Notice of Revision: With this release, seasonally adjusted estimates of housing units sold, housing units for sale, and the months’ supply of new housing have been revised back to January 2020. All revised estimates are available on our website.
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2025:
New Home Sales
Sales of new single-family houses in April 2025 were at a seasonally-adjusted annual rate of 743,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 10.9 percent (±13.5 percent)* above the March 2025 rate of 670,000, and is 3.3 percent (±14.7 percent)* above the April 2024 rate of 719,000.
For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of April 2025 was 504,000. This is 0.6 percent (±2.0 percent)* below the March 2025 estimate of 507,000, and is 8.6 percent (±5.1 percent) above the April 2024 estimate of 464,000.
This represents a supply of 8.1 months at the current sales rate. The months’ supply is 11.0 percent (±12.3 percent)* below the March 2025 estimate of 9.1 months, and is 5.2 percent (±14.7 percent)* above the April 2024 estimate of 7.7 months.
Sales Price
The median sales price of new houses sold in April 2025 was $407,200. This is 0.8 percent (±7.1 percent)* above the March 2025 price of $403,700, and is 2.0 percent (±6.7 percent)* below the April 2024 price of $415,300. The average sales price of new houses sold in April 2025 was $518,400. This is 3.7 percent (±9.7 percent)* above the March 2025 price of $499,700, and is 3.6 percent (±8.4 percent)* above the April 2024 price of $500,600.
The May report is scheduled for release on June 25, 2025. View the full schedule in the Economic Briefing Room: <www.census.gov/economic-indicators/>. The full text and tables for this release can be found at <www.census.gov/construction/nrs/>.
Source: U.S. Census Bureau