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Posted December 28, 2021

U.S. New Homes Sales Advance 12.4 Percent in November

The average sales price is $481,700.


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 2021:

New Home Sales

Sales of new singlefamily houses in November 2021 were at a seasonally adjusted annual rate of 744,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 12.4 percent (±17.2 percent)* above the revised October rate of 662,000, but is 14.0 percent (±20.5 percent)* below the November 2020 estimate of 865,000.

Sales Price

The median sales price of new houses sold in November 2021 was $416,900. The average sales price was $481,700.

For Sale Inventory and Months’ Supply

The seasonallyadjusted estimate of new houses for sale at the end of November was 402,000. This represents a supply of 6.5 months at the current sales rate.

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