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Redfin unveils Data Center on new home construction

Data includes prices, cost to build, share of market and future production.

Builder

The average price of a new construction home that sold from July through September was $374,000, according to a new quarterly analysis on the new construction market released Wednesday by Redfin.

Redfin found new construction homes sold at an average premium of $87,000 in the third quarter compared to existing homes. New home prices were up 3.3% year-over-year compared to existing home prices, which grew by 7.9% in September.

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October 26, 2017

construction, new home

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Redfin unveils Data Center on new home construction

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