According to estimates released Thursday by the US Census Bureau and the Department of Housing and Urban Development, sales of new single-family houses in November 2013 were at a seasonally adjusted annual rate of 464,000, reflecting a 2.1 percent (±21.3 percent) below the revised October rate of 474,000, but is 16.6 percent (±29.4 percent) above the November 2012 estimate of 398,000.
The median sales price of new houses sold in November 2013 was $270,900; the average sales price was $340,300. The seasonally adjusted estimate of new houses for sale at the end of November was 167,000. This represents a supply of 4.3 months at the current sales rate.