Median square foot prices (excluding record-high improved lot values) for new for-sale single-family detached (SFD) homes started in 2022 increased 18%, according to NAHB’s analysis of the latest Survey of Construction data. Increases for square foot prices in new custom SFD homes were similarly high, averaging 19%, more than double the US inflation of 8% registered by the CPI the… Read More ›
Tag Archive for ‘sale price per square foot’
Square Foot Prices Up in 2020
Median square foot prices in new custom single-family detached (SFD) homes started in 2020 increased 8%, according to NAHB’s analysis of the latest Survey of Construction data. Increases in square foot prices in new for-sale SFD homes (excluding skyrocketing improved lot values) averaged 4%. Median sale and contract prices per square foot went up across all US regions, except for… Read More ›
Sale and Contract Prices per Square Foot in 2019
According to NAHB’s analysis of the 2019 Survey of Construction data, the highest median square foot sale and contract prices are registered in the West and Northeast. The most economical custom and for-sale homes are started in the South region, where the median contract and sale prices per square foot are consistently below the national medians. Looking at single-family for-sale… Read More ›
Sale and Contract Prices per Square Foot in 2018
Looking at single-family homes started in 2018, the median prices per square foot, excluding improved lot values, range from $154 for contractor-built homes in New England to $89 for homes built for sale in the East South Central division. While the median sale and contract prices per square foot are up across most of the nation, some of the most… Read More ›