Across Texas, Mid-Q3 new home sales totaled 5.7K, down ~7% MoM and ~3% yearly, even as statewide selling times improved for a fourth straight month.
The statewide market index showed avg. Days on Market fell to 109 from 112 in Early-Q3, though homes still took slightly longer to sell yearly.
Texas avg. new home price held near $424K in Mid-Q3, while the avg. sales-to-list price ratio improved to ~98%, signaling steady pricing.
The pattern matched an expected seasonal retreat in demand, with lower sales and pending sales making inventory and pricing management more important statewide.
Active listings reached 37K in Mid-Q3, up slightly from Early-Q3 and yearly, keeping inventory elevated and giving Texas buyers broader statewide choices.
