The Texas new home market is showing some interesting movement this Mid-Q3. We saw 5,700 new home sales across the state—a slight dip of about 7% month-over-month and 3% year-over-year. Yet, what really stands out is that homes are selling faster for the fourth month in a row, with average Days on Market dropping to 109 from 112 earlier this quarter. Prices have remained steady, with the average new home price holding near $424,000 and the average sales-to-list price ratio improving to around 98%. This suggests sellers are achieving strong offers, even as the market enters its usual seasonal slowdown. Inventory remains elevated, with 37,000 active listings statewide, which gives buyers more choice than ever.
As someone who takes a data-driven approach to real estate throughout the DFW Metroplex—serving Dallas, Plano, Richardson, Garland, and beyond—I always keep a close eye on market shifts like these. For my clients, especially those in the Bangladeshi and Muslim communities seeking homes near Islamic schools or the EPIC Masjid, broad inventory and steady prices mean more options and negotiating power. Whether you’re buying, selling, or investing, staying informed on these trends helps ensure top-dollar results and exceptional value.
