A review of new residential construction throughout Texas during the month of April 2021

Based on the latest construction data reports available from HBW, there were approximately 7,745 residential construction permits with a total value of nearly $2 billion added to the HBW database for Texas last month.  Out of the four major Texas metro areas reviewed (Dallas, Houston, Austin, San Antonio), the greatest volume and highest average value of housing starts could be found in the Dallas area where there were 3,263 new permits with an average construction value of nearly $296k for the one-month period.

Here is a closer look at the total permits, construction values and leading counties for new home construction in Texas during the month of April 2021:

Dallas

As noted above, Dallas carried both the greatest volume and highest average value of new home construction in comparison to other Texas areas reviewed last month, having 3,263 new permits with a total construction value in excess of $965.6 million added to the HBW database.  The average value of construction was highest in Dallas (average value: $295,933), and more than half of all new permits originated from the counties of Collin (1,487 permits) and Tarrant (646 permits).

Houston

Last month, Houston ranked #2 for new home construction having 3,090 housing starts with a total construction value in excess of $655 million on record with HBW.  The average value of new residential construction projects was lowest in the Houston area (average value: $212,054) in comparison to other metro areas reviewed, and more than half of all new permits originated from Harris County (1,645 permits).

Austin

In Austin, there were 1,138 housing starts with a total construction value of $294.4 million during the month of April.  The average value of new home construction landed mid-range in Austin (average value: $258,732) in comparison to other Texas areas reviewed, and the majority of all new construction took place in the two counties of Travis and Williamson where there were 538 and 435 new permits respectively.

San Antonio

Last month, there were just over 250 housing starts with a total construction value of approximately $73.5 million in San Antonio.  The average value of new home construction landed on the higher end of the spectrum (average value: $291,623) in comparison to other metro areas reviewed, and more than half of all new construction took place in Bexar County where there were 131 permits on record for the one-month period.

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.