![]() ![]() ![]() “As builders’ costs keep increasing, demand is still exerting upward pressure on new-home prices, setting records in three of Texas’ four largest new-home markets last month, including Houston. “Builders are clearly improving inventory, as Houston new-home sales continue to defy conventional wisdom with persistent strength,” said Ben Caballero, CEO of. New-home sales picked up in May as the three-month moving average for days-on-market was 68.14, down from 73.40 in April. The average price of a new home in Houston increased from $414,058 to $416,787, up 10% from May 2021. The report, which includes findings for Houston, Dallas-Fort Worth, Austin and San Antonio, is based on data from the Houston Association of REALTORS®, North Texas Real Estate Information Systems, Austin Board of REALTORS® and San Antonio Board of REALTORS®. The three-month moving average for May showed signs of housing supply improvement, with new-home MLS listings increasing to 7,373 from 7,208 in April. The New Home Sales Index also reported good news for potential buyers. The three-month moving average of Houston new-home sales shows sales listed in the Multiple Listing Service (MLS) in May increased month over month from 1,775 to 1,797. Difference Since May 2022 + 3,837 ( + 0.8) Key Takeaway Homes in Leander have sold for 0.8 more than they did a year ago. New homes sold faster and at a higher average price than the previous month, according to a new report. 235/sqft Based on all homes sold in the last 12 months. Collections Sortly home inventory software features. Moving Collections Catalog and organize your valuables collections. View all Austin new construction single-family homes. Major industry leaders like Perry Homes and talented local builders will elevate your quality of life in Austin. Organizing Moving Simplify your home move with Sortly. With a broad inventory with nearly 2,233 spec homes for sale, you’re sure to find a quick move-in home that checks off your wants and needs list. Organizing Use Sortly to organize the belongings in your home or in storage. Houston’s new-home sales defied inventory challenges and rose for the fourth straight month in May. Browse Sortly’s home inventory tracking solutions. ![]()
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