Texas Manufactured Housing Sales Market Analysis

November Preliminary Data

New manufactured home sales in November titled to date are up a seasonally-adjusted +9.5% from the previous month’s sales, and are up +8% from November of 2023.

The forecast for total new homes sold in November based on sales titled to date starts at 1,163 (+/- 70). The upper bound of the prediction interval is 287 homes below the 1,519 shipment total for the month, so aggregate inventory increased in November, but by less than in October.

October Data

New home sales for October titled to date are up a seasonally adjusted +6.2% from the previous month and are up +1.9% on the raw total from October of 2023.

Liberty and Montgomery ended up in the top three for new home installations again this month, but Ector bumped Harris County out, tying the 50 new home sales titled to date in Montgomery County.

The updated forecast for total new homes sold in October moved up with the additional titling data and is now at 1,316 (+/- 70).

October and November sales numbers are currently tracking slightly ahead of 2023, so if that holds we should see the 12-month moving average for retail sales start to move sideways for those months after moving down since April before that.

Annual Totals

New home sales for 2024 are now down -2.5% from 2023 for all retail sales titled through this point in the calendar. Multi-section sales continue on a record pace, but single-section sales remain at their lowest sales total since 2016.

At this point in the calendar for titles issued 2024 sales remain ahead of 2018 sales but are still trailing 2019-2023.

The forecast for new home sales on the year moved up to 15,946 (+/- 203).

Install counties with the most additional new home placements over last year are Hunt, Ector, Wichita, Smith, and Waller.

Install counties with the biggest decline in new home placements from last year are Hidalgo, Hays, Travis, Montgomery, and Harris.

Mailing address cities with the most new home placements over last year are Greenville, Burleson, Tyler, San Antonio, and Fritch.

Mailing address cities with the largest decline in new home placements from last year are Kyle, Austin, Conroe, Katy, and Donna.

Revised Monthly Totals

Because titles continue to come in for past sales months, here are all prior months for the year and what their current sales totals are at this report release.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

Charts

The first chart shows monthly sales totals for each year with only titles processed through 1-17.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17.

Here are the cumulative sales totals for each year with only titles processed through 1-17.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17.

This chart is all sales data in the series to date with single-section and multi-section home totals plotted.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

This chart tracks the difference between shipments and sales each month. Because late title work pushes recent sales totals up, I’m including data through the previous officially released sales month.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

Here are the 12-month moving averages for shipments and retail sales through September. Because late title work pushes recent sales totals up, I’m including data through the previous officially released sales month, but the last several months will move up as title work continues to be processed.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

This chart displays the annual median for the number of days between a home’s date of sale and it’s date of manufacture. Prior to 2/22/21 this chart included sales from manufacturers to communities, it now only includes sales from licensed retailers.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

The final chart is for all used monthly retail sales data. The outliers are typically the result of community purchases were titles move from the previous to the new MHC owner.

Note: These calculations are based on titles processed by TDHCA through 2025-01-17. Late submissions will impact these figures going forward.

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