Texas Top Home Builders – May 2019

A review of the HBW database, the latest construction permit data and leading builders in the Lone Star State during the month of May 2019

Based on the latest review of the HBW database and new residential construction permit data from Texas, there was an excess of 5,800 housing starts with a total construction value of approximately $1.4 billion last month.  Out of the four major metro areas reviewed (Houston, Dallas, Austin, San Antonio), Houston held the greatest amount of new residential construction permits (2,343 permits), while the highest average value of new construction took place in Dallas (average value: $287,670).

Here is a look at the latest residential construction activity and leading builders by area for the month of May in Texas:

Houston

Last month, the greatest volume of new residential construction could be found in the Houston area where there were 2,343 housing starts holding a total construction value of nearly $483 million.  The average value of construction was $206,084, and more than half of all new construction took place in Harris County (1,254 permits).

Out of the more than 305 active builders on file last month, the following ranked as the top five for total new permits:

Builder Total Permits  Total Value
1 – K Hovnanian Homes 200  $   27,878,853.00
2 – Lennar Homes 182  $   31,263,574.00
3 – Taylor Morrison Homes 134  $   23,224,531.00
4 – Perry Homes 126  $   30,185,790.00
5 – KB Homes 100  $   17,303,800.00

 

Dallas

Dallas ranked #2 for new residential construction having nearly 1,810 new permits with a total construction value of approximately $520 million on file last month.  As previously mentioned, the average value of construction was highest in Dallas at $287,670, and the counties with the greatest concentration of housing starts included Dallas County (425 permits) and Tarrant County (493 permits).

Out of the 250 active home builders in the Dallas area last month, the following ranked as the top five for total new permits on file with HBW:

Builder Total Permits  Total Value
1 – D.R. Horton 254  $   54,762,521.00
2 – Lennar Homes 149  $   34,151,048.00
3 – Pulte Homes 90  $   20,142,040.00
4 – Highland Homes 81  $   27,690,069.00
5 – Bloomfield Homes 67  $   20,275,723.00

 

Austin

Last month, there were nearly 1,235 housing starts with a total construction value of nearly $310 million in Austin.  The average value of construction was on the higher end of the spectrum coming in at $251,243, and the bulk of all new construction activity originated from Travis County (822 permits).

Out of the more than 120 active home builders on file for the month, the following ranked as the top five for total new permits:

Builder Total Permits  Total Value
1 – D.R. Horton 111  $   21,946,815.00
2 – Lennar Homes 98  $   20,435,353.00
3 – Pulte Homes 85  $   23,590,050.00
4 – Urbana Homes 67  $     7,250,293.00
5 – Gehan Homes 58  $   18,789,385.00

San Antonio

In San Antonio, there were approximately 425 housing starts with a total construction value of nearly $88 million during the month of May.  The average value of construction was on the lower end of the spectrum (average value: $207,203), and more than half of all new permits originated from Bexar County (291 permits).

Out of the more than 80 active home builders in the area, the following ranked as the top five for total new permits last month:

Builder Total Permits  Total Value
1 – Continental Homes of Texas 52  $ 13,042,485.00
2 – Lennar Homes 52  $   7,027,330.00
3 – Fieldstone Communities SA 52  $   5,279,890.00
4 – KB Homes 45  $   9,154,615.00
5 – Bella Vista CMI 31  $   8,546,162.00

 

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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