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New Home Permit Tables Page May 18, 2021 1st 2021 New Home Building Permit Data Report (A Supplement to the Source Monthly Briefing) Summary Building permits issued for new homes in the 4th Quarter of 2020 were up 42.6% on the Peninsula and 25.2% on Southside compared to the 4th Quarter of 2019 resulting in an overall 29.6% increase in Hampton Roads. For the year, permitted units were up 8.6% and 13.2% on the Peninsula and Southside respectively, resulting in a combined 12.2% increase over 2019. Peninsula Notes ➢ Permits for 281 and 290 New Homes in the 4th and 3rd Quarters respectively were the best back-to-back quarters in over a decade, as were the 1,063 permitted units for the year in 2020. ➢ Permits for were issued for 83 Attached Housing units in the 4th Quarter resulting in a total of 316 units for the year, the lowest number since 259 starts in 2016. ➢ Colonial Heritage, the only Active Adult Community with permit activity, had 28 units permitted in the 4th Quarter, the most in a quarter since 20 units in the 4th Quarter of 2018. ➢ Permits were issued for 170 Single Family homes during the 4th Quarter, up from 134 homes in the 4th Quarter of 2019. James City County, 63 units, issued the most Single-Family permits in the 4th Quarter. 674 Single Family starts in 2020 were up 14.2% from 2019 and the most since before the recession. ➢ Permits issued to Ryan/NVR for 346 homes were the most one builder during 2020, accounting for nearly a third of all permits on the Peninsula. H H Hunt (71 units) was next. (See Page 6 for complete list of Rankings.) ➢ 94 units permitted in Stonehouse Ridge, James City County (Ryan/NVR), a mix of Attached and Single- Family housing, was the subdivision with the most starts in 2020, followed by 78 units in Arbordale, York County (Ryan/NVR), also with a mix of Attached and Single-Family Homes. (See Page 7 for complete list of Rankings.) ➢ There were no subdivision with first construction starts during the 4th Quarter. Copyright © 2020, Source, Inc. of Virginia 1 May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report Southside Notes ➢ 726 units permitted in the 4th Quarter 2020 were up 25.2% from 4th Quarter 2019 and brought total housing starts in 2020 to 3,071 units, up 13.2% from 2019. ➢ Permits for Attached Housing (191units) were up from 134 units in the 4th Quarter 2019, continuing a trend of increased building in that segment. All Southside localities had a least one project with permits for Attached Housing. Permits issued for 94 Attached Housing units in Chesapeake were the most in one locality. For the year, permits for 913 Attached units were up 25.9% from 2019. ➢ Permits for 535 Single-Family homes in the 4th Quarter of 2020 were up from 446 units in the 4th Quarter of 2019. 194 starts in Suffolk were the most in one locality, followed by 143 in Chesapeake. For the year, permits for 2,123 Single Family homes were up 8.5% from 2019. ➢ Ryan/NVR, 533 units, was also the top builder on Southside during 2020. Dragas Companies was next with 286. (43) builders obtained permits for 10 or more units on Southside during 2020. (See Page 6 for complete list of Rankings.) ➢ Hickory Landing/Manor in Chesapeake, a mix of Attached and Single-Family dwellings (Dragas and HAV), had the most permitted units in 2020 (196). Bryan’s Cove, Ryan/NVR’s Attached Housing project in the Deep Creek section of Chesapeake was next with 141 units. (See Page 7 for complete list of Rankings.) ➢ First permits were issued in Sandstone Quay in Chesapeake, an 11-lot Single-Family development priced from the $400s and two sections of Bennett’s Creek Quarter in Suffolk, Vineyards and Iron Horse. 