Texas Realtors have recently issued a report that Dallas-Fort Worth leads Texas in the sale of million-dollar home sales.
The Dallas-Fort Worth area has experienced a 0.8% increase in the sale of homes priced at $1m or “luxury homes”. Among the metro areas in Texas examined from November 2018 – October 2019 Dallas-Fort Worth had the highest number of sales, with the luxury home sales accounting for $2.9bn and 8.8% of the area’s total home sales.
Real estate agents use an array of signage as well as items such as promotional Pens to advertise themselves as well as their listings.
By comparison, Austin’s luxury home sales grew by 14% year-over-year. This is the greatest increase among Texas’ metropolitan areas, and resulted in $1.7bn in sales. The luxury market in San Antonio realized a healthy 10.8% increase in sales, although that came from the sale of only 211 home sales totaling $319m.
Overall, the Lone Star State enjoyed a luxury home sales increase of 4.4% during the aforementioned timeframe. This reflected the 5,149 homes sold in the state at $1m or over. The sales total is up 5.1%, resulting in $8.3 billion in sales.
In Texas, according to the report, the median price for a luxury home is $1,375,000, and the average square foot price is $38 – more than three times the average for all Texas homes.
Get a Free Quote for Pens
