National residential new home sales metrics; June 2021

July 26, 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 June 2021:

NEW RESIDENTIAL SALES JUNE 2021

New Houses Sold : 676,000

New Houses For Sale : 353,000

Median Sales Price: $361,800

New Home Sales Sales of new single‐family houses in June 2021 were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 6.6 percent (±16.5 percent)* below the revised May rate of 724,000 and is 19.4 percent (±13.9 percent) below the June 2020 estimate of 839,000.

Sales Price 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.

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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