Houston Home Builder

Lennar Homes Discounts, Pricing, and Statistics

#2Active listings#2Total market volume
From March 12th, 2024 through September 8th, 2024

Units Sold:

1,515

Average Sold Price:

$282,671

Average Sold Discount:

9%

Average Price Reduction:

2%

Average DOM:

20

Lennar Homes, the second-largest builder in Houston, offers a diverse selection of homes across several communities, including their most active listings in the $285k to $349k range. With homes averaging 1,963 sq ft and prices starting from $155,000 to $600,000, buyers can find options that fit various budgets and lifestyles.

Active Listings

489

Average List Price

$309,280

Typical List Price

$250k to $350k

Homes Listed per Price Range

A visual list price spectrum representation

$155kto$180k$180kto$206k$206kto$231k$231kto$257k$257kto$282k$282kto$307k$307kto$333k$333kto$358k$358kto$383k$383kto$409k$409kto$434k$434kto$460k$460kto$485k$485kto$510k$510kto$536k$536kto$561k$561kto$587k$587kto$600k
2024101749696868543627261424144343

Sold Listings

1,515

Average Selling Price

$282,671

Typical Selling Price

$235k to $318k

Homes Sold per Price Range

A visual sold price spectrum representation

$161kto$185k$185kto$208k$208kto$232k$232kto$256k$256kto$280k$280kto$303k$303kto$327k$327kto$351k$351kto$374k$374kto$398k$398kto$422k$422kto$445k$445kto$469k$469kto$493k$493kto$517k$517kto$540k$540kto$564k$564kto$588k$588kto$611k$611kto$635k
2024359321425721520617412262572328158142

Average Sold Price per Sq Ft

$160

Typical Sold Price per Sq Ft

$147 to $174

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$108to$115$115to$122$122to$128$128to$135$135to$141$141to$148$148to$155$155to$161$161to$168$168to$175$175to$181$181to$188$188to$194$194to$201$201to$208$208to$214$214to$221$221to$227$227to$234$234to$241
202416408314018219417715717813093574010626113

Average Days to Sell

20

Typical Days to Sell

6 to 27

Days on the Market Distribution

The number of homes sold in each DOM range

to1212to2424to3636to4747to5959to7171to8383to9595to107107to118119to130130to142142to154154to166166to178178to190190to201201to213213to225225to237
202467238420911361261611563221113

Average Price Reduction

2%

Typical Price Reduction

0% to 1%

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.)

-27%to-25%-25%to-22%-22%to-19%-19%to-16%-16%to-13%-13%to-10%-10%to-7%-7%to-4%-4%to-1%-1%to2%2%to5%5%to7%7%to10%10%to13%13%to16%16%to19%19%to22%22%to25%25%to28%28%to31%
202412237762,6421882491781068130211522

Average Discount from Original List

9%

Typical Sold Discount from Original List

6% to 12%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-43%to-39%-39%to-36%-36%to-32%-32%to-29%-29%to-25%-25%to-22%-22%to-18%-18%to-15%-15%to-11%-11%to-8%-8%to-4%-4%to-1%-1%to3%3%to6%6%to9%9%to13%13%to16%16%to20%20%to23%23%to27%
202421156428248839715977355

Average Discount from Last List

9%

Typical Sold Discount from Last List

6% to 12%

Negotiated Disocunts from Final List Price

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

-43%to-39%-39%to-36%-36%to-32%-32%to-29%-29%to-25%-25%to-22%-22%to-18%-18%to-15%-15%to-11%-11%to-8%-8%to-4%-4%to-1%-1%to3%3%to6%6%to10%10%to13%13%to17%17%to20%20%to24%24%to27%
20242111459830748836114272295

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.