Metro areas are ranked based on the number of new construction home sales in March 2024.

1. Houston, TX
   • Number of new construction sales: 1751
   • New construction median sale price: $347,990
   • New construction median sale price per square foot: $173.82
   • Median sale price for all homes: $318,104
   • Difference between new construction and all home sale prices: $29,886
2. Dallas, TX
   • Number of new construction sales: 1574
   • New construction median sale price: $414,950
   • New construction median sale price per square foot: $195.03
   • Median sale price for all homes: $379,117
   • Difference between new construction and all home sale prices: $35,833
3. Atlanta, GA
   • Number of new construction sales: 1123
   • New construction median sale price: $439,900
   • New construction median sale price per square foot: $191.33
   • Median sale price for all homes: $350,000
   • Difference between new construction and all home sale prices: $89,900
4. Phoenix, AZ
   • Number of new construction sales: 844
   • New construction median sale price: $447,097
   • New construction median sale price per square foot: $228.98
   • Median sale price for all homes: $441,667
   • Difference between new construction and all home sale prices: $5,430
5. San Antonio, TX
   • Number of new construction sales: 777
   • New construction median sale price: $310,446
   • New construction median sale price per square foot: $169.40
   • Median sale price for all homes: $297,833
   • Difference between new construction and all home sale prices: $12,613
6. Charlotte, NC
   • Number of new construction sales: 771
   • New construction median sale price: $406,500
   • New construction median sale price per square foot: $211.57
   • Median sale price for all homes: $361,333
   • Difference between new construction and all home sale prices: $45,167
7. Austin, TX
   • Number of new construction sales: 750
   • New construction median sale price: $434,900
   • New construction median sale price per square foot: $209.10
   • Median sale price for all homes: $444,779
   • Difference between new construction and all home sale prices: -$9,879
8. Nashville, TN
   • Number of new construction sales: 705
   • New construction median sale price: $485,000
   • New construction median sale price per square foot: $231.46
   • Median sale price for all homes: $418,500
   • Difference between new construction and all home sale prices: $66,500
9. Tampa, FL
   • Number of new construction sales: 689
   • New construction median sale price: $398,985
   • New construction median sale price per square foot: $191.17
   • Median sale price for all homes: $360,000
   • Difference between new construction and all home sale prices: $38,985
10. Raleigh, NC
    • Number of new construction sales: 652
    • New construction median sale price: $429,950
    • New construction median sale price per square foot: $202.50
    • Median sale price for all homes: $408,667
    • Difference between new construction and all home sale prices: $21,283

Top 10 places with the highest sales prices for new construction homes

Metro areas are ranked based on the highest median sale price for new construction homes in March 2024.

1. San Jose, CA
   • Number of new construction sales: 41
   • New construction median sale price: $1,735,000
   • New construction median sale price per square foot: $970.27
   • Median sale price for all homes: $1,435,500
   • Difference between new construction and all home sale prices: $299,500
2. Heber, UT
   • Number of new construction sales: 51
   • New construction median sale price: $1,375,000
   • New construction median sale price per square foot: $725.36
   • Median sale price for all homes: $1,052,500
   • Difference between new construction and all home sale prices: $322,500
3. San Francisco, CA
   • Number of new construction sales: 103
   • New construction median sale price: $1,335,000
   • New construction median sale price per square foot: $766.97
   • Median sale price for all homes: $1,051,667
   • Difference between new construction and all home sale prices: $283,333
4. Los Angeles, CA
   • Number of new construction sales: 231
   • New construction median sale price: $1,185,000
   • New construction median sale price per square foot: $644.37
   • Median sale price for all homes: $900,167
   • Difference between new construction and all home sale prices: $284,833
5. Miami, FL
   • Number of new construction sales: 184
   • New construction median sale price: $950,000
   • New construction median sale price per square foot: $430.00
   • Median sale price for all homes: $460,833
   • Difference between new construction and all home sale prices: $489,167
6. New York, NY
   • Number of new construction sales: 283
   • New construction median sale price: $929,500
   • New construction median sale price per square foot: $452.91
   • Median sale price for all homes: $564,167
   • Difference between new construction and all home sale prices: $365,333
7. Boston, MA
   • Number of new construction sales: 290
   • New construction median sale price: $926,997.50
   • New construction median sale price per square foot: $495.07
   • Median sale price for all homes: $624,167
   • Difference between new construction and all home sale prices: $302,830.50
8. San Diego, CA
   • Number of new construction sales: 40
   • New construction median sale price: $904,005
   • New construction median sale price per square foot: $478.71
   • Median sale price for all homes: $855,000
   • Difference between new construction and all home sale prices: $49,005
9. Seattle, WA
   • Number of new construction sales: 380
   • New construction median sale price: $874,250
   • New construction median sale price per square foot: $490.24
   • Median sale price for all homes: $658,767
   • Difference between new construction and all home sale prices: $215,483
10. Sacramento, CA
    • Number of new construction sales: 134
    • New construction median sale price: $675,750
    • New construction median sale price per square foot: $315.22
    • Median sale price for all homes: $538,917
    • Difference between new construction and all home sale prices: $136,833

Data and methodology

A total of 153 metro areas were ranked based on the number of new construction sales in March 2024 according to Zillow data. Data in this study includes the following for all homes (single family homes and condos):

• New construction sales count
• New construction median sales price
• Median sale price per square foot
• Median sale price for all homes (April 2024)