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

Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings. 

The move was an improvement over July, but sentiment still remained in negative territory. 

This month, we’re taking a look at the priciest home sales on or near Lake Ray Hubbard.

PMI — which protects lenders on mortgage loans where the down payment is less than 20% and as low as 3% — allowed Texas buyers to save an average of $51,645 at closing in 2025.

Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027. 

Approximately 64% of households in the state are cost-prohibited from owning a median-priced home — that equates to about 7 million families, researchers said.

With strong sales in six Dallas-Fort Worth-area communities, the metro accounted for 8% of all sales in RCLCO’s Top 50.

Texas’ most expensive new listing is a nearly $24 million estate in the Dallas suburb of Westlake.

Nationally, home-price growth topped 1% for the first time in 2026.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

Given Texas’ average home size, buyers in the state pay an average price per square foot of $210.

The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.

The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance. 

The median sales price of a home hit an all-time high of $440,600. 

Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.