How Texas ranks in the booming world of ultra-luxury real estate

Anyone who’s paid attention to Texas’ rapid recent growth won’t be surprised to hear that the Dallas, Austin, and Houston markets rank highly among the ultra-high-end real estate market.

Anyone who’s tracked the luxury boom during the pandemic won’t be surprised to learn that ultra-high-end real estate has continued to grow year over year in America. And anyone who’s paid attention to Texas’ rapid recent growth won’t be surprised to hear that the Dallas, Austin, and Houston markets rank highly among those markets.

With the recent release of Compass’ 2023 Ultra-Luxury Report, the national real estate broker has highlighted 23 thriving markets contributing to the year’s 1,560 $10 million-plus transactions. Palm Springs and Boston boomed while Manhattan was named the number one U.S. market. But cities like Boulder and Dallas also earned a callout — the latter actually saw a 100% increase in $10 million-plus sales over 2022.

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Source: Paper City

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