North Texas New Homes Selling At A 41 Percent Premium Over Resale Homes

Dated: 10/21/2016

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Lisa Birdsong New Construction Specialist

The Dallas-Fort Worth market area is leading the nation in new home construction in 2016. The growth and strength of conditions is expected to continue in 2017, as North Texas draws more and more attention from corporations moving their headquarters to the area. 


But this growth is not without its frustrations, home buyers are seeing new homes prices at all-time high with no relief in sight. Interest rates, while still low today, are expected to rise early next year. However, the new construction pricing could be beneficial for sellers, as the gap widens between buying a new home or a resale home. 


"The price disparity between new and resale homes is the highest we've ever seen, with new construction selling at a 41% premium compared to existing home sales". - Jeff Myers, Dallas Builders Association, on North Texas housing market.


If you'd like more information about buying or selling real estate in North Texas, please contact us. We specialize in over seven counties and are prepared to help you capitalize on today's market conditions.

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Lisa Birdsong

Top 1% of Texas Real Estate Teams; McSam Realtor of the Year, 2016; Certified Residential Specialist, CRS D Best Realtor, 2016, 2017 Castle Hills Realtor Advisory Board, 2016; Windsong Ranch Real....

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