• Prior month 0.587M

New Home Sales Summary – March 2026

Sales Activity

• March 2026 new single-family home sales: 682,000 seasonally-adjusted annual rate
• Up 7.4% from February 2026 (635,000) versus -17.4 last month
• Up 3.3% from March 2025 (660,000)
• February 2026 sales of 635,000 were up 8.9% from January 2026 (583,000)

For Sale Inventory & Months’ Supply

• End of March inventory: 481,000 homes for sale
• Down 0.4% from February 2026 (483,000)
• Down 4.6% from March 2025 (504,000)
• Months’ supply: 8.5 months at current sales rate
• Down 6.6% from February 2026 (9.1 months)
• Down 7.6% from March 2025 (9.2 months)

Sales Prices

• Median sales price: $387,400
  • Down 5.3% from February 2026 ($409,000)
  • Down 6.2% from March 2025 ($412,900)
• Average sales price: $503,100
  • Down 3.4% from February 2026 ($521,000)
  • Down 1.2% from March 2025 ($509,200)

Key Takeaways

• Sales volume is trending upward month-over-month and year-over-year
• Inventory is tightening, with fewer homes available than a year ago
• Prices are declining both monthly and annually, suggesting some softening in new home pricing

This article was written by Greg Michalowski at investinglive.com.



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