Last month, there were more than 7,280 new residential construction permits with a total construction value of nearly $2.2 billion added to the HBW database for the Lone Star State. Out of the four major Metro areas included in the report (Dallas, Houston, Austin, San Antonio), the greatest concentration of new home construction activity could be found in the Houston area (3,158 permits), while the highest average value of new residential construction projects could be found in Austin (average value: $347,779).
Here is a detailed look at the total permits, average value of construction and leading counties for new residential construction in Texas during the month of October 2023:
Houston
Total Permits: 3,158
Total Construction Value: $842 million
Average Value of Construction: $266,630
Leading Counties (based on total new permits): Harris County (1,471 permits), Montgomery County (1,090 permits)
Dallas
Total Permits: 2,794
Total Construction Value: $931.3 million
Average Value of Construction: $333,306
Leading Counties (based on total new permits): Collin County (948 permits), Tarrant County (616 permits)
San Antonio
Total Permits: 738
Total Construction Value: $177 million
Average Value of Construction: $239,338
Leading County (based on total new permits): Bexar County (459 permits)
Austin
Total Permits: 592
Total Construction Value: $206 million
Average Value of Construction: $347,779
Leading County (based on total new permits): Travis County (279 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.