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1198. New Privately Owned One-Family Houses Sold by Region and Type of Financing and by Sales-Price Group

[In thousands (485 represents 485,000). Based on a national probability sample of monthly interviews with builders or owners of 1-family houses for which building permits have been issued or, for nonpermit areas, on which construction has started. For details, see source. Composition of regions: NORTHEAST: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, and Pennsylvania. MIDWEST: Ohio, Indiana, Illinois, Michigan, Wisconsin, Minnesota, Iowa, Missouri, North Dakota, South Dakota, Nebraska, and Kansas. SOUTH: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida, Kentucky, Tennessee, Alabama, Mississippi, Arkansas, Louisiana, Oklahoma, and Texas. WEST: Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona, Utah, Nevada, Washington, Oregon, California, Alaska, and Hawaii]

 
REGION FINANCING TYPE
YEAR
AND
SALES-PRICE Total North- Mid- South West Conven- FHA Rural- Cash
GROUP sales east west tional 1 and Housing
VA Service 2
 
1970 485 61 100 203 121 3 213 244 (3) 27
1971 656 82 127 270 176 3 314 314 (3) 28
1972 718 96 130 305 187 3 447 242 (3) 30
1973 634 95 120 257 161 3 465 134 (3) 34
1974 519 69 103 207 139 3 378 112 (3) 28
1975 549 71 106 222 150 363 122 43 22
1976 646 72 128 247 199 458 134 23 31
1977 819 86 162 317 255 592 166 24 38
1978 817 78 145 331 262 575 174 26 43
1979 709 67 112 304 225 469 186 18 36
1980 545 50 81 267 145 302 196 14 32
1981 436 46 60 219 112 244 142 14 36
1982 412 47 48 219 99 193 173 11 34
1983 623 76 71 323 152 350 217 8 49
1984 639 94 76 309 160 423 149 9 58
1985 688 112 82 323 170 403 208 11 64
1986 750 136 96 322 196 411 268 12 59
1987 671 117 97 271 186 408 190 8 64
1988 676 101 97 276 202 437 171 6 62
1989 650 86 102 260 202 416 162 14 58
1990 534 71 89 225 149 337 138 10 50
1991 509 57 93 215 144 329 128 9 43
1992 610 65 116 259 170 428 134 7 41
1993 666 60 123 295 188 476 147 6 37
1994 670 61 123 295 191 490 130 9 41
1995 667 55 125 300 187 490 129 9 39
1996 757 74 137 337 209 570 140 9 38
1997 804 78 140 363 223 616 137 6 46
1998 886 81 164 398 243 693 136 9 48
 
  1990, total 534 71 89 225 149 337 138 10 50
Under $80,000 110 4 23 70 13 31 59 4 (B) 11
$80,000 to $119,999 147 13 27 72 36 70 62 (B) 15
$120,000 to $149,999 88 15 14 31 28 69 12 (B) 8
$150,000 to $199,999 86 15 11 27 33 74 (B) (B) 8
$200,000 and over 102 25 13 25 39 92 (B) (B) 9
 
  1991, total 509 57 93 215 144 329 128 9 43
Under $80,000 98 2 22 62 12 32 50 4 9 8
$80,000 to $119,999 153 11 29 73 40 81 60 (B) 12
$120,000 to $149,999 86 13 15 32 27 64 13 (B) 9
$150,000 to $199,999 82 14 14 24 29 71 5 (B) 6
$200,000 and over 89 17 13 24 36 81 (B) (B) 7
 
  1992, total 610 65 116 259 170 428 134 7 41
Under $80,000 100 2 22 63 13 40 45 4 7 8
$80,000 to $119,999 196 10 39 91 56 117 66 (B) 14
$120,000 to $149,999 111 13 21 41 36 87 15 (B) 8
$150,000 to $199,999 97 19 17 33 28 85 7 (B) 5
$200,000 and over 106 21 18 32 36 99 (B) (B) 6
 
  1993, total 666 60 123 295 188 476 147 6 37
Under $80,000 87 2 15 58 12 37 38 4 5 6
$80,000 to $119,999 210 12 40 100 58 123 74 (B) 12
$120,000 to $149,999 133 12 27 51 44 102 24 (B) 7
$150,000 to $199,999 122 15 22 47 38 106 10 (B) 6
$200,000 and over 115 19 20 39 37 108 (B) (B) 6
 
  1994, total 670 61 123 295 191 490 130 9 41
Under $80,000 72 2 10 52 8 30 29 4 8 4
$80,000 to $119,999 201 10 37 101 53 122 65 (B) 14
$120,000 to $149,999 140 11 28 54 47 108 25 (B) 7
$150,000 to $199,999 129 17 25 46 41 111 10 (B) 9
$200,000 and over 127 21 22 41 42 119 (B) (B) 7
 
  1995, total 667 55 125 300 187 490 128 9 39
Under $80,000 58 2 6 42 8 24 25 4 4 3
$80,000 to $119,999 200 8 41 98 53 114 69 (B) 14
$120,000 to $149,999 144 9 27 63 44 111 24 (B) 8
$150,000 to $199,999 127 13 25 49 40 110 9 (B) 8
$200,000 and over 138 23 26 47 42 131 (B) (B) 6
 
