WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for June 2021:
New Home Sales
Sales of new single-family houses in June 2021 were at a seasonally adjusted annual rate of 676,000. This is 6.6 percent (±16.5 percent)* below the revised May rate of 724,000 and is 19.4 percent (±13.9 percent)* above the June 2020 estimate of 839,000.
The median sales price of new houses sold in June 2021 was $361,800. The average sales price was $428,700.
For Sale Inventory and Months’ Supply
The seasonally adjusted estimate of new houses for sale at the end of June was 353,000 This represents a supply of 6.3 months at the current sales rate.
Read more about new residential sales activity here.
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