New Privately Owned Housing Completions in the United States, Median Square Feet of Floor Area for One-Family Units : 2104 (As of 2024-04-01)
Basic Info
The metric tracks the median size of single-family homes that have been completed during a specific period. This measure provides a clearer view of typical home sizes by reducing the influence of outliers, such as extremely large or small homes. House is defined as completed when all finished flooring has been installed (or carpeting if used in place of finished flooring).
Notes: Starting from 2015, there has been a noticeable downard trend in the median size of single-family homes. This change can be attributed to shifts in consumer preferences, rising construction costs, and ongoing affordability issues. (2024)
Quarterly , seasonally adjusted .
New Privately Owned Housing Completions in the United States, Median Square Feet of Floor Area for One-Family Units was 2104 as of 2024-04-01, according to United States Census Bureau. Historically, New Privately Owned Housing Completions in the United States, Median Square Feet of Floor Area for One-Family Units reached a record high of 2488 and a record low of 1725, the median value is 2145. Typical value range is from 2244 to 2438. The Year-Over-Year growth is -6.22%. GuruFocus provides the current actual value, an historical data chart and related indicators for New Privately Owned Housing Completions in the United States, Median Square Feet of Floor Area for One-Family Units - last updated on 2024-04-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 2104 | ||
| Latest Period | 2024-04-01 | ||
| Long Term Average | 2,341.05 | ||
| Average Annualized Growth Rate | +0.53% | ||
| Value from 1 year ago | 2244 | ||
| Change from 1 year ago | -6.24% | ||
| Frequency | Quarterly | ||
| Unit | Thousands | ||
| Download Source | source link |
Related Indicators
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