(01-28-21) 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 2020: New Home Sales – Sales of new single-family houses in December 2020 were at a seasonally adjusted annual rate of 842,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.6 percent (±15.8 percent)* above the revised November rate of 829,000 and is 15.2 percent (±17.2 percent)* above the December 2019 estimate of 731,000. An estimated 811,000 new homes were sold in 2020. This is 18.8 percent (±4.3 percent) above the 2019 figure of 683,000. Sales Price – The median sales price of new houses sold in December 2020 was $355,900. The average sales price was $394,900. For Sale Inventory and Months’ Supply – The seasonally-adjusted estimate of new houses for sale at the end of December was 302,000. This represents a supply of 4.3 months at the current sales rate.
National Association of Home Builders – New Home Sales (01-28-21)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com