top of page
Search
  • Metro East REIA

Nationwide Median Lot Sizes Just Under 1/5 Acre

The NAHB’s Eye on Housing says that median lot sizes remained low in 2020. According to their data, the median lot size of a new single-family detached home sold in 2020 is 8,306 square feet, or just under one-fifth of an acre. They point out that this is slightly larger but statistically not different from the lowest on record median of 8,177 square feet – which was set one year ago. Interestingly, the share of smaller lots, under 0.16 acres, is now record high at 39%. Continue reading HERE...

3 views0 comments

Recent Posts

See All

Housing Starts & Permits Drop in April ’24

The U.S. government is reporting that privately‐owned housing starts in March, 2024 were at a seasonally adjusted annual rate of 1,321,000, which is 14.7% lower than February’s revised number and is 4

More Baby Boomers Staying Put

A new report from Redfin says that more Baby Boomers are staying put in their homes, versus downsizing and selling. In fact, they found that over than three-quarters (78%) of older American homeowner

Open Construction Jobs Are Rising

A recent report from the NAHB’s Eye on Housing says that due to tightened monetary policy, the count of total job openings for the entire economy has trended lower over the last year. They say this is

bottom of page