Residential Development Activity

Growth Watch
First Quarter 1996

Single Family
	Permits	Units	Value per Unit	CO
1st Qtr 1996	796	770	$117,228	462
4th Qtr 1995	517	517	$113,922	453
1st Qtr 1995	469	469	$112,012	412
Duplex
	Permits	Units	Value per Unit	CO
1st Qtr 1996	26	54	$51,737	20
4th Qtr 1995	3	6	$43,628	10
1st Qtr 1995	1	2	$50,000	5
Multifamily
	Permits	Units	Value per Unit	CO
1st Qtr 1996	53	844	$34,241	1,565
4th Qtr 1995	92	1556	$27,914	623
1st Qtr 1995	52	824	$32,834	608
Total
	Permits	Units	Value per Unit	CO
1st Qtr 1996	875	1,668	$203,206	2,047
4th Qtr 1995	612	2089	$49,245	1086
1st Qtr 1995	522	1,295	$61,536	1,025

%Change
	Permits		Units		CO
	Qtr	Year	Qtr	Year	Qtr	Year
Single Family	54.0%	69.7%	48.9%	64.2%	2.0%	12.1%
Duplex	766.7%	2500.0%	800.0%	2600.0%	100.0%	300.0%
Multifamily	-42.4%	1.9%	-46.1%	2.4%	151.2%	157.4%
Total	52.2%	67.6%	20.2%	28.8%	88.5%	99.7%

Permit: A building permit issued by the City to authorize construction of a new structure. Unit: The number of units within a building issued a permit. Single Family: 1 unit Duplex: 2 units Multifamily: 3+ units Value per Unit: The average cost of materials and labor involved in the construction per each unit. (Historical data does not take inflation into account) CO (Certificate of Occupancy): Issued by the City when construction is complete, all inspections have passed building codes, and the structure is ready for occupancy. Not all permits issued are certified for occupancy. The number of COs reflects the net number of units permitted. Note: Building permits and certificates of occupancy are required for construction within the City of Austin's permitting jurisdiction. Data reported for entire jurisdiction.

Units Issued Building Permit

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Units Issued CO