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New Residential Sales in January 2013

Print Version

Sales of new single-family houses in January 2013 were at a seasonally adjusted annual rate of 437,000, according to estimates released jointly on February 26th, by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 15.6 percent (18.9%) above the revised December rate of 378,000 and is 28.9 percent (21.7%) above the January 2012 estimate of 339,000. The median sales price of new houses sold in January 2013 was $226,400; the average sales price was $286,300. The seasonally adjusted estimate of new houses for sale at the end of January was 150,000. This represents a supply of 4.1 months at the current sales rate. For more information, please visit www.census.gov/newhomesales and www.census.gov/construction/nrs/pdf/newressales.pdf.

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