Builder Community Research

M/I Homes Marvida

From November 2nd, 2024 through May 1st, 2025

Units Sold:

44

Average Sold Price:

$336,793

Average Sold Discount:

8%

Average Price Reduction:

4%

Average DOM:

118

M/I Homes, ranked #9 among Houston builders, offers a diverse selection of new homes across several communities, including those with the most active listings. Their homes average 2,046 sq ft and are priced from the low $230,000s to the high $660,000s, catering to a variety of budgets and preferences. With an average market time of 84 days, buyers can find a range of options to suit their needs.

Active Listings

6

Average List Price

$376,657

Typical List Price

$364k to $392k

Homes Listed per Price Range

A visual list price spectrum representation

$344kto$363k$363kto$382k$382kto$401k
2025214

Sold Listings

4

Average Selling Price

$356,831

Typical Selling Price

$338k to $370k

Homes Sold per Price Range

A visual sold price spectrum representation

$301kto$363k$363kto$426k
202532

Average Sold Price per Sq Ft

$191

Typical Sold Price per Sq Ft

$184 to $194

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$124to$160$160to$196
202523

Average Days to Sell

116

Typical Days to Sell

97 to 143

Days on the Market Distribution

The number of homes sold in each DOM range

70to108108to146
202523

Average Price Reduction

4%

Typical Price Reduction

0% to 6%

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%to3%3%to6%6%to9%
2025334

Average Discount from Original List

13%

Typical Sold Discount from Original List

8% to 14%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

7%to17%17%to28%
202532

Average Discount from Last List

9%

Typical Sold Discount from Last List

2% to 11%

Negotiated Disocunts from Final List Price

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

1%to13%13%to25%
202532

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.