Sales of new single-family houses in the U.S. reached a seasonally adjusted annual rate of 800,000 units in August 2025, jumping 20.5% from 664,000 units in July and 15.4% from 693,000 units in August 2024, according to new data reported by the U.S. Census Bureau and the Department of Housing and Urban Development. The increase followed a modest decline in mortgage rates.
The number of new houses for sale at the end of August stood at 490,000, down from 497,000 in July and up from 471,000 one year earlier. At the current sales pace, this inventory represents a 7.4-month supply, compared with 9.0 months in July and 8.2 months in August 2024.
The median sales price of new houses sold in August was $413,500, rising from $395,100 in July and $405,800 in August 2024. The average sales price was $534,100, up from $478,200 in July and $475,600 one year earlier.
Regional sales were highest in the South at 530,000 units. The West recorded 150,000 units, the Midwest 89,000, and the Northeast 31,000.
By price category, 13,000 homes sold in August were priced between $300,000 and $399,999. Another 19,000 were sold between $400,000 and $499,999, and 13,000 between $500,000 and $599,999. Homes priced under $300,000 accounted for 2,000 sales, while those priced at $1 million or more represented 5,000 sales.
The number of homes sold while under construction reached 290,000. Completed homes accounted for 414,000 sales, while 96,000 were not yet started at the time of sale.
