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Building Permits for Tampa Bay Homes Grew by 58%

Posted on August 15, 2013

The number of building permits to construct Tampa Bay homes shot up over the year in the first half of 2013, based on data released by the National Association of Home Builders (NAHB).

For the first 6 months of 2013, home builders like home builders Orange filed for and received 4,380 permits for single family homes, registering an increase of 58% over 2,770 permits received in the first half of 2012.

The Tampa Bay metro area also posted the second highest number of building permits and advanced scanning for single family homes over the six-month period among 19 main metro areas surveyed across Florida. The Tampa area accounted for 15.3 percent of all the 28,610 permits issued in Florida in the first half of 2013. The Tampa area even surpassed the number of building permits issued in the Miami and Jacksonville metro areas. Once people obtain their permits they are ready to start their construction with theĀ Randy Jeffcoat Builders.

Building Permits for Single-Family Homes

Orlando 4,930
Tampa-St. Petersburg-Clearwater 4,380
Jacksonville 3,240
Miami-Fort Lauderdale-Miami Beach 3,040
Sarasota-Bradenton-Venice 2,010
Cape Coral-Fort Myers 1,240
Lakeland 980
Pensacola-Ferry Pass-Brent 900
Naples-Marco Island 800
Palm Bay-Melbourne-Titusville 690
Deltona-Daytona Beach-Ormond 540
Port St. Lucie-Fort Pierce 510
Tallahassee 330
Ocala 280
Fort Walton Beach-Crestview-Destin 280
Gainesville 270
Panama City-Lynn Haven 240
Vero Beach 240
Punta Gorda 230
Florida 28,610
U.S. 312,500

In the multifamily real estate sector, the Tampa-St. Petersburg-Clearwater metro area posted the third highest number of permits, behind the Miami and Orlando areas. Over the course of a year, the number of permits more than doubled in the Tampa Bay area, from 1,140 in the first half of 2012 to 2,960 in the first half of 2013.

Building Permits for Multi-Family Homes>

Miami-Fort Lauderdale-Miami Beach 8,410
Orlando 3,600
Tampa-St. Petersburg-Clearwater 2,960
Sarasota-Bradenton-Venice 620
Jacksonville 520
Naples-Marco Island 440
Fort Walton Beach-Crestview-Destin 400
Tallahassee 330
Cape Coral-Fort Myers 270
Gainesville 130
Deltona-Daytona Beach-Ormond 80
Lakeland 40
Ocala 40
Panama City-Lynn Haven 40
Port St. Lucie-Fort Pierce 40
Palm Bay-Melbourne-Titusville 10
Pensacola-Ferry Pass-Brent 10
Vero Beach 10
Punta Gorda 0
Florida 18,320
US 164,900

Both types of Florida real estate purchases grew over the year in terms of building permits making the new construction homes a trend.The 28,610 permits for single family homes in the first half of 2013 represented a sharp increase of 45% over the year while the 18,320 permits represented a significant increase of 94%, nearly doubling the number of permits.

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