Compass RE Texas agent John Zimmerman had a hand in five transaction sides on the September list of the 10 most expensive home sales in Fort Worth.

“A common phrase in real estate is that real estate is local, and it is becoming ever more evident as pockets of the region continue to experience tight inventory and increased median home prices and other areas are more stable,” said GFWAR President Shawn Buck.

Economists were expecting a monthly decline in the annual sales rate. 

All but one of the 10 most expensive new listings in the Lone Star State are located in the Dallas area.

S&P Dow Jones noted that although prices rose almost 2%, in real terms, they were down, thanks to inflation, which registered 3.4% in July. 

New-home inventory fell to its lowest level since December. 

The month-over-month bump in contract signings was still below the pace of last August. 

Our August ranking of the top 10 most expensive homes sales features properties located in Dallas proper.

In Dallas-Fort Worth, specifically, buyers who wait until the last week of September to buy stand to see 18.8% more active listings.

Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.

At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high. 

The increase in purchase activity offset a decrease in refinancings. 

Over the past year, more than 33% of rental listing page views in Dallas came from out-of-towners.

The Lone Star State’s top three priciest new listings are all located in Dallas.

The pace of home-price growth rose nationally but with significant regional differences.

Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.