HomesUSA.com reports active listings surge, Days on Market jumps
New home sales across Texas softened last month, with total sales down 2 percent from September as statewide inventory posted a record high, up nearly 16 percent from October 2024. According to the latest new home sales report from HomesUSA.com and its founder and CEO, Ben Caballero, San Antonio posted a small monthly sales gain.
The HomesUSA.com Texas New Home Sales Report uses Multiple Listing Service data – the most comprehensive, current, and accurate information – from the REALTOR® Associations of North Texas, Houston, Austin, and San Antonio. All averages are based on three-month rolling averages to capture seasonality and remove anomalies.
New home sales across Texas declined in October to 5,430 from 5,564 in September and 5,725 in October 2024. Houston led all markets with 1,975 sales, down from 2,005 the previous month. San Antonio sales posted a monthly increase, rising to 884 from 879.
“What we are seeing in Texas is exactly what I’ve been predicting, as inventory is up 16 percent with sales down 5 percent year-over-year, but prices holding firm for four straight months,” said Ben Caballero, CEO of HomesUSA.com and the nation’s top-ranked real estate agent.
“Builders price discipline tells you they aren’t panicking. When mortgage rates improve in 2026 – as many economists are predicting – this inventory will help Texas builders be ready for any surge in buyer activity. That interest rate switch can flip faster than most people think,” Caballero added.
Active listings statewide climbed to 37,909 in October, up from 37,323 the previous month. That’s a jump in inventory of over 5,000 additional new homes on the market compared to 32,780 active listings October 2024. Houston continued to lead the state with 16,837 active listings, up from 16,188 in September.
That elevated inventory is contributing to softer forward-looking activity. Pending sales, a measure of future sales in the state’s four largest metros, declined for the fifth straight month to 5,873, down from 6,189 in September. Austin, Dallas-Ft. Worth, and Houston all recorded lower pending sales month-over-month, but San Antonio posted an increase to 881 versus 842.
Average new home prices in Texas overall were flat at $428,309 in October versus $428,433 in September. Year-over-year prices were also flat, posting $428,101 in October 2024.
Austin continues to have the highest average price at $502,332, up from $497,422, while San Antonio remained the most affordable major new homes market at $347,056, down from $358,853 in September.
HomesUSA.com is releasing its Texas New Home Sales Report and New Home Sales Index ahead of the U.S. Commerce Department’s New Residential Sales Report for October, scheduled for Wednesday, November 26, 2025, at 10:00 a.m. Eastern time.
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