December 13, 2018 | TAR Staff Luxury home sales and dollar volume were up more than 10% year-over-year, according to the 2018 Texas Luxury Home Sales Report. The Texas Luxury Home Sales Report
Texas Luxury Home Sales Surge In 2018
December 13, 2018 | TAR Staff
Luxury home sales and dollar volume were up more than 10% year-over-year, according to the 2018 Texas Luxury Home Sales Report.
The Texas Luxury Home Sales Report examines the market for homes sold for $1 million or higher in the Austin, Dallas-Fort Worth, Houston, and San Antonio metropolitan statistical areas.
From October 2017 to November 2018, 5,123 Texas homes sold for more than $1 million, an increase of 11.5% over the previous year. The dollar volume of Texas luxury home sales was $8,361,918,994 in the same period, an 11.3% increase. Homes sold for more than $1 million made up 8.5% of all sales dollar volume during the same span.
“Similar to other price ranges of the Texas housing market, luxury home sales are being driven by a thriving economy and an influx of out-of-state buyers moving to Texas,” said Kaki Lybbert, chairman of Texas REALTORS®.
~Experience the GroupWatson Difference~
Call or Email Today!
*GROUPWATSON'S FEATURED LISTING OF THE WEEK*
6613 Westway Drive, The Colony TX 75056
Lake front lot, ready to build your custom luxury home!
*Bathroom in photo is from Budz Custom Homes budzcustomhomes.com
With a background in marketing and journalism, Lisa Ellard is well-equipped to offer each of her clients savvy business advice, while always keeping their lifestyle needs a priority. She is a detail-....