HBW Report: Florida Residential Construction – March 2020

A review of permit data for new home construction in Florida during the month of March 2020

During the month of March, there were more than 7,400 housing starts with a total construction value of approximately $2 billion in Florida.  Based on the latest permit data available from the HBW database, out of the five major regions reviewed (Southwest, Tampa, Orlando, Southeast, Jacksonville), Southwest Florida ranked #1 for highest concentration of new residential construction (1,899 permits), while Orlando led for highest average value of new home construction (average value: $315,585).

As for builders, the major players in the Florida market remain Lennar Homes (1,024 permits) and D.R. Horton (1,018 permits), as both held the greatest total amount of housing starts in Florida in comparison to other home builders with new permits on record with HBW for the one-month period.

Here is a breakdown of total permits, leading counties and top home builders for each Florida region reviewed during the month of March 2020:

Southwest

Total permits: 1,899

Average Value of Construction: $255,567

Top County for Total Permits: Lee County – 614 permits

Top three home builders based on total new permits for March 2020:

Builder Total Permits
Lennar Homes 289
D.R. Horton 229
Pulte Homes 205

 

Tampa

Total permits: 1,858

Average Value of Construction: $284,350

Top County for Total Permits: Polk County – 661 permits

Top three home builders based on total new permits for March 2020:

Builder Total Permits
D.R. Horton 273
Lennar Homes 269
Pulte Homes 98

 

Orlando

Total permits: 1,389 permits

Average Value of Construction: $315,585

Top County for Total Permits: Orange County – 462 permits

Top three home builders based on total new permits for March 2020:

Builder Total Permits
Lennar Homes 219
D R Horton Inc 156
Taylor Morrison 103

 

Jacksonville

Total permits: 1,149

Average Value of Construction: $233,016

Top County for Total Permits: Duval County – 482 permits

Top three home builders based on total new permits for March 2020:

Builder Total Permits
D.R. Horton 214
Dream Finders Home 133
Lennar Homes 125

 

Southeast

Total permits: 1,109

Average Value of Construction: $297,565

Top County for Total Permits: St. Lucie – 454 permits

Top three home builders based on total new permits for March 2020:

Builder Total Permits
GL Building Corp 149
D.R. Horton 146
Lennar Homes 122

 

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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