New Home Sales March 2020

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On April 23, 2020, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales declined 15.4% to an annual rate of 627,000 homes in March of 2020 from 741,000 homes in February of 2020, and dropped 9.5% from in March of 2019 an annual rate of 693,000 homes.

The median new home sold value was $321,400, while the average sales price was $375,300 in March of 2020. There were estimated 333,000 new houses for sale, and 6.4 months supplies of available inventory at the end of March of 2020.

For complete more detailed information about HUD and U.S. Census Bureau report of new home sales March of 2020, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and Thanks for the information on new home pricing for us here in the Rain. Make it a great day!

 

Apr 27, 2020 08:18 AM #1
Rainmaker
2,997,145
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Will Hamm you are welcome, and glad you find the report very valuable. Make it a great day too! Thanks for the comment.

Apr 27, 2020 02:47 PM #2
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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