Tag Archive for ‘speculatively built homes’

Sale and Contract Prices per Square Foot in 2015

Looking at single-family homes started in 2015, the median prices, excluding improved lot values, range from $168 per square foot for contractor-built homes in the Pacific division to $78 per square foot for speculatively built homes in the East South Central division. At $168 per square foot, new contractor-built single-family homes in Pacific are the most expensive to build exceeding… Read More ›

Custom and Spec Home Market Shares in 2015

Custom home building registered declining market shares across all regions of the Unites States in 2015, except the New England and East South Central division where the custom home share of new single-family starts remained stable and relatively high. NAHB’s analysis of the most recent Census Bureau’s Survey of Construction (SOC) shows that New England registered the highest custom home… Read More ›

Lot Values at Record High

Single-family lot prices set a new record in 2015, with half of the lots priced at or above $45,000. According to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data, this is the highest median lot value on record and exceeds the previous record of $43,000 reached in 2006, in the midst of the housing boom when twice… Read More ›