New Construction News
Amid decreased sales, the average new-home price decreased 2% month over month from $460,235 to $449,948.
Pricing for one-acre homesites starts at $550,000. Compass agent Angela Downes is serving as the marketing partner for the development.
In a rare housing market shift, newly built homes saw price reductions more frequently than existing homes in late 2025 for the first time in recent history, according to a new report from Realtor.com.
Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported.
Highland will offer homes on 50-foot lots priced from the high $500,000s. Floor plans range from 2,200 to 3,600 square feet.
Toll Brothers will build upon its existing new-home community at Creek Meadows West in Northlake with a new phase of development.
Upon full buildout, the project is projected to generate over $80 million in property taxes annually.
Set to open next spring, Toll Brothers at Landmark will feature one- and two-story home designs for 60-foot lots with three to six bedrooms, 2.5 to 6.5 bathrooms, and two- or three-car garages.
New homes in Dallas-Fort Worth took slightly longer to sell in September, with homes spending an average of 141.85 days on market, up from 132.65 days a month prior.
Designs range from 2,993 to 4,570 square feet with four to six bedrooms, three to six full bathrooms and two- or three-car garages.
Developers have implemented a “no short-term rental” rule for homeowners.
A sales center is open at 109 Sweet Tea Road.
Architectural style options include classic, Hill Country, modern farmhouse and transitional.
Homebuyers purchased 2,027 new homes during the month, down from 2,141 in July but up from 1,862 in August 2024.
The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022.
Brick, stone and siding exteriors are available. Pricing begins in the mid-$300,000s.
