Texas Manufactured Housing Sales in July 2022 and the August Early Read
August Preliminary Data
New manufactured home sales moved lower in August according to the titles issued to date, with sales declining a seasonally adjusted -0.3% from July. The year-over-year comparison looks better with the raw total currently running +5.6% over August of 2021.
New home sales for the month are only trailing August of 2018 and 2020.
The forecast for new homes sold in August based on the sales titled to date is 1,450 (+/- 196).
New Sales | Singles | Multis | Total |
---|---|---|---|
Total for August: | 457 | 530 | 987 |
Change from July (Raw %): | 9.1% | 8.8% | 8.9% |
Change from July (Raw Units): | 38 | 43 | 81 |
Change from July (SA %): | -3.7% | 2.6% | -0.3% |
Change from August of 2021 (%): | 0.9% | 10% | 5.6% |
Change from August of 2021 (Units): | 4 | 48 | 52 |
Used Sales | Singles | Multis | Total |
---|---|---|---|
Total for August: | 168 | 58 | 226 |
Change from July (Raw %): | 21.7% | 9.4% | 18.3% |
Change from July (Raw Units): | 30 | 5 | 35 |
Change from July (SA %): | 5.8% | 7% | 7% |
Change from August of 2021 (%): | -7.2% | -4.9% | -6.6% |
Change from August of 2021 (Units): | -13 | -3 | -16 |
July Data
New home sales titled to date for July fell a seasonally adjusted -10.2% from the previous month, and were down -12% from 2021.
The updated forecast for total new homes sold in July moved down slightly to 1,283 (+/- 110).
New Sales | Singles | Multis | Total |
---|---|---|---|
Total for July: | 470 | 596 | 1,066 |
Change from June (Raw %): | -29.5% | -15.2% | -22.2% |
Change from June (Raw Units): | -197 | -107 | -304 |
Change from June (SA %): | -20.8% | -5.9% | -10.2% |
Change from July of 2021 (%): | -18.1% | -6.6% | -12% |
Change from July of 2021 (Units): | -104 | -42 | -146 |
New Home Characteristics for July | Singles | Multis | Total |
---|---|---|---|
Median Age of Home (Days): | 128.5 | 101 | 114 |
Average Square Feet: | 1,115 | 1,821 | 1,510 |
Top Five Counties for New Installs | Total | Change (MoM%) |
---|---|---|
Liberty | 46 | -27% |
Harris | 38 | -7.3% |
Bastrop | 37 | 2.8% |
Montgomery | 37 | -15.9% |
Bexar | 34 | -8.1% |
Used Sales | Singles | Multis | Total |
---|---|---|---|
Total for July: | 176 | 71 | 247 |
Change from June (Raw %): | -18.9% | -16.5% | -18.2% |
Change from June (Raw Units): | -41 | -14 | -55 |
Change from June (SA %): | -16.2% | -9.2% | -12.9% |
Change from July of 2021 (%): | -12.4% | -26% | -16.8% |
Change from July of 2021 (Units): | -25 | -25 | -50 |
Annual Totals
New home sales for 2022 are now up +2.1% over last year for all retail sales titled through this point in the calendar year.
Single-section sales are up slightly, while multi-section sales are up +3.8%.
The forecast for new home sales on the year moved down to 16,359 (+/- 1,204).
New Sales | Singles | Multis | Total |
---|---|---|---|
Total for 2022 titled to date: | 4,949 | 5,592 | 10,541 |
Change from 2021 (%): | 0.3% | 3.8% | 2.1% |
Change from 2021 (Units): | 14 | 207 | 221 |
New Home Characteristics for 2022 | Singles | Multis | Total |
---|---|---|---|
Median Age of Home (Days): | 112 | 102 | 106 |
Average Square Feet: | 1,105 | 1,833 | 1,491 |
Top Five Counties for New Installs | Total | Change (YoY%) |
---|---|---|
Liberty | 448 | -12.3% |
Harris | 422 | 14.7% |
Montgomery | 382 | -11.8% |
Bexar | 326 | 6.5% |
Bastrop | 285 | 16.3% |
Used Sales | Singles | Multis | Total |
---|---|---|---|
Total for 2022 titled to date: | 1,895 | 773 | 2,668 |
Change from 2021 (%): | 0.7% | -12.1% | -3.3% |
Change from 2021 (Units): | 14 | -106 | -92 |
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.
New Sales Month | Singles | Multis | Total | (YoY%) |
---|---|---|---|---|
January | 515 | 575 | 1,090 | 4.7 |
February | 504 | 579 | 1,083 | 16.0 |
March | 710 | 811 | 1,521 | 2.3 |
April | 672 | 772 | 1,444 | -1.9 |
May | 671 | 745 | 1,416 | -3.1 |
June | 727 | 746 | 1,473 | 10.8 |
Used Sales Month | Singles | Multis | Total | (YoY%) |
---|---|---|---|---|
January | 214 | 92 | 306 | -23.3 |
February | 212 | 84 | 296 | 13.4 |
March | 267 | 122 | 389 | -2.0 |
April | 252 | 115 | 367 | -5.4 |
May | 305 | 119 | 424 | 25.1 |
June | 252 | 92 | 344 | -5.2 |
Note: These calculations are based on titles processed by TDHCA through 2022-10-17. Late submissions will impact these figures going forward.
Charts
The first chart shows monthly sales totals for each year with only titles processed through 10-17.
Note: These calculations are based on titles processed by TDHCA through 2022-10-17. Late submissions will impact these figures going forward.
The second chart shows monthly totals at the official release date for each month. All of these totals have moved up since release, and the most recent totals can be seen in the chart below this one.
Note: These calculations are based on titles processed by TDHCA through 2022-10-17. Late submissions will impact these figures going forward.
The third 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 2022-10-17. 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. Retail sales have not beaten shipments in any month since July of 2021.
Note: These calculations are based on titles processed by TDHCA through 2022-10-17. Late submissions will impact these figures going forward.
Here are the 12-month moving averages for shipments and retail sales through June sales. 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 2022-10-17. 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 2022-10-17. 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 2022-10-17. Late submissions will impact these figures going forward.
TMHA’s Market Research Reports and Tools
Total Market
- Total Retail Sales Market (25-month)
- Manufactured Home Builders Stock Index (2018-2022 YTD)
- “Mobile Homes for Sale” Google Search Interest (2012-2022 YTD)
- Producer Price Index for Manufactured Homes (2014-2022 YTD)
- Average Sales Price of New Homes in the South (2012-2022 YTD)
- New Home Retail Sales by Installation County Interactive (2012-2022 YTD)
- Retail Sales by Installation County (2012-2022 YTD)
Retailer
- My Stats Dashboard (24-month)
- Annual Retailer Sales Totals (2012-2022 YTD)
- Monthly Retailer Sales Totals (2012-2022 YTD)
- Individual Retailer Sales by Installation County (2012-2022 YTD)
Manufacturer
- Annual Manufacturer Retail Sales (2012-2022 YTD)
- Monthly Manufacturer Retail Sales Totals (2012-2022 YTD)
- Manufacturer New Home Totals per Retailer (2012-2022 YTD)
- Annual New Home Retail Sales by Manufacturer Model (2012-2022 YTD)
- Annual Manufacturer Shipments Report (2014-2022 YTD)
- Monthly Manufacturer Shipments Report (2012-2022 YTD)
Communities
Lender
- Annual Lender Lien-Attached Retail Sales (2012-2022 YTD)
- Monthly Lender Lien-Attached Retail Sales (2012-2022 YTD)