Builder Community Research

Lennar Homes Balmoral

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.

Sold Listings

2

Average Selling Price

$317,500

Typical Selling Price

$304k to $331k

Homes Sold per Price Range

A visual sold price spectrum representation

$290kto$318k$318kto$345k
202412

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

$144to$147$147to$150
202412

Average Days to Sell

61

Typical Days to Sell

60 to 63

Days on the Market Distribution

The number of homes sold in each DOM range

58to6161to64
202412

Average Discount from Original List

13%

Typical Sold Discount from Original List

12% to 15%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

10%to13%13%to16%
202412

Average Discount from Last List

13%

Typical Sold Discount from Last List

12% to 15%

Negotiated Disocunts from Final List Price

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

10%to13%13%to16%
202412

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.