By the Numbers
A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.
The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.
Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.
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.
The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.
The Dallas-Fort Worth metropolitan area ranks as one of the best places in the country for first-time homebuyers, according to a report from Creditnews.
Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.
Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020.
Agents from Allie Beth Allman & Associates are responsible for three of the top 10 most expensive new listings in Dallas this past month.
Declining interest rates spurred the increase.
At the same time, the median sales price rose 4.4% to $382,600.
The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
CoreLogic expects prices to continue to grow through the year.