December 01, 2023

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 texasrealestate.com/research.