  1996, total 757 74 137 337 209 570 140 9 38
Under $70,000 26 (B) (B) 21 (B) 11 11 3 (B)
$70,000 to $79,999 33 (B) 4 24 4 15 16 (B) (B)
$80,000 to $99,999 104 5 21 63 16 56 42 (B) 4
$100,000 to $119,999 101 5 20 45 30 65 29 (B) 6
$120,000 to $149,999 159 11 32 69 47 121 27 (B) 10
$150,000 to $199,999 160 18 29 61 51 137 14 (B) 8
$200,000 to $249,999 79 14 14 27 23 74 (B) (B) 4
$250,000 to $299,999 40 5 6 13 15 38 (B) (B) (B)
$300,000 and over 56 13 8 14 21 54 (B) (B) 3
 
  1997 804 78 140 363 223 616 137 6 46
Under $70,000 22 (B) (B) 19 (B) 11 9 (B) (B)
$70,000 to $79,999 28 (B) 3 21 3 13 13 (B) (B)
$80,000 to $99,999 93 4 17 60 12 53 36 (B) 3
$100,000 to $119,999 103 4 18 54 26 65 31 (B)6 6
$120,000 to $149,999 173 11 30 76 56 125 34 (B) 14
$150,000 to $199,999 177 20 32 69 55 153 14 (B) 10
$200,000 to $249,999 83 12 16 29 26 77 (B) (B) 4
$250,000 to $299,999 46 8 8 15 15 44 (B) (B) 3
$300,000 and over 78 16 13 20 30 74 (B) (B) 4
 
  1998, total 886 81 164 398 243 693 136 9 48
Under $70,000 19 (B) (B) 16 (B) 11 6 (B) (B)
$70,000 to $79,999 22 (B) 3 17 (B) 11 8 (B) (B)
$80,000 to $99,999 91 3 16 57 15 48 34 4 5
$100,000 to $119,999 112 5 20 61 25 73 32 (B) 5
$120,000 to $149,999 183 12 33 82 56 136 35 (B) 11
$150,000 to $199,999 208 19 42 80 67 178 18 (B) 12
$200,000 to $249,999 104 13 22 40 29 97 (B) (B) 5
$250,000 to $299,999 59 11 11 20 17 57 (B) (B) (B)
$300,000 and over 88 17 15 25 31 84 (B) (B) 5
 
1999 907 75 173 408 249 705 152 6 43
Under $70,000 13 (B) (B) 10 (B) 8 5 3 (B) (B)
$70,000 to $79,999 19 (B) 3 15 (B) 8 5 6 (B) (B)
$80,000 to $99,999 72 (B) 12 48 11 37 32 (B) 3
$100,000 to $119,999 100 5 20 55 20 59 35 (B) 5
$120,000 to $149,999 189 10 38 88 53 132 45 (B) 11
$150,000 to $199,999 214 16 42 89 66 178 25 (B) 10
$200,000 to $249,999 114 13 27 41 33 106 (B) (B) 5
$250,000 to $299,999 67 10 13 23 21 64 (B) (B) (B)
$300,000 and over 118 18 19 39 43 113 (B) (B) 6


B Withheld because estimate did not meet publication standards on the basis of sample size.
1 Includes all other types of financing.
2 Prior to 1996, the Farmers Home Administration.
3 Included under conventional financing.
4 Under $70,000. Data for $70,000 to $79,999 are witheld.
5 FHA only. VA data are withheld.

Source: U.S. Census Bureau and U.S. Dept. of Housing and Urban Development, Current Construction Reports, series C25, Characteristics of New Housing, annual; and New One-Family Houses Sold, monthly.

http://www.census.gov/const/www/index.html **************************************************************************************** Definitions

Financing, type of. The type of financing tabulated in this survey is the type reported at the time the original sales agreement was signed or deposit accepted. However, changes in the type of financing do occur between the original contract signing and final settlement. These changes are not reflected in the tables.

The FHA and VA type-of-financing data presented tend to differ from those published directly by those agencies. For the actual number of FHA-insured and VA-guaranteed loans made for new houses at the time of final settlement, refer to the publications of the respective agencies. The data differ because of the difference in time periods between the signing of the original sales contract, the start of construction, and the insurance or guarantee of the mortgage, as well as the sampling variability in this survey.

Early in 1995 the Farmers Home Administration was reorganized. As part of this reorganization the Rural Hous-ing Service now handles the mortgage functions formerly done by the Farmers Home Administration.

New houses sold. The category, houses sold, includes all houses for which a sales contract has been signed or a deposit accepted. This includes houses for which a sales contract is signed or deposit accepted before construction is actually started; for instance, houses sold from a model or from plans before any work is started on the footings or foundations. It also includes houses sold while under construction or after completion; that is, houses built on speculation.

Sale. The sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. This survey does not follow through to the final stage of the sales transaction. Land must be included in the transaction.

Sales price. The sales price used in this survey is the price agreed upon between purchaser and seller (and reported by the latter) at the time the first sales contract is signed or deposit is made for the house. The sales price does not reflect any subsequent price changes resulting from change orders or from any other factors affecting the price of the house. Furthermore, the sales price does not include the cost of any extras or options paid for in cash by the purchaser or otherwise not included in the original sales price reported by the seller. *



https://allcountries.org/uscensus/1198_new_privately_owned_one_family_houses.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.