Read the November 15th Allmanac for the latest news in Dallas real estate!

DFW: So far this year, almost 1,400 million-dollar homes have sold in Dallas-Fort Worth. Since North Texas housing values are at record levels, more properties make it into the million-dollar category. says in Silicon Valley’s San Jose market, more than 56% of houses sell above the million dollar mark. And in San Francisco, million dollar properties comprise more than 42% of transactions. Dallas ranks 21st among major U.S. markets with the most million-dollar homes, with 2% of local housing valued above a million. Austin had the largest share of million-dollar homes in Texas and ranked nationally at #11. Lendingtree analysts said only 5.86% of owner occupied homes in the nation’s 50-largest metro areas are valued over $1 million. At the end of September, about 1,500 million-dollar homes were listed for sale by real estate agents in the North Texas market.