(10-26-20) The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for September 2020: New Home Sales – Sales of new single-family houses in September 2020 were at a seasonally adjusted annual rate of 959,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 3.5 percent (±19.9 percent)* below the revised August rate of 994,000, but is 32.1 percent (±28.8 percent) above the September 2019 estimate of 726,000. Sales Price – The median sales price of new houses sold in September 2020 was $326,800. The average sales price was $405,400. For Sale Inventory and Months’ Supply The seasonally-adjusted estimate of new houses for sale at the end of September was 284,000. This represents a supply of 3.6 months at the current sales rate.
National Association of Home Builders – New Home Sales (10-26-20)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com