New Home Sales
Sales of new single-family houses in October 2024 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 17.3 percent (±12.8 percent) below the revised September rate of 738,000 and is 9.4 percent (±19.0 percent)* below the October 2023 estimate of 673,000.
Sales Price
The median sales price of new houses sold in October 2024 was $437,300. The average sales price was $545,800.
For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of October was 481,000. This represents a supply of 9.5 months at the current sales rate.
https://www.census.gov/construction/nrs/current/index.html
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