By the Numbers
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.
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.