040to8080to120120to160160to200200to240240to281281to321321to361361to401401to441441to481481to521521to561561to601601to641641to681681to721721to742
202410067342423166664222121112

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.)

-28%to-25%-25%to-22%-22%to-19%-19%to-17%-17%to-14%-14%to-11%-11%to-8%-8%to-5%-5%to-3%-3%to0%0%to3%3%to6%6%to8%8%to11%11%to14%14%to17%17%to20%20%to22%22%to25%25%to28%
202411111750216415492442181412

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 7%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-35%to-32%-32%to-28%-28%to-24%-24%to-21%-21%to-17%-17%to-14%-14%to-10%-10%to-6%-6%to-3%-3%to1%1%to4%4%to8%8%to11%11%to15%15%to19%19%to22%22%to26%26%to29%29%to33%33%to37%
202421478896344131112

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

-40%to-36%-36%to-32%-32%to-28%-28%to-24%-24%to-21%-21%to-17%-17%to-13%-13%to-9%-9%to-5%-5%to-2%-2%to2%2%to6%6%to10%10%to14%14%to18%18%to21%21%to25%25%to29%29%to33%33%to37%
2024111113170852422

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.