Industry Trends Issue 1, 2014 - 9

REPORT 8

new home sales
Sales holding steady

T

he US Census reported that sales of new homes
in the first quarter of 2014 dropped less than 2%
over the first quarter of 2013. Sales exceeded
100,000 in the quarter, for only the fourth time in
many years.
The cost of the home also factors into the purchaser's
decision to hire a professional mover, with higher-cost

homes being more likely to see a moving van parked
in front. Unfortunately, the percentage of sales in the
$500,000 - $750,000 category fell from 8% to only 5% of
all new home sales. The category with the largest jump was
$200,000 to $250,000. Sales of new homes under $150,000,
where purchasers may be unable to afford a professional
mover, account for only 8% of new home sales.

Number of New Houses Sold
(Quarterly, 2012-2014)
140,000

120,000

100,000

80,000

60,000

40,000

20,000

0

1st

2nd

Source: US Census

3rd

4th

1st

2nd

2012

3rd

4th

1st

2013

2014

Sales Distribution
Period

Under
$125,000

$125,000
to
$149,999

$150,000
to
$199,999

$200,000
to
$249,999

$250,000
to
$299,999

$300,000
to
$399,999

$400,000
to
$499,999

$500,000
to
$749,999

$750,000
and over

2013

2%

6%

18%

17%

16%

20%

9%

8%

4%

2014: 1st
quarter

3%

5%

18%

19%

15%

21%

10%

5%

4%

Source: US Census
2014, Vol. 1 » INDUSTRY TRENDS

9
Industry Trends Issue 1, 2014

Table of Contents for the Digital Edition of Industry Trends Issue 1, 2014
