NEW RESIDENTIAL SALES IN JANUARY 2015 | Katonah Real Estate

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Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 0.2 percent (±22.2%)* below the revised December rate of 482,000, but is 5.3 percent (±22.1%)* above the January 2014 estimate of 457,000.

The median sales price of new houses sold in January 2015 was $294,300; the average sales price was $348,300.

The seasonally adjusted estimate of new houses for sale at the end of January was 218,000.

This represents a supply of 5.4 months at the current sales rate

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