Sales of new single‐family houses in December 2023 were at a seasonally adjusted annual rate of 664,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This is 8.0 percent (±24.2 percent) above the revised November rate of 615,000 and is 4.4 percent (±20.6 percent) above the December 2022 estimate of 636,000.
An estimated 668,000 new homes were sold in 2023. This is 4.2 percent (±5.2 percent) above the 2022 figure of 641,000.
The median sales price of new houses sold in December 2023 was $413,200. The average sales price was $487,300.
The seasonally‐adjusted estimate of new houses for sale at the end of December was 453,000. This represents a supply of 8.2 months at the current sales rate.