US New Single-Family Home Sales Drop in January

On Thursday, the US Census Bureau and Department of Housing and Urban Development reported that new residential single-family home sales were at a seasonally adjusted annual rate of 587,000 in January, according to estimates. This is 17.6% below the December 2025 rate of 712,000 and 11.3% below the January 2025 rate of 662,000.

The seasonally adjusted estimate of new houses for sale at the end of January was 476,000. This is 0.4% above the December 2025 estimate of 474,000 but 4.0% below the January 2025 estimate of 496,000. This represents a supply of 9.7 months at the current sales rate—21.3% above the December 2025 estimate of 8.0 months and 7.8% above the January 2025 estimate of 9.0 months.

The median sales price was $400,500, 4.5% below the December 2025 price of $419,200 and 6.8% below the January 2025 price of $429,600.

The average sales price was $499,500, 5.9% below the December 2025 price of $530,900 and 3.6% below the January 2025 price of $518,200.


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