Build facts & stats

Question 1

What was the median sales price of a new single-family home recently?

Accepted Answer

$417,400. New homes typically sell for more than existing homes, partly reflecting modern materials, codes, and features.

Question 2

What was the median size of new multifamily (apartment/condo) rental units completed recently?

Accepted Answer

1,000 square feet. New rental apartments tend to run notably smaller than single-family homes built in the same period.

Question 3

What was the median size of new multifamily units built FOR SALE (like condos), which tend to run larger than rentals?

Accepted Answer

1,170 square feet. Condos built to be sold tend to be somewhat larger than apartments built purely to be rented out.

Question 4

About what share of new owner-built single-family homes recently included central air-conditioning?

Accepted Answer

91%. Air-conditioning has become close to a standard feature in new American homes, even though it's not universal.

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