Single-Family New Construction Permits Down 13.7% in July

Single-Family New Construction Permits Down 13.7% in July

According to filings with Leon County and the City of Tallahassee, the number of single-family new construction permits was down 13.7% in July 2024 when compared to July 2023.

There were 44 permits issued in July 2024, down up from the 51 issued one year ago. There were 32 permits issued last month.

The value of the July 2024 permits was $11.0 million, down 16.7% from the $13.2 million reported in July 2023.

The 3-Mnth Avg. data (May -July) – which smooths out the month-to-month volatility – shows a 30.4% decrease in the number of permits issued over the same 3-month period one year ago.

The 3-Mnth Avg. data show a 12.9% decrease in monthly average permit value during this period, from $14.7 million to $12.8 million.

The chart below shows the number of permits issued each month for the last 36-month period. A 12-Mnth Avg. line is also included.

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