The U.S. Government is reporting that sales of new single-family houses in March, 2021 were at a seasonally adjusted annual rate of 1,021,000 which is 20.7% higher than February’s revised rate and is 66.8% higher than one year ago. The median sales price of new houses sold in March was $330,800 with an average sales price of $397,800. There were an estimated 307k new houses for sale at the end of March representing a 3.6-month supply at the current sales rate.
Click here to read the full report at the U.S. Census Bureau.
