In-depth Real Estate Data: Major Markets

Memorial Research, Pricing, and Statistics

From January 10th, 2025 through July 9th, 2025

Units Sold:

8

Average Sold Price:

$783,500

Average Sold Discount:

11%

Average Price Reduction:

2%

Average DOM:

109

The Memorial market area in Houston offers a diverse range of homes, with prices ranging from $485,000 to $1,850,000. With an average list price of $1,090,981 and home sizes averaging 2,943 sq ft, buyers can find spacious options. Currently, there are 741 homes for sale, making it a vibrant market for both buyers and sellers.

Active Listings

518

Average List Price

$1,068,013

Typical List Price

$218k to $899k

Homes Listed per Price Range

A visual list price spectrum representation

$81kto$1.2M$1.2Mto$2.3M$2.3Mto$3.4M$3.4Mto$4.6M$4.6Mto$5.7M$5.7Mto$6.8M$6.8Mto$7.9M$7.9Mto$9.0M$9.0Mto$10.2M$10.2Mto$11.3M$11.3Mto$12.4M$12.4Mto$13.5M$13.5Mto$14.7M$14.7Mto$15.8M$15.8Mto$16.9M$16.9Mto$18.0M$18.0Mto$19.1M$19.1Mto$20.3M$20.3Mto$21.4M$21.4Mto$22.5M
2025405532510684211112

Sold Listings

8

Average Selling Price

$783,500

Typical Selling Price

$216k to $799k

Homes Sold per Price Range

A visual sold price spectrum representation

$100kto$1.1M$1.1Mto$2.0M$2.0Mto$3.0M
2025612

Average Sold Price per Sq Ft

$266

Typical Sold Price per Sq Ft

$158 to $324

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$89to$239$239to$388$388to$538
2025612

Average Days to Sell

109

Typical Days to Sell

44 to 122

Days on the Market Distribution

The number of homes sold in each DOM range

38to125125to211211to298
2025612

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.)

-22%to-20%-20%to-17%-17%to-14%-14%to-11%-11%to-9%-9%to-6%-6%to-3%-3%to-1%-1%to2%2%to5%5%to8%8%to10%10%to13%13%to16%16%to18%18%to21%21%to24%24%to27%27%to29%29%to32%
2025151610530131684818154434

Average Discount from Original List

11%

Typical Sold Discount from Original List

6% to 14%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

5%to10%10%to16%16%to22%
2025432

Average Discount from Last List

8%

Typical Sold Discount from Last List

5% to 11%

Negotiated Disocunts from Final List Price

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

1%to7%7%to13%13%to19%
2025513

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.