By the Numbers
Nationally, home sales slid 3.5% year over year but rose 8.6% month over month, RE/MAX said.
Homebuilder sentiment recently reached its third-lowest level since 2012.
Houston agents responsible for multiple transaction sides in the top 10 include Mike Mahlstedt and Laura Sweeney of Compass.
The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates.
The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool.
That’s good news for buyers, who have considerably more options than their counterparts in tighter markets on the East Coast.
The top four most expensive homes listed in Texas last month are located in the Dallas-Fort Worth Metroplex.
The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.4% in March, a slight decrease from the 4% annual gain measured in February.
Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said.
All 10 of greater Houston’s most expensive home sales last month were located in Houston proper, according to the Houston Association of REALTORS®.
The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
Home sales jumped 167.7% in Brookshire, with 83 sales during the first quarter. The community was previously unranked on HAR’s Q4 2024 list.
Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.
Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.
