The Steamboat Group Real Estate analyzed home ages in every state across the country and found that in Texas, 22.5% of all homes were built in the last 15 years.

Realtors added 4,246 properties to the MLS during the week, a 21% increase year over year. Meanwhile, closings increased 3.5% year over year, with 1,783 home sales.

Boutique brokerages are prominently featured on this month’s ranking of the 10 most expensive new listings in the Lone Star State.

May’s 1.8% monthly gain follows a 6.3% drop in April, the National Association of REALTORS® said. 

Sales increased by 6.9% month over month, with 2,342 new-homes sold in May, up from 2,191 in April. That was also up 11.9% year over year, from 2,091 in May 2024.

That increase was accompanied by a year-over-year inventory boost as new SFR listings jumped 17.1%.

The pace of home-price appreciation slowed to its most modest pace since 2023, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

The median-sales price for an existing home rose 1.3% year over year to $422,800. 

Nationally, home sales slid 3.5% year over year but rose 8.6% month over month, RE/MAX said. 

Buyers were willing to pay $1,597 more for a home with an olive-green kitchen, and navy-blue bedrooms boosted a home’s value by $1,815.

Homebuilder sentiment recently reached its third-lowest level since 2012. 

Active listings jumped 35% annually, with 37,455 homes on the market — the highest volume since September 2007.

Houston agents responsible for multiple transaction sides in the top 10 include Mike Mahlstedt and Laura Sweeney of Compass.

Buyers closed on 1,749 properties during the week, up from 1,630 closings during the same week in 2024. That was the seventh straight week of year-over-year increases, HAR said.

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record.