Tag Archive for ‘new single family homes’

New Homes Built with Private Wells and Individual Septic Systems in 2021

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2021 are served by individual wells and 16% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 36% and 44% in New England – the highest occurrence rates in the… Read More ›

One in Four New Homes are Infills or Teardowns in Older Neighborhoods

According to the latest Annual Builder Practices Survey (ABPS), one in four new single-family detached homes were built in established neighborhoods in 2020. This includes 19% of new homes that were built on infill lots and 6% that involved tearing down an old building prior to building a brand new single-family detached home. These shares vary significantly across the United… Read More ›

New Homes Built with Private Wells and Individual Septic Systems in 2020

According to NAHB Economics analysis of the Survey of Construction (SOC) data, almost 9% of new single-family homes started in 2020 are served by individual wells and 15% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 36% and 42% in New England – the highest occurrence rates in the… Read More ›

Lot Values Surge at Record Breaking Pace

Lot values for single-family detached homes started in 2020 surged 18%, according to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data. As a result, the median lot price reached a new record high of $53,000. Though an 18% jump in lot values is unprecedented, it is consistent with other significant building material price hikes and undeniable supply… Read More ›

New Homes Built with Private Wells and Individual Septic Systems in 2019

NAHB Economics analysis of the Survey of Construction (SOC) data shows that about 9% of new single-family homes started in 2019 were served by individual wells and almost 17% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 37% and 45% in New England – the highest occurrence rates in… Read More ›

Lot Values Down in 2019

According to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC) data, median single-family lot prices came down in 2019, breaking their relentless climb for the first time since 2013. The 2019 median lot price was $45,000, which amounts to a 9% decline since 2018, when half of the lots were selling at or above $49,500. The West divisions… Read More ›

Lot Size Hits New Record Low in 2019

For the first time since the Census Bureau started tracking lot sizes for new single-family detached homes, the median lot size for homes sold in 2019 dropped to 8,177 square feet, or 0.188 of an acre. This represents a solid drop of 390 square feet since 2018 and a new record low. The shrinking median lot size largely reflects the… Read More ›

Number of Bathrooms in New Homes

The Census Bureau’s latest Survey of Construction (SOC) shows changes in the number and shares of bathrooms and half-bathrooms of single-family homes started in the United States in 2018. The latest year’s data show that 3% of new single-family homes started had one bathroom or less, 64% had 2 bathrooms, 26% had 3 bathrooms, and 8% had 4 bathrooms or… Read More ›

New Homes Built with Private Wells and Individual Septic Systems in 2018

NAHB Economics analysis of the Survey of Construction (SOC) data shows that about 9% of new single-family homes started in 2018 were served by individual wells and almost 16% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 31% and 37% in New England – the highest occurrence rates in… Read More ›

New Homes Built with Private Wells and Individual Septic Systems in 2017

NAHB Economics analysis of the Survey of Construction (SOC) data shows that about 9% of new single-family homes started in 2017 were served by individual wells and more than 16% have private septic systems. These shares, however, vary widely across the nine Census divisions with the corresponding shares reaching 39% and 43% in New England – the highest occurrence rates… Read More ›