- 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.
