By the Numbers
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.
The most expensive new listing in the Lone Star State carries a price tag of nearly $50 million.
These are the most expensive new listings in Texas, all added to the MLS in the past month.
RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.
The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.
The agent with the most $1 million-plus listings was Nancy Johnson of COMPASS RE Texas, who accomplished a sales volume of over $26 million across 21 transactions.
Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.
The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.
Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.