Are People Moving To Texas (2023)
Brent Wells January 15, 2023
Brent Wells January 15, 2023
This is the latest data I could find at the time of this post, but the order of the states will vary over time and circumstance.
In short, the impact to the Texas real estate market has been catastrophic. Primarily in the north DFW real estate market we had an influx of California cash and it caused uncontrolled price escalation and scarcity.
In 2019 the average Collin County home price was $377,993 and in 2022 it had risen to $618,892. Keep in mind, that is an average price for an existing home. New home prices shot up even faster and higher.
We had clients in the Prosper/Celina area experience $200k to $300k equity increases due to the escalating new construction home prices. We have seen a 4% average drop in home prices in the last 6 months. So our market is stable on pricing.
The $500 question is, will the migration stop or even slow down anytime soon. We believe the answer is no!
Families are drawn to Texas for affordable housing, tremendous job opportunities, great schools, safety, along with many other motivations. Texas is a warm and welcoming filled with neighborly people. If you need any help or information just reach out to one of our agents. We are happy to help.
Stay up to date on the latest real estate trends.
If you're not already familiar with the Celina story, the numbers speak for themselves.
EV-Ready Living. Light Farms offers electric car charging stations within the community.
Buying a new construction home is a fundamentally different process than buying a resale property.
You’re clearing multiple rooms, a garage, attic, shed, or light remodel debris.
You find yourself only using part of the house while the rest collects dust.
Keeping the same flooring throughout the main living areas helps create a smooth, cohesive flow.
Overpricing, even by a little, can cause a listing to sit stale — which often leads to price drops.
Every week I am visiting with many new homes sales associates and I am hearing a consistent story.
North Sky is a June 2025 favorite, with new contemporary homes featuring open layouts and smart tech.
We'd love to hear from you! Whether you're buying, selling, or just exploring your options, we're here to provide answers, insights, and the support you need. Contact us and start planning your next move.
