How is New Construction Doing in College Station?

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September 30, 2008

How is New Construction Doing in College Station?

 

January – August 2008

Type of Permit
Permit
Unit
Amount
Single-Family- Home
405
405
$61,361,539
Duplex
34
68
$5,387,633
Tri-Plex/Four-Plex
2
6
$515,350
Apartment
28
405
$4,553,525
New Commercial
61
n/a
$124,515,739
Commercial Remodel
79
n/a
$6,255,518

 So what does it all mean?

Single-Family Homes (not including slab onlys)
          January – August (YTD – 1yr)
                 Down 14%
          January- August (YTD – 2yr)
                 Down 19%
Year-to-date, single family home permits decreased in quantity when compared to last year this time, August 2007, and decreased when compared with two years ago, August 2006.
 
Commercial (Does not include slab onlys)
          January – August (YTD – 1yr)
                Up 3%
          January – August (YTD – 2yr)
                Up 10%
Year-to-date, commercial permits experienced an increase in quantity when compared to last year at this time, August 2007, and an increase compared with two years ago, August 2006.
 
Total Permits
          January – August (YTD – 1yr)
               Up 1%
          January – August (YTD – 2 yr)
              No change
Year-to-date, total permits experienced an increase in quantity when compared to last year at this time, August 2007, and experienced no change when compared with two years ago, August 2006.

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