{"id":117071,"date":"2026-01-09T17:49:06","date_gmt":"2026-01-09T17:49:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/117071\/"},"modified":"2026-01-09T17:49:06","modified_gmt":"2026-01-09T17:49:06","slug":"texas-sets-new-state-record-for-1m-home-sales","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/117071\/","title":{"rendered":"Texas sets new state record for $1M home sales"},"content":{"rendered":"<p>More million-dollar homes sold in Texas last year than ever before, according to a new <a href=\"https:\/\/www.texasrealestate.com\/about-us\/newsroom\/news-releases\/more-homes-in-texas-sold-for-1-million-than-ever-before\/\" target=\"_blank\" rel=\"nofollow noopener\">luxury report from Texas REALTORS\u00ae<\/a>.<\/p>\n<p>During the time period from November 2024 to October 2025, buyers in the Lone Star State purchased 14,418 homes priced $1 million or higher, marking a 12% year-over-year increase. That volume set a new record-setting for the state \u2014 as did the $24.5 billion dollar value associated with those sales.<\/p>\n<p>Furthermore, despite only making up 4.3% of statewide sales in 2025, $1 million-plus homes made up 17.2% of the state\u2019s total dollar volume.<\/p>\n<p>\u201cHigh-end homes continue to be a small but mighty segment of the market,\u201d <a href=\"https:\/\/houstonagentmagazine.com\/2023\/03\/08\/jennifer-wauhob-nar-2023-vice-president-of-association-affairs\/\" target=\"_blank\" rel=\"nofollow noopener\">Jennifer Wauhob<\/a>, chairman of Texas REALTORS\u00ae, said in a press release. \u201cTexans remain confident in the value of these properties, whether they are drawn to outstanding amenities, prime locations or both.\u201d<\/p>\n<p>Million-dollar home sales increased by at least 10% in all four of Texas\u2019s major metros, with the highest annual jump of 18% seen in Houston. Nearly 90% of all <a href=\"https:\/\/dfwagentmagazine.com\/slideshows\/10-most-expensive-new-listings-texas-22\/\" target=\"_blank\" rel=\"nofollow noopener\">$1 million-plus sales<\/a> occurred in those four metros, with Dallas-Fort Worth representing the largest share at 38%, followed by Houston at 27%, Austin at 19% and San Antonio at 5% (the rest of the state made up just 11%).<\/p>\n<p>The median closing price for $1 million-plus homes was $1,370,000, with the highest median of $1,421,560 seen in the Dallas-Fort Worth metro, followed by Houston at $1,385,000. The typical $1 million-plus home closed for 93% of its original list price \u2014 slightly higher in Houston, where the close-to-list price ratio was 94%.<\/p>\n<p>Statewide, the price-per-square foot increased from $418 to $423 \u2014 more than double the Texas average of $188 per square foot.<\/p>\n","protected":false},"excerpt":{"rendered":"More million-dollar homes sold in Texas last year than ever before, according to a new luxury report from&hellip;\n","protected":false},"author":2,"featured_media":117072,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[51455,56,58,57,50989,51456,6764,50940,51001,44995,50941],"class_list":["post-117071","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-dfw-real-estate","tag-houston","tag-houston-headlines","tag-houston-news","tag-houston-real-estate","tag-jennifer-wauhob","tag-luxury-real-estate","tag-million-dollar-homes","tag-sc","tag-texas-real-estate","tag-texas-realtors"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/117071","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=117071"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/117071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/117072"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=117071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=117071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=117071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}