) The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for December 2023: New Home Sales – Sales of new single‐family houses in December 2023 were at a seasonally adjusted annual rate of 664,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.0 percent (±24.2 percent)* above the revised November rate of 615,000 and is 4.4 percent (±20.6 percent)* above the December 2022 estimate of 636,000. An estimated 668,000 new homes were sold in 2023. This is 4.2 percent (±5.2 percent)* above the 2022 figure of 641,000. Sales Price – The median sales price of new houses sold in December 2023 was $413,200. The average sales price was $487,300. For Sale Inventory and Months’ Supply – The seasonally‐adjusted estimate of new houses for sale at the end of December was 453,000. This represents a supply of 8.2 months at the current sales rate.
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com