Last month, there were approximately 5,800 new residential construction permits with a total value in excess of $1.7 billion in the Lone Star State. Out of the four major metropolitan areas factored into the total (Dallas, Houston, Austin, San Antonio), Houston carried the highest concentration of new home construction activity (2,493 permits), while the highest average value of construction could be found in the Austin area (average value: $385,383).
Diving deeper into HBW’s monthly construction data reports, several home builders were identified as leading new construction across the state – Based on the total new permits on record with HBW for the one-month period, both D.R. Horton and Lennar Homes continue to dominate the market, having 709 and 521 new residential permits on record respectively.
Here is a closer look at the leading home builders by Texas metro area and as based on total new residential construction permits added to the HBW database during the month of September 2023:
Last month, there were nearly 2,500 new residential construction permits with a total value of approximately $679 million in the Houston area.
Out of 275 active contractors with new construction activity on record in the Houston area last month, the following ranked as the top five for total new permits:
|4-David Weekley Homes||124|
In the Dallas area, there were approximately 2,150 new residential construction permits with a total value of nearly $669 million during the month of September.
Out of approximately 240 contractors with housing starts in the area, the following ranked as the top five for total new permits:
In the Austin area, there were approximately 607 housing starts with a total construction value of approximately $234 million last month.
Out of nearly 100 contractors with new residential construction activity on record for the one-month period, the following ranked as the top five for total new permits:
Last month, there were approximately 550 new permits with a total construction value of nearly $135.3 million in San Antonio.
Out of more than 85 home builders with new permits added to the HBW database during the one-month period, the following ranked as the top five for total new permits:
|5-Continental Homes of Texas||17|
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.