The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2025: New Home Sales – Sales of new single-family houses in April 2025 were at a seasonally-adjusted annual rate of 743,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 10.9 percent (±13.5 percent)* above the March 2025 rate of 670,000, and is 3.3 percent (±14.7 percent)* above the April 2024 rate of 719,000. For Sale Inventory and Months’ Supply – The seasonally-adjusted estimate of new houses for sale at the end of April 2025 was 504,000. This is 0.6 percent (±2.0 percent)* below the March 2025 estimate of 507,000, and is 8.6 percent (±5.1 percent) above the April 2024 estimate of 464,000. This represents a supply of 8.1 months at the current sales rate. The months’ supply is 11.0 percent (±12.3 percent)* below the March 2025 estimate of 9.1 months, and is 5.2 percent (±14.7 percent)* above the April 2024 estimate of 7.7 months. Sales Price – The median sales price of new houses sold in April 2025 was $407,200. This is 0.8 percent (±7.1 percent)* above the March 2025 price of $403,700, and is 2.0 percent (±6.7 percent)* below the April 2024 price of $415,300. The average sales price of new houses sold in April 2025 was $518,400. This is 3.7 percent (±9.7 percent)* above the March 2025 price of $499,700, and is 3.6 percent (±8.4 percent)* above the April 2024 price of $500,600.
Pipe Exchange
16060 Dillard Drive, Suite 150, Jersey Village, TX 77040
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com