New Home Sales October Of 2021

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

On November 24, 2021, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau reported nationwide new single family home sales gained .40% to an annual rate of 745,000 homes in October of 2021 from 742,000 homes in September of 2021, but fell 23.1% from in October of 2020 an annual rate of 969,000 homes.

The median new home sold value was $407,700, while the average sales price was $477,800 in October of 2021. There were estimated 389,000 new houses for sale, and 6.3 months supplies of available inventory at the end of October of 2021.

For complete more detailed information about HUD and U.S. Census Bureau report of new home sales October of 2021, 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

Comments (12)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

John - surpised at the inventory but then there are local shortages in many areas.

Nov 27, 2021 06:12 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your weekend!

Nov 27, 2021 07:36 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Saturday morning, John.

Take care, be safe and have an outstanding day.

Nov 27, 2021 08:02 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

That is still a positive rate of growth considering the shortage of homes and the scarcity of materials

Nov 27, 2021 10:12 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Grant Schneider you are right, it is surprising at the inventory but then there are local shortages in many areas. Thanks for the comment.

Nov 27, 2021 10:52 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your weekend as well! Thanks for the comment.

Nov 27, 2021 10:52 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Roy Kelley Good Saturday morning to you too! Take care, be safe and have an outstanding day. Thanks for the comment.

Nov 27, 2021 10:53 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Ed Silva very true, it is still a positive rate of growth considering the shortage of homes and the scarcity of materials. Thanks for the comment.

Nov 27, 2021 10:55 AM
Sam Miller
RE/MAX Stars Realty - Howard, OH
Knox County Ohio Real Estate Specialist

John, The median new home sold price continues to climb and I believe this trend will continue.

Nov 27, 2021 11:49 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Sam Miller you are right, in most areas the new home sold price continues to climb and this trends will continue. Thanks for the comment.

Nov 27, 2021 07:51 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Interesting activity. Looks like my market has started to pass the national median

Dec 01, 2021 09:21 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson glad you find the report very interesting. Good to know your market has started to pass the national medium. Thanks for the comment.

Dec 12, 2021 12:57 PM