Last month, there were approximately 5,260 new residential construction permits with a total value of nearly $1.7 billion added to the HBW database for Florida; this reflects more than a 30 percent month-over-month decrease in new permits.

Out of the five regions reviewed (Southwest, Tampa, Orlando, Southeast, Northeast), the greatest amount of new home construction took place in the southwestern region of the state, where there were more than 1,480 new permits on record for the one-month period. Next in line, the areas of Tampa and Orlando held high amounts of new construction having 1,048 and 1,022 new permits on record respectively. On the other hand, the areas with the least amount of new residential construction permits for the one-month period were Jacksonville (931 permits) and the southeastern region (775 permits).

When looking at the average value of new home construction, Orlando (average value: $394,674) held a higher value of new residential construction projects, while the lowest average value of permits could be found in the Southwest (average value: $259,654).  Here is a closer look at the average value of new home construction across the Sunshine State last month:

While certain regions predictably held higher concentrations of new home construction, when looking at HBW’s construction data reports from a county-by-county perspective, there were pockets of highly active areas dispersed throughout the state. Based on total number of new permits on record with HBW last month, the following five counties ranked as the top five for total new permits and carried more than 40 percent of all new home construction in the state:

#1. Lee County (Southwest) – 762 permits

#2. Polk County (Tampa) – 469 permits

#3. Manatee County (Southwest) – 368 permits

#4. St. Johns County (Jacksonville) – 280 permits

#5. Duval County (Jacksonville) – 278 permits

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.