November 2021 Residential Statistics Report

November 2021 Residential Statistics Report

Single-Family Permits Up 20% as of November 2021

Kansas City area homebuilders continued their increased activity, with 524 single-family units permitted during November 2021, bringing the year-to-date total to 5,892, according to the Home Builders Association of Greater Kansas City’s (KCHBA) monthly Residential Building Permit Statistics report. This is a 20 percent gain over last year’s January- November permit count.

The count of completed, ready-to-occupy new homes in November was just 40,000 homes nationwide, according to the National Association of Home Builders (NAHB). NAHB noted that the nationwide median sales price continued to increase in November at $416,900. This is up 18.8 percent compared to the November 2020 nationwide median sales price of $350,800.

Several area cities have experienced remarkable growth in permits thus far in 2021: Raymore with 221 units in 2021, compared to 106 in 2020; Riverside has increased from 21 to 142; and Parkville has issued 117 permits so far this year with only 54 last year at this time. 

Overall, the 10 busiest cities year-to-date have a 24 percent increase – with a total 3,963 permits issued by them in 2021 thus far and 4,905 issued in 2020 YTD.  Kansas City, Mo., continues to top the list with 863 permits through November; it is followed by Lee’s Summit, Olathe, Overland Park, and Lenexa.

Click here to view the November 2021 Residential Statistics Report.

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