Florida Top Home Builders Report – October 2018

An HBW report on new residential construction permitting activity and the leading builders by region during the month of October 2018

During the month of October, Lennar Homes and D.R. Horton were jockeying for position throughout the Sunshine State as both landed as the #1 and #2 top builders for total permits across all major regions (Southwest, Jacksonville, Tampa, Orlando, Southeast).  From the five major regions reviewed, there were more than 6,420 new residential construction permits with a total value of approximately $1.8 billion added to the HBW database.  The greatest number of housing starts took place in the southwestern portion of the state (1,527 permits), while the lightest amount of new construction activity could be found in the southeastern region (926 permits).

Here is a closer look at the new permitting activity and the leading home builders by area:

Southwest Florida

As previously mentioned, the southwest region had the highest concentration of housing starts last month.  Nearly 1,530 new residential construction permits with a total value nearing $387M were added to the HBW database for the one-month period.

Out of the 280 active home builders on file for the one-month period, the following ranked as the top five for total new residential construction permits on file:

Company # of Permits Average Construction Value
Lennar Homes 213  $    246,941.00
D.R. Horton 211  $    216,661.00
Pulte Homes 147  $    230,280.00
Neal Communities of SW FL 95  $    204,340.00
Mattamy Homes 49  $    240,453.00

 

Jacksonville

The Jacksonville area ranked second highest for total new permits, having more than 1,340 housing starts with a total value of nearly $323M added to the database.

Out of the more than 160 active home builders in the area last month, the following ranked as the top five for total new permits on file:

Company # of Permits Average Construction Value
D.R. Horton 228  $    168,629.00
Lennar Homes 171  $    254,307.00
Dream Finders Home 92  $    256,858.00
Mattamy Homes 65  $    278,381.00
American Classic Homes 65  $      82,738.00

 

Orlando

When looking at volume of housing starts last month, Orlando was similar to Jacksonville as there were 1,338 permits added to the database; that being stated, the average value of construction ran significantly higher in the Orlando area, leading to a total construction value of ~$411M.

Out of the 185+ active home builders in the area last month, the following ranked as the top five for total new residential construction permits on file:

Company # of Permits Average Construction Value
D.R. Horton 181  $    273,156.00
Lennar Homes 178  $    260,166.00
Park Square Homes 76  $    216,538.00
M/I Homes 60  $    337,444.00
Pulte Homes 58  $    339,106.00

 

Tampa

Last month, there were nearly 1,290 housing starts with a total construction value of more than $378M in the Tampa area.

Out of the 185 active home builders on file for the month, the following ranked as the top five for total new residential construction permits:

Company # of Permits Average Construction Value
Lennar Homes 229  $    343,964.00
D.R. Horton 156  $    244,052.00
Pulte Homes 71  $    297,988.00
The Villages of Lake Sumter 65  $    257,421.00
M/I Homes 48  $    365,058.00

 

Southeast Florida

The southeastern region of Florida held the lightest volume of housing starts last month, having nearly 930 new permits with a total value of approximately $271M added to the HBW database.

Out of the 215 active home builders in the area last month, the following ranked in the top five for total new permits on file:

Company # of Permits Average Construction Value
Lennar Homes 130  $    161,182.00
D.R. Horton 59  $    235,499.00
GL Building Corp 45  $    549,708.00
Pulte Homes 38  $    359,134.00
Standard Pacific Homes 33  $    474,974.00

 

To gain more information on the builders, homeowners and permits for the construction activity above, check out HBW for your copy of the latest construction data reports. To gain access to the HBW database and receive custom and detailed reports on the latest residential and commercial building activity in Florida, Georgia, Texas, Alabama, and Oklahoma, please contact HBW for details.

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