New Home Sales
Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6 percent (±13.3 percent)* above the May 2025 rate of 623,000, and is 6.6 percent (±16.2 percent)* below the June 2024 rate of 671,000.

For Sale Inventory and Months’ Supply
The seasonally-adjusted estimate of new houses for sale at the end of June 2025 was 511,000. This is 1.2 percent (±1.6 percent)* above the May 2025 estimate of 505,000, and is 8.5 percent (±5.4 percent) above the June 2024 estimate of 471,000.

This represents a supply of 9.8 months at the current sales rate. The months' supply is 1.0 percent (±16.0 percent)* above the May 2025 estimate of 9.7 months, and is 16.7 percent (±20.3 percent)* above the June 2024 estimate of 8.4 months.

Sales Price
The median sales price of new houses sold in June 2025 was $401,800. This is 4.9 percent (±6.9 percent)* below the May 2025 price of $422,700, and is 2.9 percent (±5.9 percent)* below the June 2024 price of $414,000. The average sales price of new houses sold in June 2025 was $501,000. This is 2.0 percent (±8.9 percent)* below the May 2025 price of $511,500, and is 1.1 percent (±9.4 percent)* above the June 2024 price of $495,500.