By the Numbers
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At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
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A majority of the most expensive new listings in Texas are located in the Dallas area, although the priciest new listing is located in Manor, an Austin suburb.
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On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C.
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The median existing-home price for all housing types in December rose 6% from its year-ago level.
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Frisco and McKinney are the U.S. cities that have added the most housing inventory since 2005, according to a report from StorageCafe.
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Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.
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These were the 10 most expensive sales in the Dallas-Fort Worth area in December. Note that listing prices may differ from actual sales prices.
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Thirty-five percent of all master-planned community sales last year were in Texas, according to RCLCO Real Estate Consulting.
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Compass agents listed four of the 10 most expensive listings in Texas this past month, with properties in Dallas, Highland Park, Fort Worth and Houston.
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In its last reading before the end of the year, the National Association of REALTORS® Pending Home Sales Index posted its fourth consecutive monthly increase in November.
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The median-sales price slid from $425,600 in October to $402,600 last month.
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The year-over-year increase of 6.1% is the greatest since June 2021, according to the association.
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More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.
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Fort Worth is the 59th-priciest rental market in the country, according to Zumper’s November National Rent Report.
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A $20 million estate in Westlake tops the list of the 10 most expensive new listings in Texas.
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Despite the new record in September, the rate of increase continues to slow.