Texas Manufactured Housing Sales in December 2018

December

Titles for new homes sold in December came in at 962 homes. This was a -2.1% decline from November, but an 8.9% increase over December of 2017. Multi-section home sales were up across both months of comparison while single-section home sales were down -10.1% from November, but up 4.5% from December 2017.

New SalesSinglesMultisTotal
Total for December: 465 497 962
Change from November: -10.1% 6.7% -2.1%
Change from December of 2017: 4.5% 13.5% 8.9%

Ector County once again landed in the top spot for installations of new homes with Midland County moving up into the second position. Harris and Bexar counties both had declines in new home installations, while an increase over November brought Montgomery County into fourth on the list.

Top Five Counties for New Installs this MonthTotalChange (MoM%)
Ector 54 3.8%
Midland 43 2.4%
Harris 42 -10.6%
Montgomery 38 31%
Bexar 31 -13.9%

Titles for used homes sold in December were up from both November and December of 2017.

Used SalesSinglesMultisTotal
Total for December: 162 85 247
Change from November: 11.7% 0% 7.4%
Change from December of 2017: 26.6% -15% 8.3%

Annual Totals

With the inclusion of December sales titles, 2018 came in at 15,116 total new homes sold. The year’s total is 15.6% higher than where 2017’s new home sales were at a year ago. Both the single-section and multi-section markets had solid year-over-year growth.

New SalesSinglesMultisTotal
Total for 2018 through December: 7,866 7,250 15,116
Change from 2017 (%): 14% 17.4% 15.6%
Change from 2017 (Units): 965 1,075 2,040

Looking at the county totals for new home installations on the year you can see again how much the growth came from the Permian Basin counties. The 72% growth in Ector translates to an additional 237 homes that were installed there. Midland’s 148% growth equaled 330 additional homes installed there.

Other counties that had large YoY gains include additional oil producing counties Reeves with an additional 133 homes installed and Ward with 118 more homes than 2017.

Elsewhere in the state Orange County led the Harvey recovery counties with 101 additional homes.

Top Five Counties for New Installs this YearTotalChange (YoY%)
Harris 648 1.9%
Ector 566 72%
Montgomery 558 10.9%
Midland 553 148%
Liberty 449 9.5%

Used sales finished the year up 8.1% over 2017, with single-sections driving the growth.

Used SalesSinglesMultisTotal
Total for 2018 through December: 3,254 1,331 4,585
Change from 2017 (%): 15.4% -6.3% 8.1%
Change from 2017 (Units): 434 -90 344

January Preliminary Data

The preliminary data for January is mixed as we head into 2019 sales reporting. New home sales are down -6.8% from December but up 12.9% over 2018.

New SalesSinglesMultisTotal
Total for January: 355 363 718
Change from December: -8.3% -5.2% -6.8%
Change from January of 2018: 10.6% 15.2% 12.9%

Used sales are down a sharp -28.9% from December but are likewise up over 2018.

Used SalesSinglesMultisTotal
Total for January: 99 46 145
Change from December: -23.3% -38.7% -28.9%
Change from January of 2018: 11.2% -2.1% 6.6%

November Revisions

RevisionsSinglesMultisTotal
New sales increased: +36 +59 +95
Used sales increased: +12 +2 +14

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* Note: These calculations are based on titles processed by TDHCA that were submitted on time. Late submissions will impact these figures going forward.