Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.

Graph and download economic data for Median Sales Price of Houses Sold for the United States from Q1 1963 to Q1 2025 about sales, median, housing, and USA.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Single Family Home Prices in the United States increased to 422800 USD in May from 414000 USD in April of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Median Sales Price of Houses Sold for the United States was 416900.00000 $ in January of 2025, according to the United States Federal Reserve. Historically, Median Sales Price of Houses Sold for the United States reached a record high of 442600.00000 in October of 2022 and a record low of 17800.00000 in January of 1963. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Sales Price of Houses Sold for the United States - last updated from the United States Federal Reserve on July of 2025.

Average House Prices in the United States increased to 522200 USD in May from 511200 USD in April of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

The Office of Policy and Management maintains a listing of all real estate sales with a sales price of $2,000 or greater that occur between October 1 and September 30 of each year. For each sale record, the file includes: town, property address, date of sale, property type (residential, apartment, commercial, industrial or vacant land), sales price, and property assessment. Data are collected in accordance with Connecticut General Statutes, section 10-261a and 10-261b: https://www.cga.ct.gov/current/pub/chap_172.htm#sec_10-261a and https://www.cga.ct.gov/current/pub/chap_172.htm#sec_10-261b. Annual real estate sales are reported by grand list year (October 1 through September 30 each year). For instance, sales from 2018 GL are from 10/01/2018 through 9/30/2019. Some municipalities may not report data for certain years because when a municipality implements a revaluation, they are not required to submit sales data for the twelve months following implementation.

The median home sales price is the middle value of the prices for which homes are sold (both market and private transactions) within a calendar year. The median value is used as opposed to the average so that both extremely high and extremely low prices do not distort the prices for which homes are sold. This measure does not take into account the assessed value of a property.Source: First American Real Estate Solutions (FARES) and RBIntel (2022-forward)Years Available: 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2022, 2023

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

The average home in the U.S. sold for several percent below its asking price in December 2022, as a result of the housing market slowing. Just a few months before that, In the second quarter of 2022, the so-called sale-to-list price ratio went above 100. This reflected the high housing demand and the need of prospective home buyers to bid above the asking price. Housing demand - as measured in pending home sales - went up, as mortgage rates were historically low and plummeted once rates were increased.

Average Sales Price of Houses Sold for the United States was 503800.00000 $ in January of 2025, according to the United States Federal Reserve. Historically, Average Sales Price of Houses Sold for the United States reached a record high of 525100.00000 in April of 2022 and a record low of 19200.00000 in July of 1963. Trading Economics provides the current actual value, an historical data chart and related indicators for Average Sales Price of Houses Sold for the United States - last updated from the United States Federal Reserve on July of 2025.

New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Median Sales Price of Houses Sold for the Northeast Census Region (MSPNE) from Q1 1963 to Q1 2025 about Northeast Census Region, sales, median, housing, and USA.

The median sales price of new homes sold in the United States increased steadily from 1965 to 2023. In 2023, a newly built home cost approximately ******* U.S. dollars. That was a decline of nearly ****** U.S. dollars and the first decrease since 2018. Prices varied greatly across different regions in the country, with the most expensive housing found in the Northeast region.

House Price Index YoY in the United States decreased to 3 percent in April from 3.90 percent in March of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

Graph and download economic data for Median Sales Price for New Houses Sold in the United States (MSPNHSUSA) from 1963 to 2024 about new, sales, median, housing, price, and USA.

Monthly sale price of single-family homes in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/. CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.

Graph and download economic data for Median Sales Price of Houses Sold for the South Census Region (MSPS) from Q1 1963 to Q1 2025 about South Census Region, sales, median, housing, and USA.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.