NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.

Home-purchase activity remained elevated from 2024, but a cloudy economic outlook has deterred some would-be homebuyers. 

All but three communities on HAR’s list had prices lower than the area median average ($450,235).

Three of the most expensive new listings in Texas are located on the same street — West Friar Tuck Lane — in Houston.

Geographically, the only region to post a monthly increase in pending sales was the Northeast, where they rose 2.1%, according to NAR’s Pending Home Sales Index.

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

Sunterra, a Katy master-planned community from Land Tejas and Starwood Land, was the top-selling MPC in the area — and in Texas — with 543 new-home sales from January through June.

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

At the same time, the pace of existing-home sales declined from May’s level. 

Statewide, the median home price decreased 1.4% year over year to $340,000. Amid that increased affordability, closed home sales also increased 1.4% year over year with 95,264 closings.

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

West University Place and Bellaire ranked among the nation’s top suburbs based on median household income, home values and other economic indicators.

All homes were sold during the month of June. Note that listing prices may differ from actual sales prices.

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.