New Home Sales Jump, Prices Rise Too
December 27, 2012 by Paul AusickThe Census Bureau also reported that the median sales price for new homes sold in November was $246,200, about 3.5% above the October median, and the average sales price was $299,700, up about 7.5%. In October, the median sales price for a new house was $237,700 and the average sales price was $278,900.
At the end of November, the number of new homes for sale totaled 149,000, a supply of 4.7 months, up slightly from an inventory totaling 147,000 at the end of October.
Paul Ausick
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