【Zillow】April 2025: Despite The Headwinds, New Home Sales Blow Past Expectations

• There were 743,000 (SAAR) new single-family home sales nationwide in April. That’s a 10.9% increase from the revised March rate of 670,000. Sales of newly built homes are 3.3% above the April 2024 estimate, according to the U.S. Census Bureau.
• The median price of new houses sold was $407,200, down 2.0% from a year ago.
• The seasonally adjusted estimate of new homes for sale at the end of April was 504,000, a supply of 8.1 months at the current sales rate. This is down from 9.1 months in March and higher than the 7.7 months in April 2024.

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