84-units in quad buildings are planned in Vineyards, Napolitano Homes, with pricing from the low $300s. 90-units in ten-plex buildings are planned in Iron Horse, Franciscus Homes, with pricing from the low $200s. See Subdivision Permits and Remaining Lot Summary Pages10-12) New Home Permit Tables Page New Home Building Permits by Quarter Peninsula & Southside 2017-2019 3 Peninsula New Home Building Permits by City/County 2017-2019 4 Southside New Home Building Permits by City/County 2017-2019 5 12-Month Permit Ranking by Builder, Peninsula and Southside 6 12-Month Permit Ranking by Subdivision, Peninsula and Southside 7 Peninsula New Home Subdivision Permits & Remaining Lot Inventory 8 -9 Southside New Home Subdivision Permits & Remaining Lot Inventory 10-12 Legend 9 Copyright © 2020, Source, Inc. of Virginia Source, Inc. of Virginia – PO Box 15006 – Chesapeake, VA 23328 - PH: 757.335.0729 – FX: 757.410.1366 2 May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report New Home Building Permits by Quarter Peninsula & Southside 2021 2020 2019 2018 # Units 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q Peninsula Single- Family 177 198 203 159 181 144 163 187 149 137 160 172 142 Attached 89 83 87 79 73 53 81 125 77 83 71 123 108 Total Peninsula 266 281 290 238 254 197 244 312 226 220 231 295 250 % Change Prior YR Qtr 4.7% 42.6% 18.9% -23.7% 12.4% -10.5% 5.6% 5.8% -9.6% -18.2% -6.9% 23.4% -8.1% Year-to-Date Total 266 1063 782 492 254 979 782 538 226 996 776 545 250 % Change Prior YTD 4.7% 8.6% 0.0% -8.6% 12.4% -1.7% 0.8% -1.3% -9.6% -3.1% 2.2% 6.7% -8.1% Southside Single- Family 543 191 558 528 530 446 561 487 486 402 386 601 588 Attached 230 535 269 282 178 134 219 180 200 124 141 131 123 Total Southside 773 726 827 810 708 580 780 667 686 526 527 732 711 % Change Prior YR Qtr 9.2% 25.2% 6.0% 21.4% 3.2% 10.3% 48.0% -8.9% -3.5% -15.3% -10.7% -8.7% -14.4% Year-to-Date Total 773 3071 2345 1518 708 2713 2133 1353 686 2496 1970 1443 711 % Change Prior YTD 9.2% 13.2% 9.9% 12.2% 3.2% 8.7% 8.3% -6.2% -3.5% -12.2% -11.4% -11.6% -14.4% Hampton Roads Single- Family 720 389 761 687 711 590 724 674 635 539 546 773 730 Attached 319 618 356 361 251 187 300 305 277 207 212 254 231 Total Hampton Roads 1039 1007 1117 1048 962 777 1024 979 912 746 758 1027 961 % Change Prior YR Qtr 8.0% 29.6% 9.1% 7.0% 5.5% 4.2% 35.1% -4.7% -5.1% -16.2% -9.5% -1.3% -12.9% Year-to-Date Total 1039 4134 3127 2010 962 3692 2915 1891 912 3492 2746 1988 961 % Change Prior YTD 8.0% 12.0% 7.3% 6.3% 5.5% 5.7% 6.2% -4.9% -5.1% -9.8% -7.9% -7.3% -12.9% Note: Active Adult included with Single-Family in this schedule. Copyright © 2021, Source, Inc. of Virginia 3 May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report Peninsula New Home Building Permits by City/County, 2018-2021 Locale 2021 2020* 2019* 2018* Housing Type Total % 4Q 3Q 2Q 1Q # % # % # % Hampton Attached 16 41.0% 16 76 32.5% 51 26.2% 24 18.5% Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 23 59.0% 23 158 67.5% 144 73.8% 106 81.5% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 39 100.0% 0 0 0 39 234 100.0% 195 100.0% 130 100.0% James City County - Williamsburg Attached 23 20.5% 23 140 35.2% 181 48.8% 158 35.2% Active Adult 20 17.9% 20 66 16.6% 53 14.3% 77 17.1% Single Family 69 61.6% 69 192 48.2% 137 36.9% 214 47.7% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 112 100.0% 0 0 0 112 398 100.0% 371 100.0% 449 100.0% Newport News Attached 4 16.0% 4 59 44.7% 33 24.6% 30 24.2% Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 21 84.0% 21 73 55.3% 101 75.4% 94 75.8% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 25 100.0% 0 0 0 25 132 100.0% 134 100.0% 124 100.0% York County - Poquoson Attached 32 35.6% 32 41 13.7% 71 25.4% 173 59.0% Active Adult 0 0.0% 0 0.0% 0 0.0% 0.0% Single Family 58 64.4% 58 251 83.9% 208 74.6% 120 41.0% Multi-Family Condo 0 0.0% 7 2.3% 0 0.0% 0 0.0% Total Units 90 100.0% 0 0 0 90 299 100.0% 279 100.0% 293 100.0% Peninsula Total Attached 75 28.2% 75 316 29.7% 336 34.3% 385 38.7% Active Adult 20 7.5% 20 66 6.2% 53 5.4% 77 7.7% Single Family 171 64.3% 171 674 63.4% 590 60.3% 534 53.6% Multi-Family Condo 0 0.0% 0 7 0.7% 0 0.0% 0 0.0% Total Units 266 100.0% 0 0 0 266 1063 100.0% 979 100.0% 996 100.0% Copyright © 2021, Source, Inc.
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