Onnah Dereski

1 month ago | eyeonhousing.org | Onnah Dereski

The median price for a new single-family home sold in the first quarter of 2025 was $416,900, a mere $14,600 above the existing home sale price of $402,300, according to U.S. Census Bureau and National Association of Realtors data (not seasonally adjusted - NSA). Typically, new homes carry a price premium over existing homes. However,

Feb 25, 2025 | eyeonhousing.org | Onnah Dereski

The traditional price gap between new and existing homes was nearly nonexistent at the end of 2024. The median price for a new single-family home sold in the fourth quarter of 2024 was $419,200, a mere $9,100 above the existing home sales price of $410,100, according to U.S. Census Bureau and National Association of Realtors