By the Numbers
Looking ahead, Cotality expects the median price of a home to rise 0.9% through September 2027.
A majority of those units — 4,059 — are located in Fort Worth, followed by Dallas proper at 4,015.
Luxury estates in Highland Park, Westlake, Houston, Dallas, Sugar Land, Horseshoe Bay and The Woodlands make up the 10 most expensive new listings in the Lone Star State.
In Dallas, home prices fell 0.79% both year over year and month over month in August.
Prices decreased in the state’s four major metros — but increased in 15 of the state’s 26 markets, Texas REALTORS® said.
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.
