A four-bedroom, 4.5 bathroom mansion in River Oaks is the most expensive new listing in the Lone Star State.

The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.

When broken down by profession, Houston firefighters spend 118% of their income on homeownership, community and social service workers spend 74%, law enforcement officials spend 72%, educators spend 66%, healthcare workers spend 46% and lawyers spend 30%.

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

All homes were sold during March. Note that listing prices may differ from actual sales prices.

“Each interaction indicates buyer interest in that home, and listings with higher engagement levels tend to sell faster and at or above the list price,” Zillow Senior Economist Kara Ng explained.

Meanwhile, purchase applications showed their strongest increase in almost two months, rising 7% year over year.

These are the new Texas listings with the highest price tags. All properties were listed in the last month.

The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain. 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

The Bayou City is a perfect match for homeowners looking to downsize in their golden years, according to research from Mirador Living.

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

The two most expensive homes sold in greater Houston last month are located in Piney Point Village.

While Texas home sales remained steady year over year, buyers enjoyed more options in 2024, according to the Texas Real Estate Year in Review report from Texas REALTORS®.  The report showed that home sales inched up in 14 Texas

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said.