In this post I present you a table starting with January of 2000 to up until now, which lists the median house prices and average house prices in United States month after month.
As you can see from the table below, the median house price was at $163,500 in the month of January 2000. The median house price in April 2007, the last month for which the data is available, was at $229,100. The median house prices grew 40% from January 2000 to April of 2007.
The average house price in January of 2000 was at $200,300 and in April of 2007 the average house price stood at $299,100. The average house prices grew about 50% from January 2000 to April of 2007.
One important thing to notice from the table below is the house prices changes from March into April of every year. You can see the big the drop from March 2007 into April 2007; compare this to the other years. In other years, except 2000, the prices generally rose in April.
Median house price changes from March into April:
March 2000 ($165,100) to April 2000 ($162,600)
March 2001 ($166,300) to April 2001 ($175,200)
March 2002 ($183,400) to April 2002 ($187,100)
March 2003 ($185,100) to April 2003 ($189,500)
March 2004 ($209,600) to April 2004 ($222,300)
March 2005 ($229,300) to April 2005 ($236,300)
March 2006 ($238,800) to April 2006 ($257,000)
March 2007 ($257,600) to April 2007 ($229,100)
| Date | Median Price | Average Price |
| January 2000 | $163,500 | $200,300 |
| February 2000 | $162,400 | $199,200 |
| March 2000 | $165,100 | $204,900 |
| April 2000 | $162,600 | $207,300 |
| May 2000 | $164,700 | $200,000 |
| June 2000 | $160,100 | $197,700 |
| July 2000 | $169,000 | $202,200 |
| August 2000 | $166,600 | $200,200 |
| September 2000 | $171,500 | $208,300 |
| October 2000 | $176,300 | $215,100 |
| November 2000 | $174,700 | $210,700 |
| December 2000 | $162,000 | $208,100 |
| January 2001 | $171,300 | $209,000 |
| February 2001 | $169,100 | $211,000 |
| March 2001 | $166,300 | $210,200 |
| April 2001 | $175,200 | $205,500 |
| May 2001 | $175,300 | $211,400 |
| June 2001 | $179,400 | $211,700 |
| July 2001 | $175,000 | $209,300 |
| August 2001 | $173,700 | $207,500 |
| September 2001 | $166,400 | $203,300 |
| October 2001 | $171,300 | $207,100 |
| November 2001 | $168,100 | $206,900 |
| December 2001 | $180,200 | $228,700 |
| January 2002 | $187,100 | $226,900 |
| February 2002 | $191,100 | $226,500 |
| March 2002 | $183,400 | $227,100 |
| April 2002 | $187,100 | $228,100 |
| May 2002 | $181,000 | $226,500 |
| June 2002 | $190,600 | $225,200 |
| July 2002 | $175,600 | $217,800 |
| August 2002 | $178,900 | $221,300 |
| September 2002 | $177,500 | $215,300 |
| October 2002 | $189,200 | $231,300 |
| November 2002 | $181,200 | $227,100 |
| December 2002 | $197,600 | $237,800 |
| January 2003 | $181,700 | $230,200 |
| February 2003 | $187,000 | $233,400 |
| March 2003 | $185,100 | $231,100 |
| April 2003 | $189,500 | $237,200 |
| May 2003 | $195,500 | $243,700 |
| June 2003 | $187,900 | $239,700 |
| July 2003 | $190,200 | $248,400 |
| August 2003 | $190,500 | $241,000 |
| September 2003 | $192,000 | $254,500 |
| October 2003 | $194,100 | $242,800 |
| November 2003 | $207,100 | $268,300 |
| December 2003 | $196,000 | $253,900 |
| January 2004 | $209,500 | $262,100 |
| February 2004 | $219,600 | $264,100 |
| March 2004 | $209,600 | $261,000 |
| April 2004 | $222,300 | $269,300 |
| May 2004 | $211,700 | $260,400 |
| June 2004 | $215,700 | $263,200 |
| July 2004 | $212,400 | $279,200 |
| August 2004 | $218,100 | $272,200 |
| September 2004 | $211,600 | $269,200 |
| October 2004 | $229,200 | $289,600 |
| November 2004 | $224,500 | $283,200 |
| December 2004 | $229,600 | $284,300 |
| January 2005 | $223,100 | $283,000 |
| February 2005 | $237,300 | $289,100 |
| March 2005 | $229,300 | $289,600 |
| April 2005 | $236,300 | $289,100 |
| May 2005 | $228,300 | $287,400 |
| June 2005 | $226,100 | $279,600 |
| July 2005 | $229,200 | $289,300 |
| August 2005 | $240,100 | $295,000 |
| September 2005 | $240,400 | $299,600 |
| October 2005 | $243,900 | $293,600 |
| November 2005 | $237,900 | $294,400 |
| December 2005 | $238,600 | $290,200 |
| January 2006 | $244,900 | $301,000 |
| February 2006 | $250,800 | $307,900 |
| March 2006 | $238,800 | $298,800 |
| April 2006 | $257,000 | $310,300 |
| May 2006 | $238,200 | $293,900 |
| June 2006 | $243,200 | $305,000 |
| July 2006 | $238,100 | $311,300 |
| August 2006 | $243,900 | $317,300 |
| September 2006 | $226,700 | $296,200 |
| October 2006 | $250,400 | $306,800 |
| November 2006 | $240,100 | $291,800 |
| December 2006 | $244,700 | $301,900 |
| January 2007 | $254,400 | $314,600 |
| February 2007 | $250,100 | $322,600 |
| March 2007 | $257,600 | $324,700 |
| April 2007 | $229,100 | $299,100 |
DataSource: http://www.census.gov/const/uspricemon.pdf
4 comments:
These are prices for NEW houses, not all houses, right? I would think that the median sale price of existing homes is quite a bit less.
what about 2008..
I would bet that is the median price of all homes in the USA, existing and newly built. There are many 30 and 40 thousand dollar homes in low income areas, but what about the vast expanse of 400, 500, and multi million dollar homes?
To last anonymous: take a look at median prices instead of averages and you'll that values are lower than the averages meaning that there are more cheap houses on the market. Thus, multimillion houses of people grande do not trade often on the US market or regarded as outliers. i guess))
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