Texas Manufactured Housing Sales in February 2019

February

Titles for new homes sold in February were up from January and up from February of 2018. Multi-section homes outsold single-section homes at release time for the third report in a row (December’s single-section sales have subsequently been revised up past multi-section sales for that month).

New SalesSinglesMultisTotal
Total for February: 468 530 998
Change from January: 15.3% 19.4% 17.4%
Change from February of 2018: 8.1% 35.9% 21.3%

Ector and Harris retained the first and second positions for new installations on the month. Travis and Midland counties had large month-over-month gains.

Top Five Counties for New Installs this MonthTotalChange (MoM%)
Ector 45 9.8%
Harris 38 2.7%
Travis 38 58.3%
Midland 37 68.2%
Montgomery 32 3.2%

Titles for used homes sold in February moved up from January, but were down from a year ago.

Used SalesSinglesMultisTotal
Total for February: 189 85 274
Change from January: 34% 39.3% 35.6%
Change from February of 2018: -38% 7.6% -28.6%

Annual Totals

Two months into home sales for the first quarter of 2019 and both the single-section and multi-section markets are up over 2018.

New SalesSinglesMultisTotal
Total for 2019 through February: 901 1,018 1,919
Change from 2018 (%): 3.8% 23.1% 13.2%
Change from 2018 (Units): 33 191 224

Ector, Travis, and Bexar counties are all seeing big year-over-year gains thus far.

Top Five Counties for New Installs this YearTotalChange (YoY%)
Ector 88 79.6%
Harris 76 1.3%
Travis 67 48.9%
Montgomery 66 -7%
Bexar 60 36.4%

Used sales are down across both section types.

Used SalesSinglesMultisTotal
Total for 2019 through February: 342 150 492
Change from 2018 (%): -25.8% -5.7% -20.6%
Change from 2018 (Units): -119 -9 -128

March Preliminary Data

New home sales for March processed so far show large increases in sales from both February and March of 2018, so while Q1 home shipments were down -22%, Q1 retail sales are on pace for a 16% increase quarter-over-quarter.

New SalesSinglesMultisTotal
Total for March: 553 546 1,099
Change from February: 44% 24.9% 33.9%
Change from March of 2018: 9.3% 39.3% 22.4%

Used home sales processed so far show March up as well but not as high as new homes are to March of last year.

Used SalesSinglesMultisTotal
Total for March: 220 80 300
Change from February: 41.9% 29% 38.2%
Change from March of 2018: 3.8% -7% 0.7%

January Revisions

RevisionsSinglesMultisTotal
New sales increased: +24 +34 +58
Used sales increased: +11 +4 +15

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.