According to filings with Leon County and the City of Tallahassee, the number of single-family new construction permits were down 29.4% in December, 2022 when compared to December 2021.
There were 36 permits issued December 2022, down from the 51 issued one year ago. The value of the December permits were down 50.0%, from $10.0 million in 2021 to $5.0 million in 2022.
The 3-Mnth Ave. data – which smooths out the month to month volatility – shows a 41.7% decline in the number of permits from one year ago. The 3-Mnth Ave. data also shows a 40.2% decline in total permit value, from $11.2 million in 2021 to $6.7 million 2022.
The chart below shows the number of permits issued each month for the last 25-month period. A 3-Mnth Ave. line is also included. The chart shows that the downward trend in permits began in May, 2021.