September saw 759,000 new single-family home sales, marking a 12.3% increase from August and a significant 33.9% surge from September 2022.
The median sales price for new homes in September was $418,000, with an average price of $503,900.
At the close of September, there were 435,000 new homes available for sale, providing a supply that would last for about 6.9 months at the current sales rate.
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