U.S. flag

An official website of the United States government


end of header

FOR IMMEDIATE RELEASE: Wednesday, June 25, 2025

MONTHLY NEW RESIDENTIAL SALES, MAY 2025

CB25-98



New Home Sales
Sales of new single-family houses in May 2025 were at a seasonally-adjusted annual rate of 623,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 13.7 percent (±13.1 percent) below the April 2025 rate of 722,000, and is 6.3 percent (±16.9 percent)* below the May 2024 rate of 665,000.

For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of May 2025 was 507,000. This is 1.4 percent (±1.3 percent) above the April 2025 estimate of 500,000, and is 8.1 percent (±5.5 percent) above the May 2024 estimate of 469,000.

This represents a supply of 9.8 months at the current sales rate. The months' supply is 18.1 percent (±19.4 percent)* above the April 2025 estimate of 8.3 months, and is 15.3 percent (±21.3 percent)* above the May 2024 estimate of 8.5 months.

Sales Price
The median sales price of new houses sold in May 2025 was $426,600. This is 3.7 percent (±8.2 percent)* above the April 2025 price of $411,400, and is 3.0 percent (±9.7 percent)* above the May 2024 price of $414,300. The average sales price of new houses sold in May 2025 was $522,200. This is 2.2 percent (±8.4 percent)* above the April 2025 price of $511,200, and is 4.6 percent (±7.8 percent)* above the May 2024 price of $499,300.

Contact


Data Inquiries
Economic Indicators Division
Residential Construction Branch
301-763-5160
eid.rcb.customer.service@census.gov

Media Inquiries
Public Information Office
301-763-3030
pio@census.gov

X
  Is this page helpful?
Thumbs Up Image Yes    Thumbs Down Image No
X
No, thanks
255 characters remaining
X
Thank you for your feedback.
Comments or suggestions?
loading