Luxury home sales in the state’s four largest metros reached $10.3 billion in sales volume, according to the 2020 Texas Luxury Homes Sales Report released today by 德州2021十大正规彩票app经纪人®.

有6,347 homes sold for $1 million or higher from 2019年11月 to 2020年10月 in the Austin, 达拉斯-沃斯堡, 休斯顿, and San Antonio metropolitan areas, 增加了23个.5% over the previous period to match the 23.8% increase in sales volume.

“One reason we’ve seen strong growth in luxury home sales despite the pandemic is that mortgage rates are so low,” said 2021 德州2021十大正规彩票app经纪人® Chairman Marvin Jolly. “买家 of high-end properties are finding they can buy more for their money, particularly when compared to many real estate markets in New York, 加州, 以及其他价格较高的地区.”

The median price for luxury homes slipped 0.7% to $1,360,000, while the average price per square foot rose 3.5% to $361. The average price per square foot for all residential sales in Texas was $139. Luxury homes spent an average of 86 days on the market from January to 2020年10月, a decrease of one day from the same period in 2019.

“买家 in the market for homes priced at $1 million and above will continue to have a good selection in most areas of Texas,乔利说。. “The features of luxury homes vary considerably from one property to another, though—from luxury condominiums and waterfront properties to homes with large acreage and guest quarters. REALTORS® have seen every type of home and can help 购房者 and 卖家 weigh all their options to make the best real estate decisions for them.”