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Posted January 28, 2021

December U.S. new home sales rise 15.2 percent YOY

An estimated 811,000 new homes were sold in 2020.


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.

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