Good news for home buyers: the 3-month average new home price in the combined top four markets was flat in August and more than $27,000 lower than in August last year. Houston’s 3-month average home prices were lower month-over-month ($402,741 versus $404,253) and San Antonio was also lower ($340,755 versus $343,616). Austin’s average price was relatively flat ($494,920 versus $494,302) and Dallas-Ft. Worth once again posted a higher average sale price of $489,872 last month versus $487,347 in July.
Good news for home buyers: the 3-month average new home price in the combined top four markets was flat in August and more than $27,000 lower than in August last year. Houston’s 3-month average home prices were lower month-over-month ($402,741 versus $404,253) and San Antonio was also lower ($340,755 versus $343,616). Austin’s average price was relatively flat ($494,920 versus $494,302) and Dallas-Ft. Worth once again posted a higher average sale price of $489,872 last month versus $487,347 in July.