By the Numbers
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In Houston, the Astrodome area is the most expensive: residents pay 46.88% of their yearly home payments in extra property fees.
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At the same time, the median price of a new home sold in April declined as well.
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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.
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The priciest home sold in greater Houston last month is a 7,258-square-foot new build in the Southside area.
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A majority of the most expensive new listings in Texas are located in the Dallas area.
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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.
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A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.
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Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.
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The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.
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Agents from Douglas Elliman Real Estate listed the two Houston-area properties that sold for the highest prices last month.
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Texas home sales dipped in 2023, according to the 2023 Texas Real Estate Year in Review report from Texas REALTORS®.
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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.
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Two of the most expensive new listings in the Lone Star State come from Gary Dolch, an agent with COMPASS RE Texas.
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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.
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The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.
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Homes in the luxurious River Oaks neighborhood make up many of the most expensive greater Houston home sales from January.