For the month of September, sales of newly built homes experienced a slight month-over-month decrease of 0.6 percent. This dip was considerably smaller than the 4.5 percent decline that experts had originally estimated. In addition, the sales growth from the previous month was revised downward to a 5.1 percent increase, adjusting the initially reported 6.4 percent gain. Turning to property values, the median price for a new home climbed by 3.9 percent compared to the prior month, reaching $400,400. Meanwhile, the overall average selling price for the month came in at $472,800.