The median sales price of new houses sold in November 2005 was $225,200; the average sales price was $283,300. The seasonally adjusted estimate of new houses for sale at the end of November was 503,000. This represents a supply of 4.9 months at the current sales rate.
New Residential Sales data for December 2005 will be released on Friday, January 27, 2006.
Click here for the Commerce Department's New Residential Sales Index page for full details, downloads in PDF and XLS (Excel) formats, for reporting by month, quarter and year.
or visit http://www.BestHomes-NJ.com for the latest New Jersey Real Estate property listings (residential, commercial, multi-family, farm, land)
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