As published on the HBW blog last week (Texas Residential Construction Report – May 2023), there were 9,000 new residential construction permits with a total construction value in excess of $2.5 billion on record for Texas last month. While the previous post highlighted the total number of permits available in the HBW database for the given period, this week we are reviewing the leading home builders driving the latest construction figures in the four major metro areas of the Lone Star State (Dallas, Houston, Austin, San Antonio).
Month after month, D.R. Horton has led new home construction in Texas. During the month of May, the mega-builder had approximately 925 new permits on record from the combined areas of Dallas, Houston, Austin and San Antonio, and it landed as the leading builder in two out of four areas reviewed.
Another top-ranked home builder that consistently makes its mark in Texas is Lennar Homes. Last month, Lennar Homes had nearly 885 new residential construction permits on record with HBW from the four Texas areas reviewed, and it landed on the top five list in all four regions.
As each area of Texas has its own unique construction patterns and local contractors, the volume of new residential construction permits varies for each contractor and region. For this reason, here is a look at the top five home builders by metro area (based on total # of new permits) last month:
Dallas
Builder | Total Permits | Average Value |
1-D.R. Horton | 344 | $ 191,235.00 |
2-Lennar Homes | 280 | $ 197,811.00 |
3-Perry Homes | 167 | $ 459,583.00 |
4-Meritage Homes | 163 | $ 257,726.00 |
5-Trophy Signature Homes | 147 | $ 336,343.00 |
Houston
Builder | Total Permits | Average Value |
1-D.R. Horton | 519 | $ 161,522.00 |
2-Lennar Homes | 405 | $ 175,420.00 |
3-K Hovnanian Homes | 226 | $ 157,858.00 |
4-Perry Homes | 190 | $ 384,084.00 |
5-Chesmar Homes | 140 | $ 207,972.00 |
Austin
Builder | Total Permits | Average Value |
1-KB Homes | 71 | $ 285,861.00 |
2-Perry Homes | 70 | $ 529,317.00 |
3-D.R. Horton | 61 | $ 207,651.00 |
4-Lennar Homes | 52 | $ 150,387.00 |
5-Taylor Morrison Homes | 49 | $ 393,294.00 |
San Antonio
Builder | Total Permits | Average Value |
1-Lennar Homes | 146 | $ 151,165.00 |
2-LGI Homes | 68 | $ 158,019.00 |
3-Continental Homes of Texas | 45 | $ 163,212.00 |
4-KB Homes | 44 | $ 205,819.00 |
5-Century Communities | 41 | $ 174,790.00 |
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.