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Home Sales: Difference between revisions
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| Line 21: | Line 21: | ||
|- | |- | ||
|Aug-23 | |Aug-23 | ||
| | |675 | ||
| | |700 | ||
| | | -8.66 | ||
| | |5.80 | ||
| | |430,300 | ||
|4.04 | |4.04 | ||
|4.10 | |4.10 | ||
| Line 33: | Line 33: | ||
|- | |- | ||
|Jul-23 | |Jul-23 | ||
| | |739 | ||
|705 | |705 | ||
| | |8.04 | ||
| | |36.10 | ||
|436, | |436,600 | ||
|4.07 | |4.07 | ||
|4.15 | |4.15 | ||
| Line 47: | Line 47: | ||
|684 | |684 | ||
|725 | |725 | ||
| - | | -3.66 | ||
| | |21.49 | ||
|416,700 | |416,700 | ||
|4.16 | |4.16 | ||
| Line 57: | Line 57: | ||
|- | |- | ||
|May-23 | |May-23 | ||
| | |710 | ||
|675K | |675K | ||
| | |4.57 | ||
| | |11.64 | ||
| | |421,200 | ||
|4.3 | |4.3 | ||
|4.25M | |4.25M | ||
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|679 | |679 | ||
|663K | |663K | ||
|6.09 | |6.09 | ||
| | |11.13 | ||
|417,200 | |417,200 | ||
|4.29 | |4.29 | ||
| Line 83: | Line 83: | ||
|640 | |640 | ||
|630K | |630K | ||
|2.40 | |2.40 | ||
| | | -9.48 | ||
|438,900 | |438,900 | ||
|4.43 | |4.43 | ||
| Line 95: | Line 95: | ||
|625 | |625 | ||
|650K | |650K | ||
| -3.70 | | -3.70 | ||
| | | -19.15 | ||
|433,300 | |433,300 | ||
|4.55 | |4.55 | ||
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|649 | |649 | ||
|620K | |620K | ||
|2.04 | |2.04 | ||
| | | -19.88 | ||
|432,100 | |432,100 | ||
|4 | |4 | ||
| Line 119: | Line 119: | ||
|636 | |636 | ||
|617K | |617K | ||
|9.28 | |9.28 | ||
| | | -23.37 | ||
|479,500 | |479,500 | ||
|4.03 | |4.03 | ||
| Line 131: | Line 131: | ||
|582 | |582 | ||
|600K | |600K | ||
|0.87 | |0.87 | ||
| | | -24.61 | ||
|462,300 | |462,300 | ||
|4.12 | |4.12 | ||
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|577 | |577 | ||
|570K | |570K | ||
|1.76 | |1.76 | ||
| | | -15.15 | ||
|496,800 | |496,800 | ||
|4.44 | |4.44 | ||
| Line 155: | Line 155: | ||
|567 | |567 | ||
|585K | |585K | ||
| -11.13 | | -11.13 | ||
| | | -23.58 | ||
|477,700 | |477,700 | ||
|4.68 | |4.68 | ||
| Line 167: | Line 167: | ||
|638 | |638 | ||
|500K | |500K | ||
|17.50 | |17.50 | ||
| | | -7.54 | ||
|440,300 | |440,300 | ||
|4.77 | |4.77 | ||
| Line 179: | Line 179: | ||
|543 | |543 | ||
|575K | |575K | ||
| -3.55 | | -3.55 | ||
| | | -28.55 | ||
|478,200 | |478,200 | ||
|4.88 | |4.88 | ||
| Line 191: | Line 191: | ||
|563 | |563 | ||
|660K | |660K | ||
| -11.48 | | -11.48 | ||
| | | -21.37 | ||
|432,700 | |432,700 | ||
|5.12 | |5.12 | ||
| Line 203: | Line 203: | ||
|636 | |636 | ||
|588K | |588K | ||
|4.09 | |4.09 | ||
| | | -11.05 | ||
|450,700 | |450,700 | ||
|5.41 | |5.41 | ||
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|611 | |611 | ||
|750K | |750K | ||
| -13.58 | | -13.58 | ||
| | | -24.57 | ||
|458,200 | |458,200 | ||
|5.61 | |5.61 | ||
| Line 227: | Line 227: | ||
|707 | |707 | ||
|765K | |765K | ||
| -8.54 | | -8.54 | ||
| | | -16.82 | ||
|435,900 | |435,900 | ||
|5.77 | |5.77 | ||
| Line 239: | Line 239: | ||
|773 | |773 | ||
|810K | |810K | ||
| -4.57 | | -4.57 | ||
| | |1.05 | ||
|427,400 | |427,400 | ||
|6.02 | |6.02 | ||
| Line 251: | Line 251: | ||
|810 | |810 | ||
|806K | |806K | ||
| -2.41 | | -2.41 | ||
| | | -10.10 | ||
|430,500 | |430,500 | ||
|6.50 | |6.50 | ||
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* The median existing-home sales price climbed 3.9% from one year ago to $407,100 – the third consecutive month the median sales price surpassed $400,000. | * The median existing-home sales price climbed 3.9% from one year ago to $407,100 – the third consecutive month the median sales price surpassed $400,000. | ||
* Total housing inventory registered at the end of August was 1.1 million units, down 0.9% from July and 14.1% from one year ago (1.28 million). Unsold inventory sits at a 3.3-month supply at the current sales pace, identical to July and up from 3.2 months in August 2022. | * Total housing inventory registered at the end of August was 1.1 million units, down 0.9% from July and 14.1% from one year ago (1.28 million). Unsold inventory sits at a 3.3-month supply at the current sales pace, identical to July and up from 3.2 months in August 2022. | ||
==== New ==== | |||
* Sales of new single‐family houses in August 2023 were at a seasonally adjusted annual rate of 675,000. This is 8.7 percent (±15.6 percent)* below the revised July rate of 739,000, but is 5.8 percent (±21.1 percent)* above the August 2022 estimate of 638,000. | |||
* The median sales price of new houses sold in August 2023 was $430,300. The average sales price was $514,000. | |||
* The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000. This represents a supply of 7.8 months at the current sales rate. | |||
== References == | == References == | ||