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    Hot Properties

    Dallas real estate market strong for first-time homebuyers

    Briggs Freeman Sotheby's
    May 30, 2013 | 10:44 am
    4519 Elsby in Dallas
    4519 Elsby Ave. is an updated cottage in the Park Cities. Listed by Becky Frey for $369,000.
    Photo courtesy of Briggs Freeman Sotheby's

    Historically low interest rates and reasonably priced properties make Dallas a very attractive home-buying market. With summer fast approaching, first-time homebuyers can beat the heat and begin their search for the perfect place to call home.

    The properties listed below can be found in popular neighborhoods with easy access to all that Dallas has to offer, from dining and shopping to the vibrant entertainment and social scene. Visit briggsfreeman.com to read in-depth descriptions of home features and see photos of the following properties:

    5202 Longview St.
    This home has an extremely spacious layout, with open-concept kitchen, dining nook and living area. A stylish exterior provides the perfect invitation to this updated home detailed with neutral tones. Listed by Sam Sawyer for $399,900.

    4519 Elsby Ave.
    This recently updated cottage style home offers the rare combination of privacy and accessibility to some of Dallas’ favorite spots, including Celebration Restaurant. Along with an oversized master and detached guest quarters, this property includes a two-car garage and greenhouse. Listed by Becky Frey for $369,000.

    5407 Glenwick Ln.
    Within walking distance of the popular Inwood Village, this conveniently located home offers an open floor plan with the kitchen perfectly situated between the breakfast and living areas. Spacious closets and an open master bath featuring built-in cabinetry make this home unique and desirable. Listed by Lisa Besserer for $419,000.

    3422 Westminster Ave. #4
    This tri-level, three-bedroom French country townhome is perfectly situated in University Park, near Snider Plaza, UP Elementary and the UP pool. A decorator’s dream with plantation shutters and tall ceilings throughout, this space offers plenty of room for personalization. The private baths of each room are perfect for your daily escape. Listed by Tessa Mosteller for $487,500.

    For more extraordinary homes, visit briggsfreeman.com. Also visit updatedallas.com for the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty.

    4519 Elsby Ave. is an updated cottage in the Park Cities. Listed by Becky Frey for $369,000.

    4519 Elsby in Dallas
    Photo courtesy of Briggs Freeman Sotheby's
    4519 Elsby Ave. is an updated cottage in the Park Cities. Listed by Becky Frey for $369,000.
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    luxury real estate

    Dallas-Fort Worth led Texas in sales of million-dollar homes in 2025

    Amber Heckler
    Jan 8, 2026 | 12:11 pm
    10316 Bel Aire Dr., Dallas
    Estately.com
    This home at 10316 Bel Aire Dr. in Dallas' Lake Highlands neighborhood is on the market for $1.1 million.

    A new luxury real estate report reveals Texas broke a record for the highest number of million-dollar homes sold from November 2024 to October 2025, and Dallas-Fort Worth boasted the largest share of million-dollar home sales statewide.

    A total of 14,418 Texas homes were sold for at least $1 million last year, generating a record-breaking $24.5 billion, according to Texas Realtors' 2025 Texas Sales of Million-Dollar Homes Report. The number of luxury home sales in the state soared 12 percent compared to the previous year.

    Million-dollar home sales in Dallas-Fort Worth-Arlington made up 38 percent of all luxury home sale transactions in Texas during the 12-month period, the report found. The total sales dollar volume of DFW homes that sold for $1 million or more added up to about $9.7 billion.

    Nearly 5,500 million-dollar homes were sold in the North Texas Metroplex at an average price of $402 per square foot. For comparison, the average price per square foot for all residential homes in Dallas-Fort Worth was $204.

    Both figures are not far from the statewide average, according to Texas Realtors.

    "The average price per square foot of $1 million+ homes increased to $423 from $418 last year and was more than double the $188 average price per square foot of all Texas homes," the report said.

    Dallas-Fort Worth luxury homes are also more than twice the size of the typical residential home in the region. A million-dollar home in DFW spanned 4,284 square feet, compared to 2,096 median square feet for all residential homes in the metro.

    "High-end homes continue to be a small but mighty segment of the market," said Texas Realtors chairman Jennifer Wauhob in a press release. "Texans remain confident in the value of these properties, whether they are drawn to outstanding amenities, prime locations, or both."

    Elsewhere in Texas, Houston-Pasadena-The Woodlands saw the second-highest share of million-dollar home sales in Texas, at 27 percent, followed by Austin-Round Rock-San Marcos (19 percent), the rest of Texas (11 percent), and San Antonio-New Braunfels (5 percent).

    housing marketmillion dollar homesluxury real estatetexas realtorsdallasfort wortharlington
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