Texas Manufactured Housing Sales in October 2019

Thursday, January 16, 2020 9:31:32 AM

October

New home sales for October moved up over September with increases in both single and multi-section sales.

Multi-section sales remain elevated over single-section sales. Total sales were up over October of 2018 with an expansion in multi-section homes sold.

Single-section home sales were down from October of 2018.

New SalesSinglesMultisTotal
Total for October: 520 625 1,145
Change from September (%): 8.8% 10.4% 9.7%
Change from September (Units): 42 59 101
Change from October of 2018 (%): -4.4% 35.3% 13.8%
Change from October of 2018 (Units): -24 163 139

The median age of a new home sold in October moved down slightly for single-section home sales and moved down substantially for multi-section sales compared to last month.

New Home Characteristics for OctoberSinglesMultisTotal
Median Age (Days): 124 74 88
Average Square Feet: 1,119 1,785 1,482

New home installations in Liberty County continued to expand and landed it as the top county for October installs.

Montgomery County bounced back with a big month and took the second spot, while Ector, Harris, and Travis were all down.

Top Five Counties for New Installs this MonthTotalChange (MoM%)
Liberty 59 22.9%
Montgomery 50 61.3%
Ector 44 -2.2%
Harris 44 -17%
Travis 33 -19.5%

Used home sales are down from last month, but the sale of an MH community had pushed September’s total higher than usual for monthly sales.

Used SalesSinglesMultisTotal
Total for October: 167 78 245
Change from September: -46.1% -24.3% -40.7%
Change from October of 2018: -24.8% 5.4% -17.2%

Annual Totals

The year to date gain for 2019 over 2018 moved up to +3.8%. With two months of sales data yet to come new home sales for the state are on pace to break 16,500 homes.

New SalesSinglesMultisTotal
Total for 2019 through October: 6,214 6,776 12,990
Change from 2018 (%): -5.5% 14.1% 3.8%
Change from 2018 (Units): -361 838 477

The median age of new homes sold on the year moved down slightly from last month.

New Home Characteristics for 2019SinglesMultisTotal
Median Age (Days): 114 92 105
Average Square Feet: 1,099 1,747 1,437

With two great months in a row Liberty County has bumped Travis out of the top five for new home installations on the year.

Top Five Counties for New Installs this YearTotalChange (YoY%)
Harris 581 8.4%
Ector 529 18.1%
Montgomery 479 0.2%
Liberty 421 9.6%
Midland 411 -5.7%
Used SalesSinglesMultisTotal
Total for 2019 through October: 2,445 1,099 3,544
Change from 2018 (%): -11.1% 0.9% -7.7%
Change from 2018 (Units): -306 10 -296

November Preliminary Data

The early look at November new home sales shows a slide for the Thanksgiving month, but sales are tracking well above 2018.

New SalesSinglesMultisTotal
Total for November: 443 402 845
Change from October: 1.4% -18.1% -8.9%
Change from November of 2018: 11% 18.9% 14.7%
Used SalesSinglesMultisTotal
Total for November: 149 63 212
Change from October: 7.2% 10.5% 8.2%
Change from November of 2018: 43.3% -8.7% 22.5%

September Revisions

RevisionsSinglesMultisTotal
New sales increased: +59 +60 +119
Used sales increased: +11 +1 +12

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

Charts

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

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

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