Texas Manufactured Housing Sales Market Analysis

July

New home sales for July moved up from June with month-over-month gains for both single and multi-section homes. Single-section home sales were down from July of 2018, but large year-over-year gains in multi-section sales kept total sales solidly in the black.

Multi-section home sales beat single-section sales for the fourth straight month.

New SalesSinglesMultisTotal
Total for July: 611 661 1,272
Change from June: 8.9% 6.6% 7.7%
Change from July of 2018: -2.4% 18% 7.3%

Harris County moved back into the top spot for new home installations and Liberty County, with a large month-over-month gain hopped into the second spot. The rest of the top five had less installs than the previous month.

Top Five Counties for New Installs this MonthTotalChange (MoM%)
Harris 66 26.9%
Liberty 47 56.7%
Ector 46 -17.9%
Travis 42 -12.5%
Montgomery 41 -12.8%

Used home sales were down from June and down sharply from July of last year.

Used SalesSinglesMultisTotal
Total for July: 159 72 231
Change from June: -8.6% 1.4% -5.7%
Change from July of 2018: -38.1% -28.7% -35.5%

Annual Totals

July’s solid new home sales report pulled 2019’s numbers up slightly across the board.

New SalesSinglesMultisTotal
Total for 2019 through July: 4,315 4,698 9,013
Change from 2018 (%): -5.8% 11.5% 2.5%
Change from 2018 (Units): -268 486 218

The top five counties for new home installations was unchanged from last month.

Top Five Counties for New Installs this YearTotalChange (YoY%)
Harris 408 10.9%
Ector 379 24.7%
Montgomery 325 0%
Midland 299 25.1%
Travis 284 44.9%
Used SalesSinglesMultisTotal
Total for 2019 through July: 1,625 754 2,379
Change from 2018 (%): -17.4% -3.7% -13.5%
Change from 2018 (Units): -343 -29 -372

August Preliminary Data

The early read on August currently shows flat new home sales from July with multi-section sales dropping while single-section sales are up.

Both single and multi-section home sales are trailing August of 2018.

New SalesSinglesMultisTotal
Total for August: 513 420 933
Change from July: 8% -7.9% 0.2%
Change from August of 2018: -9.4% -9.3% -9.3%
Used SalesSinglesMultisTotal
Total for August: 157 72 229
Change from July: 29.8% 60% 38%
Change from August of 2018: -14.2% 16.1% -6.5%

June Revisions

RevisionsSinglesMultisTotal
New sales increased: +41 +65 +106
Used sales increased: +21 +11 +32

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

Charts

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


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