Tuesday, June 04, 2013

The Price of New Houses

$245,100: That is the median sales prices of the new, detached, single-family houses sold in 2012. Here is how that figure compares with median prices in the recent past (in 2012 dollars)...
  • The price in 2012 was 7 percent above the $229,100 of 2000.
  • The price in 2012 was 15 percent below the $288,800 of 2006 (all-time high).
  • The price in 2012 was 6 percent above the $232,200 of 2009 (Great Recession low).
Source: Census Bureau, Characteristics of New Single-Family Houses Sold

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