Texas Residential Construction Report – July 2019

An HBW review of the latest residential construction permits for Texas during the month of July 2019

Last month, there were more than 6,460 new residential permits added to the HBW database for Texas.  From the four major metro areas reviewed (Dallas, Houston, Austin, San Antonio), more than 42 percent of new construction activity originated from Houston (2,805 permits), while the highest average value of new construction was found in Dallas (average value: $294,993).

Here is a closer look at new residential construction permit data from Texas, and the leading builders by area, for the month of July 2019:

Houston

As previously mentioned, Houston ranked #1 out of the four major metro areas reviewed for total new residential construction permits last month.  There were more than 2,800 housing starts with a total construction value in excess of $577 million in the Houston area, and more than half took place in Harris County (1,411 permits).  The average value of construction landed on the lower end of the spectrum in comparison to the other metro areas reviewed, coming in at $205,712.

Out of the nearly 345 active home builders in the area, the following ranked as the top five for total permits on file with HBW for the month:

Builder Total Permits
D.R. Horton 198
Lennar Homes 194
K Hovnanian Homes 159
Perry Homes 136
KB Homes 116

 

Dallas

While Dallas held the highest average value of new home construction last month (average value: $294,993), it ranked second for total new permits on file with HBW; during the month of July, approximately 2,010 new permits with a total construction value of nearly $593 million were added to the HBW database, and more than half of all new construction originated from Tarrant County (720 permits) and Collin County (422 permits).

Out of the nearly 275 active home builders in the area last month, the following ranked as the top five for total new permits on file with HBW:

Builder Total Permits
D.R. Horton 266
Pulte Homes 117
First Texas Homes 85
Highland Homes 66
Bloomfield Homes 65

 

Austin

Austin ranked third for new home construction last month as there were 1,115 new permits with a total construction value of approximately $290.5 million added to the HBW database.  Nearly all new construction took place in the counties of Travis (631 permits) and Williamson (411 permits), and the average value of construction was $260,592.

Out of the more than 115 active home builders in the area, the following ranked as the top five for total new permits:

Builder Total Permits
Pulte Homes 116
D.R. Horton 98
Lennar Homes 92
Gehan Homes 83
Milestone Community Builders 74

 

San Antonio

Last month, there were more than 530 housing starts with a total construction value in excess of $107 million in San Antonio.  The average value of new home construction was lower in San Antonio than other Texas metro areas reviewed (average value: $201,827), and the majority of all new permits originated from Bexar County (433 permits).

Out of the approximately 110 active home builders on file for the month, the following ranked as the top five for total new permits added to the HBW database:

Builder Total Permits
LGI Homes 62
KB Homes 42
Rausch Coleman Homes 41
Lennar Homes 40
New Leaf Homes 23

 

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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