(12-23-20) The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for November 2020:New Home Sales – Sales of new single-family houses in November 2020 were at a seasonally adjusted annual rate of 841,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.0 percent (±9.5 percent) below the revised October rate of 945,000, but is 20.8 percent (±19.5 percent) above the November 2019 estimate of 696,000. Sales Price – The median sales price of new houses sold in November 2020 was $335,300. The average sales price was $390,100. For Sale Inventory and Months’ Supply – The seasonally-adjusted estimate of new houses for sale at the end of November was 286,000. This represents a supply of 4.1 months at the current sales rate.
National Association of Home Builders – New Home Sales (12-23-20)
Pipe Exchange
14025 West Road
Suite 100
Houston, TX 77041
- Phone: 713.934.9480
- Fax: 713.934.9490
- Email: sales@pipexch.com