HAUTE PROPERTIES

Luxury home sales in San Antonio brought in $1.1 billion in 2025

15 Paseo Valencia, San Antonio luxury home for sale

This home at 15 Paseo Valencia in San Antonio's The Dominion neighborhood is on the market for $4.4 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 the San Antonio-New Braunfels metro crossed the $1 billion mark with its own luxury home sales.

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 the San Antonio metro made up 5 percent of all luxury home sale transactions in Texas during the 12-month period, the report found. The total sales dollar volume of San Antonio-area homes that sold for $1 million or more added up to about $1.1 billion last year, or about $94.2 million more than it did during the previous period from November 2023 to October 2024.

In all, 736 million-dollar homes were sold in the San Antonio region at an average price of $352 per square foot. For comparison, the average price per square foot for all residential homes in the metro was $173.

Both figures are lower than 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.

Additionally, the median closing price for a luxury home in San Antonio added up to just over $1.3 million.

High-end homes in San Antonio are also more than twice the size of the typical residential home in the metro. A million-dollar home in San Antonio-New Braunfels spanned 4,166 square feet, compared to 1,930 median square feet for all residential homes.

"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, Dallas-Fort Worth Arlington saw the No. 1 highest share of million-dollar home sales in Texas, at 38 percent, followed by Houston-Pasadena-The Woodlands (27 percent), Austin-Round Rock-San Marcos (19 percent), and the rest of Texas (11 percent).

housing market million dollar homes luxury real estate texas realtors san antonio new braunfels

on the move

San Antonio was a top destination for movers in 2025, U-Haul says

Photo by Dan Williams on Unsplash

undefined

San Antonio was one of the top 25 destinations for people on the move in 2025, according to a new migration report from U-Haul.

The San Antonio metro ranked No. 21 nationally in U-Haul's 2025 list of the top growth metros.

U-Haul's annual Top U.S. Growth Metros and Cities report is based on how many one-way transactions were made by do-it-yourself movers using a U-Haul truck, trailer, or U-Box moving container across the U.S. and Canada. According to the study's methodology, more than 2.5 million one-way moves took place in North America in 2025.

Dallas, Houston, and Austin, respectively, claimed the top three spots as the top growth metros in the U.S. This is the second year in a row Dallas-Fort Worth has remained at the top of the list. Austin previously ranked No. 5 in 2024, and Houston appeared in 9th place.

Additionally, Texas reclaimed the No. 1 spot as U-Haul's Top Growth State in 2025, which was held by South Carolina in 2024.

"U-Haul customers arriving in Texas accounted for 50.7 percent of all one-way traffic in and out of the state last year (49.3 percent leaving)," the report said. "Compared to 2024, customers coming to Texas rose 3 percent [year-over-year] while departures rose just 1 percent [year-over-year]."

The report also revealed that South Texas is rapidly trending as a top destination for movers: The Rio Grande Valley cities of Brownsville and McAllen ranked as the 10th most-moved-to metro in 2025.

Two booming Central Texas cities outside San Antonio also appeared in U-Haul's separate list of the top growth cities: Seguin (No. 14) and New Braunfels (No. 15).

"We continue to find that life circumstances — marriage, children, a death in the family, college, jobs, and other events — dictate the need for most moves," said U-Haul International president John "J.T." Taylor. "But other factors can be important to people who are looking to change their surroundings. In-migration states are often appealing to those customers."

The top 10 growth metros in 2025 are:

No. 1 – Dallas-Fort Worth, Texas
No. 2 – Houston, Texas
No. 3 – Austin, Texas
No. 4 – Charlotte, North Carolina
No. 5 – Phoenix, Arizona
No. 6 – Nashville, Tennessee
No. 7 – Charleston, South Carolina
No. 8 – Raleigh, North Carolina
No. 9 – Atlanta, Georgia
No. 10 – Brownsville & McAllen, Texas

moving population growth population reports migration uhaul