National residential new home sales; April 2021

MONTHLY NEW RESIDENTIAL SALES, APRIL 2021 Release Number: CB21‐79 Notice of Revision:

With this release, seasonally adjusted estimates of housing units sold, housing units for sale, and the months’ supply of new housing have been revised back to January 2016. All revised estimates are available on our website. May 25, 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 April 2021:

NEW RESIDENTIAL SALES APRIL 2021

New Houses Sold1 : 863,000

New Houses For Sale2 : 316,000

Median Sales Price: $372,400

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.

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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