{"id":115232,"date":"2026-01-08T07:06:15","date_gmt":"2026-01-08T07:06:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/115232\/"},"modified":"2026-01-08T07:06:15","modified_gmt":"2026-01-08T07:06:15","slug":"affluent-home-buyers-propelled-texass-luxury-home-market-to-new-heights-last-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/115232\/","title":{"rendered":"Affluent Home Buyers Propelled Texas\u2019s Luxury-Home Market to New Heights Last Year"},"content":{"rendered":"<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\">Between November 2024 and last October, 14,418 homes sold for $1 million or more\u2014the most ever recorded in the Lone Star State, according to a report Wednesday from Texas Realtors.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Mansion Global Boutique: <a data-type=\"link\" href=\"https:\/\/www.mansionglobal.com\/boutique\/articles\/these-are-our-most-popular-articles-of-2025-83442785\" target=\"_blank\" rel=\"nofollow noopener\" class=\"ekxajjj0 css-1xedca9-OverridedLink\">These Are Our Most Popular Articles of 2025<\/a><\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Luxury-home sales collectively totaled $24.5 billion, also a record. The average price per square foot of $1 million-plus homes, meanwhile, increased to $423 from $418 during the prior 12 months and was more than double the $188 average price per square foot of all Texas homes.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">\u201cHigh-end homes continue to be a small but mighty segment of the market,\u201d Jennifer Wauhob, chairman of Texas Realtors, said in the report. \u201cTexans remain confident in the value of these properties, whether they are drawn to outstanding amenities, prime locations or both.\u201d\u00a0<\/p>\n<p class=\"body-ad-label css-1ayil5r\" data-testid=\"ad-container-label\">Advertisement &#8211; Scroll to Continue<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Just 4.3% of all homes sold in Texas during the 12-month period were priced at $1 million or more, but they accounted for 17.2% of the state-wide dollar sales volume\u2014an increase from 15.7% the previous year.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">The vast majority of high-end home sales\u2014almost 90% of them\u2014transacted in the state\u2019s four largest metro areas; Dallas, Houston, Austin and San Antonio. All four logged increases in their $1 million-plus home sales of at least 10%, with Houston seeing the largest jump with 18% more luxury sales than the prior year.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">But it was the Dallas metro area that boasted the largest share of million-dollar deals, accounting for 38% of those high-end transactions worth a combined $9.7 billion.\u00a0<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" data-testid=\"paragraph\" class=\"e152o6gh0 css-1hvarng-StyledParagraph\">Houston ranked second, home to 27% of such deals. Austin had the third-highest percentage of $1 million-plus sales with 19%, followed by San Antonio at 5%. The rest of the state accounted for the remaining 11% of deals.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Between November 2024 and last October, 14,418 homes sold for $1 million or more\u2014the most ever recorded in&hellip;\n","protected":false},"author":2,"featured_media":115233,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[132,15601,15621,15602,15622,16287,40862,40855,48844,490,1538,40856,40864,40857,56,40863,15587,15607,242,17748,50665,15588,15608,44332,50666,463,489,468,2447,111,40858,15603,465,50664,50667,473,27,29,28,464,15623],"class_list":["post-115232","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-austin","tag-content-type-content-type-article","tag-content-type_content-type-article","tag-credited-by-mansion-global","tag-credited_by_mansion_global","tag-economic-news","tag-economic-performance","tag-economic-performance-indicators","tag-estates","tag-general-news","tag-home-sales","tag-home-sales-housing-affordability-figures","tag-housing-affordability-figures","tag-housing-sales-figures","tag-houston","tag-indicators","tag-integration-apple-news","tag-integration_apple-news","tag-lifestyle","tag-living","tag-living-lifestyle","tag-location-market-texas","tag-location_market-texas","tag-luxury-homes","tag-luxury-homes-estates","tag-north-america","tag-political","tag-political-general-news","tag-property","tag-real-estate","tag-real-estate-markets","tag-real-estate-property","tag-southern-u-s","tag-subject-subject-market-reports","tag-subject_subject-market-reports","tag-synd","tag-texas","tag-texas-headlines","tag-texas-news","tag-united-states","tag-wsj-pro-mansion-global"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/115232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=115232"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/115232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/115233"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=115232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=115232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=115232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}