According to a new HomesUSA.com report, Houston – once again – led the state in new home sales in August! For the third straight month, Houston posted higher sales volumes than the Dallas-Fort Worth market.
“The Houston new home sales market showed stability across the board and remains the state’s brightest star as the top new home sales market in Texas,” HomesUSA.com CEO Ben Caballero said in an announcement. “Houston homebuilders continue to show resiliency as overall sales remain strong.”
Total new home sales in the Houston area were up slightly last month to 1,432 in August from 1,423 total sales in July.
The Houston region’s average new home price reached $355,942 in August, up slightly from $355,773 in July. Houston area homes sold for $353,780 in August 2018.
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Source: The Houston Chronicle