Report: Texas luxury resi market sees $22.6B in sales

From November 2021 to October 2022, sales of Texas homes of $1 million or more jumped 17 percent from the same period a year prior, according to a report from Texas Realtors and the Texas Real Estate Research Center at Texas A&M University. Million-dollar home sales were significantly lower across San Antonio than the other major metros, but the Alamo City saw a 26 percent increase in the number of million-dollar homes sold compared to the previous year, higher than any other Texas city. In total, San Antonio saw 776 homes sold for a million dollars or more from November 2021 to October 2022, with an average price of $361 per square foot.

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