MONTHLY NEW RESIDENTIAL SALES, DECEMBER 2020
Release Number: CB21-12
January 28, 2021 – 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 RESIDENTIAL SALES
New Houses Sold1
New Houses For Sale2
Median Sales Price: $355,900
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.
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.