Residential real estate sales value in the U.S. 2018-2024, with a forecast by 2029

Published by Statista Research Department, Dec 12, 2024
The real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in the United States was forecast to continuously increase between 2024 and 2029 by in total 212.4 billion U.S. dollars (+14.6 percent). After the sixth consecutive increasing year, the real estate transaction value is estimated to reach 1.7 trillion U.S. dollars and therefore a new peak in 2029.

Find further information concerning the real estate transaction value in the real estate market in El Salvador and the real estate transaction value in the real estate market in the Dominican Republic.

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Value of residential real estate transactions in the United States from 2018 to 2024, with a forecast until 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Residential real estate transactions refer to the buying, selling, or transfer of ownership of residential properties such as single-family homes, condominiums, townhouses, and apartments. These transactions involve a number of steps and parties, including buyers, sellers, real estate agents, attorneys, lenders, and title companies.

Additional information:

The KPIs covered in this market are the real estate transactions revenue and the average revenue transaction value.

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