Texas Manufactured Housing Sales Market Analysis

April

Titles for new homes sold in April were pulled down from March by a decline in single-section home sales. Multi-section home sales were higher than the previous month and came in above single-section home sales as they have for every month in 2019 except March.

In comparison to 2018, April was up on account of an 18.2% increase in multi-section home sales.

New SalesSinglesMultisTotal
Total for April: 633 675 1,308
Change from March: -6.1% 4.5% -0.9%
Change from April of 2018: -3.5% 18.2% 6.6%

Harris was again the top county in the state for new home installations and although new home sales in Ector County expanded, Montgomery County came in with one more new home installation as of report runtime.

Top Five Counties for New Installs this MonthTotalChange (MoM%)
Harris 61 -4.7%
Montgomery 59 22.9%
Ector 58 3.6%
Midland 45 7.1%
Bexar 44 91.3%

Titles for used homes were way up, but 201 of those were due to a transfer of a community’s homes in Huffman, Texas.

Used SalesSinglesMultisTotal
Total for April: 279 198 477
Change from March: -3.8% 92.2% 21.4%
Change from April of 2018: 22.4% 127.6% 51.4%

Annual Totals

Year-over-year growth for 2019 continues to decelerate, and single-section homes are now running below 2018 levels.

New SalesSinglesMultisTotal
Total for 2019 through April: 2,311 2,454 4,765
Change from 2018 (%): -0.9% 15.9% 7.1%
Change from 2018 (Units): -20 337 317

Harris passed Ector County for the top spot in the state for new home installations on the year, and the rest of the top five was unchanged from last month.

Top Five Counties for New Installs this YearTotalChange (YoY%)
Harris 211 15.3%
Ector 205 33.1%
Montgomery 181 9.7%
Travis 151 34.8%
Midland 149 26.3%

Used sales are now showing gains in multi-section homes, but an overall decline with less single-section home sales than a year ago.

Used SalesSinglesMultisTotal
Total for 2019 through April: 978 475 1,453
Change from 2018 (%): -12.1% 10% -5.9%
Change from 2018 (Units): -134 43 -91

May Preliminary Data

The early data for May are showing declines from both April and May of 2018 (last year’s peak) for new home sales.

The summer of 2018 saw new home sales remain elevated through August, so we’ll see how 2019 fares in comparison.

New SalesSinglesMultisTotal
Total for May: 521 515 1,036
Change from April: -8.6% -10.7% -9.7%
Change from May of 2018: -16.8% -5% -11.3%
Used SalesSinglesMultisTotal
Total for May: 146 56 202
Change from April: -24% -34.1% -27.1%
Change from May of 2018: 0% -28.2% -9.8%

March Revisions

RevisionsSinglesMultisTotal
New sales increased: +39 +41 +80
Used sales increased: +23 +9 +32

Charts


TMHA’s Market Research Reports and Tools

Lender

* Note: These calculations are based on titles processed by TDHCA that were submitted on time. Late submissions will impact these figures going forward.