As reviewed in our post earlier this week (“Florida Residential Construction Review – February 2024”), there were approximately 6,500 new residential construction permits with a total value of $2.15 billion on record with HBW for the Sunshine State last month. While the previous report identified the leading regions and counties for new home construction, today we are looking at the leading home builders that are driving the new home construction figures throughout the state and within the following five major regions: Southwest, Tampa, Orlando, Jacksonville, and Tampa.
Statewide, two contractors were standouts when it comes to new residential construction permits – Both Lennar Homes and D.R. Horton led the market, having 762 and 752 new permits respectively last month, accounting for nearly 25 percent of all new permits collected statewide.
Here is a closer look at the top five home builders in each Florida region based on the total number of new residential construction permits on record with HBW last month:
Tampa
There were 200 active home builders with new construction on record in the Tampa area last month, and the following ranked as the top five for total new permits for the one-month period:
Builder | Total Permits | Average Value |
1-D.R. Horton | 299 | $ 260,847.00 |
2-Lennar Homes | 252 | $ 316,073.00 |
3-Pulte Homes | 100 | $ 334,404.00 |
4-Starlight Homes Florida | 85 | $ 168,216.00 |
5-Meritage Homes | 77 | $ 281,658.00 |
Southwest
In the southwestern region of Florida there were more than 330 builders with new home construction on record last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Lennar Homes | 233 | $ 195,197.00 |
2-D.R. Horton | 173 | $ 200,377.00 |
3-Taylor Morrison | 91 | $ 157,989.00 |
4-Pulte Homes | 83 | $ 219,251.00 |
5-Neal Communities of SW FL | 53 | $ 227,724.00 |
Orlando
In the Orlando area, there were nearly 170 contractors with new home construction on record last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Pulte Homes | 156 | $ 357,447.00 |
2-D.R. Horton | 121 | $ 321,941.00 |
3-Lennar Homes | 93 | $ 144,481.00 |
4-Meritage Homes | 75 | $ 391,610.00 |
5-M/I Homes | 45 | $ 355,920.00 |
Jacksonville
In Jacksonville, there were 145 contractors with new home 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 | 146 | $ 271,598.00 |
2-D.R. Horton | 108 | $ 199,682.00 |
3-Dream Finders Homes | 101 | $ 229,317.00 |
4-Pulte Homes | 69 | $ 282,550.00 |
5-Middleburg Construction | 58 | $ 251,971.00 |
Southeast
Last month, there were 140 home builders with new permits on record with HBW in the southeastern region last month, and the following ranked as the top five for total new permits:
Builder | Total Permits | Average Value |
1-Pulte Homes | 83 | $ 422,508.00 |
2-GL Building Corporation | 79 | $ 360,658.00 |
3-Minto Communities | 62 | $ 273,155.00 |
4-D.R. Horton | 51 | $ 216,176.00 |
5-GL Homes | 42 | $ 712,055.00 |
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.