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Posted May 25, 2021

U.S. new home sales dip 5.9 percent in April

The average sales price was $435,400.  


The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2021:

New Home Sales

Sales of new single‐family houses in April 2021 were at a seasonally adjusted annual rate of 863,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 5.9 percent (±11.2 percent)* below the revised March rate of 917,000, but is 48.3 percent (±24.5 percent) above the April 2020 estimate of 582,000.

Sales Price

The median sales price of new houses sold in April 2021 was $372,400.  The average sales price was $435,400.  

For Sale Inventory and Months’ Supply

The seasonally‐adjusted estimate of new houses for sale at the end of April was 316,000.  This represents a supply of 4.4 months at the current sales rate.

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