As reported on the HBW blog last week, there were approximately 8,760 new residential construction permits with a total value in excess of $2.6B on record for Florida during the month of July 2023. Across the state (Southwest, Tampa, Orlando, Jacksonville, Southeast), two major players in the market continued their lead for new residential construction – those home builders are Lennar Homes and D.R. Horton; for the one-month period, both mega builders had 1,362 and 1,042 new permits on record with HBW respectively, and Lennar Homes ranked #1 for new home construction activity (based on total permits) in three out of five regions reviewed.
Here is a closer look at the leading home builders by Florida region for the month of July 2023:
Southwest
Last month, there were more than 360 home builders in the southwestern region of Florida with new home construction activity on record with HBW, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Lennar Homes | 332 | $ 177,100.00 |
2-Pulte Homes | 232 | $ 215,083.00 |
3-D.R. Horton | 221 | $ 214,143.00 |
4-Taylor Morrison | 149 | $ 229,908.00 |
5-Neal Communities of SW FL | 100 | $ 248,820.00 |
Tampa
In Tampa, there were 205 home builders with new construction activity on record last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Lennar Homes | 573 | $ 316,102.00 |
2-D.R. Horton | 359 | $ 258,589.00 |
3-Meritage Homes | 143 | $ 311,664.00 |
4-KB Homes | 93 | $ 188,754.00 |
5-Pulte Homes | 87 | $ 224,022.00 |
Orlando
There were 170 home builders in the Orlando area that had new residential construction activity on record with HBW last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-D.R. Horton | 181 | $ 326,988.00 |
2-Lennar Homes | 166 | $ 193,065.00 |
3-Pulte Homes | 145 | $ 383,809.00 |
4-Meritage Homes | 111 | $ 288,606.00 |
5-Mattamy Homes | 67 | $ 273,556.00 |
Jacksonville
Last month, there were nearly 135 contractors with new residential construction activity on record in the Jacksonville area, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-D.R. Horton | 199 | $ 189,264.00 |
2-Lennar Homes | 152 | $ 307,145.00 |
3-Pulte Homes | 119 | $ 280,934.00 |
4-Richmond American Homes | 66 | $ 276,909.00 |
5-Dream Finders Homes | 63 | $ 217,359.00 |
Southeast
In the southeastern region of Florida there were 115 home builders with new residential construction activity on record with HBW last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Lennar Homes | 139 | $ 264,489.00 |
2-GL Building Corporation | 102 | $ 415,449.00 |
3-D.R. Horton | 82 | $ 192,641.00 |
4-Mattamy Homes | 69 | $ 193,758.00 |
5-Pulte Homes | 55 | $ 319,023.00 |
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.