Fewer Texas homes sold for $1 million or more from November 2022 through October 2023 than the previous year, according to a report released by Texas REALTORS® in December. Total sales of million-dollar properties in the state dropped from 13,985 to 11,780 statewide.
October 2022 | October 2023 | |
Price per square foot | $423 | $409 |
Months of inventory | 4.7 months | 7.5 months |
The full report, which includes statewide data as well as market stats for Austin, Dallas, Houston, and San Antonio, can be found at 3588612.com/research.