Friday, April 24, 2009

New Single Family Home Sales Down

The U.S. Census Bureau and the Department of Housing and Urban Development have released the March 2009 statistics for new, single-family home sales nationwide. The number of sales was 356,000 (on an annual adjusted basis), reflecting a .6% downturn over February's 358,000 number. However, on a year-over-year basis, the 2009 number was approximately 30.6% less than March 2008.

As for the median home price? The press release stated "The median sales price of new houses sold in March 2009 was $201,400; the average sales price was $258,000."

To read the press release (PDF file): March new home sales



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