More Than Two-Thirds of New-Home Listing Views Come From Outside Their Metro Area

In Q2 2026, 67.2% of views to new-construction home listings came from buyers outside the listing metro, higher than the 65.4% for existing homes. Southern markets attracted the most out-of-metro interest, with builders using more price cuts (20%) than existing-home sellers (18.6%). The median new home price was $450,256, stable year-over-year, with a 10.3% premium over existing homes. New homes averaged 2,050 sq ft, priced at $217 per sq ft.