The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

While affordability worsened for all Houston homebuyers in 2023, the affordability gap widened even more drastically for Black and Hispanic/Latino homebuyers.

Agents were hard at work selling the 10 most expensive homes in greater Houston last month, including a 17,192-square-foot estate originally listed for $14.8 million.

Certain Texas cities rank among the top in the country for large apartment sizes, according to a report from RentCafe.

Two of the 10 most expensive new listings in Texas are listed by Chad Barrett, an agent with Allie Beth Allman & Associates.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

In Houston, the Astrodome area is the most expensive: residents pay 46.88% of their yearly home payments in extra property fees.

At the same time, the median price of a new home sold in April declined as well. 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The priciest home sold in greater Houston last month is a 7,258-square-foot new build in the Southside area.

A majority of the most expensive new listings in Texas are located in the Dallas area.

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.