According to data from the Census Bureau’s Survey of Construction (SOC), 60.7 percent of all homes started in 2017 were built within a community or homeowner’s association. The Census Bureau defines community or homeowner’s associations as “formal legal entities created to maintain common areas of a development and to enforce private deed restrictions; these organizations are usually created when the development is built, and membership is mandatory.”
The share of all new homes built within a community or homeowner’s association has increased over the years. In 2009, the share was 47.6 percent, and in 2010, 48.0 percent. Since 2011, more than 50 percent of all homes have been built within a community or homeowner’s association. In 2017, the share was 60.7 percent, the highest since records began in 2009.
When analyzed by the 9 census divisions, the highest share was in the Mountain Division, where 78.8 percent of new homes were in such communities. In the New England Division, on the other hand, the share was only 22.2 percent.
In the South Atlantic Division, 70.9 percent of new homes in 2017 had a community or home owner’s association, followed by the West South Central Division at 69.7 percent, and the Pacific Division at 54.0 percent.
In the West North Central and East North Central Divisions, 48.1 percent and 46.3 percent of new homes started in 2017 were within a community or home owner’s association, respectively. In the East South Central Division, the share was 33.9 percent, while in the New England Division, it was 32.2 percent.
It would be extremely interesting to learn what average fees are and what amenities they included.