A $20 million estate spanning over 17,000 square feet in the River Oaks area was the most expensive home sold in greater Houston last month.

A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.

Agents from Douglas Elliman Real Estate listed the two Houston-area properties that sold for the highest prices last month.

Texas home sales dipped in 2023, according to the 2023 Texas Real Estate Year in Review report from Texas REALTORS®.

Roughly 2.8 million millennials moved across state lines in 2022 — and a huge chunk of them moved into Texas, according to a report from StorageCafe.

Two of the most expensive new listings in the Lone Star State come from Gary Dolch, an agent with COMPASS RE Texas.

Single homebuyers need an extra 10 years to save for homeownership compared to couples in a majority of Texas’ largest cities, according to a report from Point2Homes.

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

Homes in the luxurious River Oaks neighborhood make up many of the most expensive greater Houston home sales from January.

The most affordable neighborhood in the Houston area is Kingwood (77345), where the median home costs 2.69 times the median annual salary.

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Agents from Allie Beth Allman & Associates are responsible for three of the top 10 most expensive new listings in Dallas this past month.

Declining interest rates spurred the increase.