New-Home Sales Increased 1.5 Percent In January
The median national sales price of new houses sold last month was $420,700
The median national sales price of new houses sold last month was $420,700
Compared to December 2023, applications increased by 38 percent
The highest share of any quarter on record is 34.5 percent in the first quarter of 2022
The average sales price for new houses sold last month nationally was $514,000
New single-family home sales were up an estimated 3.7 percent last month
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
According to the U.S. Census Bureau, the median sales price of new houses sold last month was $438,200
Construction starts, however, were down 4.5 percent compared to the month prior
The average sales price was $543,600 in November
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