New-Home Sales Slip In Just Released June Numbers
The median sales price of new houses sold in June 2023 was $415,400, while the average sales price was $494,700
The median sales price of new houses sold in June 2023 was $415,400, while the average sales price was $494,700
Year-over-year, new construction sales were up 20 percent compared to May 2022
Privately‐owned housing starts in May were up 21.7 percent compared to the month prior
Housing starts may have been on the rise last month but permitting for new projects were down
The median sales price of new houses sold nationally in October 2022 was $493,000
The U.S. Census Bureau reports August sales hit 685,000 units
Compared to July 2021, the new home market was down 29.6 percent
The city lost 54,813 people between July 2020-July 2021, leaving it with just 815,201 residents
Newly constructed homes for sale at of the month represented a 6.5 month supply
Permits and completions also increased month-to-month compared to October
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