HOUSTON AGENT MAGAZINE: HomesUSA: Spring ‘rebound’ incoming for Texas new-home sales

Houston Agent magazine logo


HomesUSA: Spring ‘rebound’ incoming for Texas new-home sales

by Emily Marek

New-home sales decreased across Texas last month, according to the latest report from HomesUSA CEO Ben Caballero.

In Houston, there were 1,850 new-home sales in January, down from 1,933 in December. Pending listings increased, however, with 1,753 new-homes going under contract compared to 1,692 a month prior. Meanwhile, prices rose by 0.2%, with an average new-home price of $403,782.

“Spring will see a new-home sales rebound in Texas,” Caballero said in the report. “January was a ‘steady-as-she-goes’ month for Texas new home sales — because Texas is home to the largest new-home markets in the nation, stability is a good thing. Our new-home market in Texas remains healthy, and we should see it strengthening into the spring.”

Active listings remained relatively flat statewide, with Houston new-home inventory increasing from 11,934 properties in December to 12,016 properties in January, a reflection of the strong pace of construction in the Houston metro area. Active listings decreased marginally in all three of the other major Texas markets.

Interested? Call or Email Us

We are here to support your sales and marketing goals. We are happy to answer any questions you might have.

Ask us about receiving a FREE price comparison report analysis on your new home listings.

Connect With Us!



Equal Housing Opportunity