Home > Press Room > Permit Report - May 2002
 

 

June 14, 2002
FOR IMMEDIATE RELEASE
CONTACT TIM R. UNDERWOOD
Executive Vice President
Home Builders Association

Permit Reports

Single-Family Building Activity Steady in May

Home-building permit activity in metropolitan Kansas City remained strong in May with local builders pulling 834 single-family permits, according to figures compiled by the Home Builders Association of Greater Kansas City (HBA). A total of 3,946 single-family permits have been issued this year, up 9 percent from the first five months of 2001.

 

May Permit Reports

Residential Building Permit Statistics - Excel | PDF

Single-family Detached Residential Building Permits Report - Excel | PDF

Permit information is compiled by the Home Builders Association
of Greater Kansas City.

Clay, Jackson, Leavenworth and Miami counties have posted gains of more than 20 percent year-to-date compared to 2001. Wyandotte County follows close behind with a 19 percent increase. Cass and Platte counties are up 4 percent through May, while Johnson County is down 6 percent.

While permit activity is slowing in Johnson County and Platte County, home prices are not. According to the most recent data from the Heartland MLS, Johnson County leads the metropolitan area with an average new home sales price of $282,614. Platte County is second with an average new home sales price of $254,374. The average new home sales price for the entire metropolitan area is $229,466.

"Johnson and Platte counties remain very popular destinations for upper-bracket new home buyers," said HBA Executive Vice President Tim Underwood. "However, it is becoming increasingly difficult for first-time and move-up homebuyers to find housing choices in those counties. More and more working families are turning to communities in other areas where housing choices are more plentiful. The counties that are experiencing double-digit growth all have average new home prices more than $40,000 below the metropolitan average."

Kansas City, Mo., remained the top-permitting city year-to-date for the second month in a row with 573 permits issued through May. Olathe is second with 517, followed by Lee's Summit with 366.

Rounding out the top-permitting cities for the month are Overland Park, 293; Shawnee, 168; Independence, 160; Lenexa, 143; Raymore, 126; Gardner, 122; and Blue Springs, 112.

The Home Builders Association of Greater Kansas City (HBA) is the voice of the housing industry and the source for housing information. Comprising more than 1,000 member companies, the HBA represents an industry that contributes more than $2.5 billion to the Kansas City economy and supports more than 36,000 jobs in the Greater Kansas City metropolitan area.

 

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HOME BUILDERS ASSOCIATION OF GREATER KANSAS CITY
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