While the overall new home price average among the four largest Texas markets was slightly lower in September than in August, prices are stabilizing. In Texas' top four markets, last month's 3-month moving average new home price was $458,814 versus $460,060 in August. Dallas-Ft. Worth's latest home price last month was $500,200 versus $500,320 in August. Houston's average new home price last month of $423,024 versus $424,368 was also slightly lower. Last month, Austin's average new home price was $534,676 versus $539,095 in August.
While the overall new home price average among the four largest Texas markets was slightly lower in September than in August, prices are stabilizing. In Texas' top four markets, last month's 3-month moving average new home price was $458,814 versus $460,060 in August. Dallas-Ft. Worth's latest home price last month was $500,200 versus $500,320 in August. Houston's average new home price last month of $423,024 versus $424,368 was also slightly lower. Last month, Austin's average new home price was $534,676 versus $539,095 in August.