August New Homes Sales Second Lowest Ever Behind May. Median Price: $204,700.

The Census Bureau reported this morning that Sales of new single-family houses in August 2010 were at a seasonally adjusted annual rate of 288,000, unchanged from the revised July rate of 288,000. This is 28.9% below August 2009, and the second lowest number on record, the lowest was posted May 2010. The median sales price of new houses sold in August 2010 was $204,700; the average sales price was $248,800. The seasonally adjusted estimate of new houses for sale at the end of August was 206,000. This represents a supply of 8.6 months at the current sales rate.