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FOR IMMEDIATE RELEASE: Thursday, October 24, 2024

MONTHLY NEW RESIDENTIAL SALES, SEPTEMBER 2024

CB24‐176



New Home Sales
Sales of new single-family houses in September 2024 were at a seasonally adjusted annual rate of 738,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.1 percent (±14.7 percent)* above the revised August rate of 709,000 and is 6.3 percent (±18.6 percent)* above the September 2023 estimate of 694,000.

Sales Price
The median sales price of new houses sold in September 2024 was $426,300. The average sales price was $501,000.

For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of September was 470,000. This represents a supply of 7.6 months at the current sales rate.

Contact


Data Inquiries
Economic Indicators Division
Residential Construction Branch
301-763-5160
eid.rcb.customer.service@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

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