The median sales price of a new home was $33,500 less than that of an existing home As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median ...
How is the U.S. new home market faring? We've tapped Zillow's monthly data for new construction homes, which covers single-family residences and condominiums, which is based on sales data for this ...
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Newly built homes are cheaper than previously owned homes as builders ramp up price cuts
As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median sales price of a new home in June was $401,800, which was about 5% lower than in May.
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