Slow Decline in New Home Sales Across Texas, Including in the Houston Metro Area
A new statewide real estate report has shown a slow decline in new home sales across Texas, including in the Houston metro area.
Houston Sees Most New Homes Sold in January
The latest New Home Sales Index by HomesUSA.com discovered that Houston saw the most new homes sold in January out of the four biggest metros in Texas, despite being in an overall sales slump compared to December 2024. The three-month moving average of new home sales in the metro was 2,046 last month, versus 2,184 sales in December.
Housing Prices Decline in January
Housing prices also declined in January, with the average new home in Houston dropping to $395,515. That’s about $6,200 less than the average price in December, which came out to $401,678. While these declines may seem atypical, a sales slump is actually normal during the winter season, according to HomesUSA founder and CEO Ben Caballero.
Active New Home Listings Flatten in January
Active new home listings in Houston flattened from December to January, with 13,127 active listings on the market last month.
New Home Sales in January throughout Texas
The report found new home sales dropped not only in Houston, but also in Austin, San Antonio, and Dallas-Fort Worth.
Dallas-Fort Worth: Second-Highest Sales
Dallas-Fort Worth’s three-month moving average of new home sales was the second-highest out of all four metros with 1,847 sales made in January, but that figure technically decreased by 43 homes from December.
San Antonio and Austin: Fewer Sales
San Antonio saw 67 fewer homes sold from December to January, totaling 1,008 sales last month. Austin the fewest new homes sold last month out of the four major Texas metros: At 809 homes sold.
January Sales Slump Normal in Austin
"January sales are often lower than December in Austin as builders push hard to close the year with as many sales as possible, as I mentioned in last month’s report," Caballero said. "Austin builders were offering discounts, buyer incentives, and Realtor bonuses for December closings. A slower January is not unusual for that reason."
Prices Vary Across Metros
January housing prices fell in San Antonio to an average $337,414, and Austin’s average new home price fell to $483,056. However, this wasn’t the case in Dallas-Fort Worth, where prices increased by nearly $2,600 to $496,498 last month.
Conclusion
The new home sales index for January 2025 by HomesUSA.com shows a slow decline in new home sales across Texas, with Houston seeing the most new homes sold. While there were some decreases in sales and prices, a sales slump is normal during the winter season, according to Ben Caballero, founder and CEO of HomesUSA.
Frequently Asked Questions
Q: What was the three-month moving average of new home sales in the Houston metro area in January?
A: 2,046
Q: What was the average price of new homes in Houston in January?
A: $395,515
Q: Did Houston see an increase or decrease in new home sales compared to December 2024?
A: A decrease
Q: Which metro saw the fewest new homes sold in January?
A: Austin
Q: What was the average price of new homes in San Antonio in January?
A: $337,414
Q: Did Dallas-Fort Worth see an increase or decrease in new home sales compared to December 2024?
A: A decrease
