The September jump in single family home sales
Boston Condos for Sale and Apartments for Rent
The September jump in single family home sales
New-home sales post surprise gain in September
Ford Realty update on national data on single-family home sales
Nationally Sales of new single-family homes rebounded month over month in September, surging past Wall Street expectations.
Specifically, September’s seasonally adjusted annual rate of 738,000 sales represented a 4.1% gain from August’s downwardly revised rate of 709,000 transactions, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Year over year, sales were up 6.3% from 694,000.
September’s figure topped the consensus estimate of 710,000.
The median price of a new home sold during September jumped to $426,300 from $410,900 in August. Year over year, the median price was a touch higher than the $426,100 price of September 2023.
Months’ supply of new homes for sale slid to 7.6 months from 7.9 months in August and was up from 7.5 months a year ago.
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Updated: Boston Real Estate Blog 2024
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Beds
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Beds
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Beds
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Beds
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Updated: Boston Real Estate Blog 2024
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
