Construction Statistics

Building Permits
Construction Permit Value
Residential Units
Cost of Living Index
Consumer Price Index
Office Space

Last updated May 26, 2004

Building Permits

  

Residential Building Permits
	2004	2003	2002
January	921	1,011	1,160
February	959	848	1,370
March	1,574	1,288	1,422
April	1,604	1,420	1,509
May		1,268	1,392
June		1,495	1,213
July		1,207	1,338
August		2,160	1,381
September		1,190	1,239
October		1,202	1,139
November		979	1,044
December		963	856
Totals	5,058	15,031	15,066
YTD Comparison	5,058	4,567	5,461

  

Non- Residential BuildingPermits
	2004	2003	2002
January	316	224	380
February	289	239	308
March	376	306	332
April	385	316	508
May		415	448
June		449	356
July		468	493
August		183	417
September		379	369
October		371	324
November		294	224
December		309	524
Totals	1,366	3,953	4,704
YTD Comparison	1,366	1,085	1,528

  

Total Building Permits
	2004	2003	2002
January	1,237	1,235	1,540
February	1,248	1,087	1,678
March	1,950	1,594	1,754
April	1,989	1,736	2,017
May		1,683	1,840
June		1,944	1,569
July		1,675	1,832
August		2,343	1,798
September		1,569	1,609
October		1,573	1,485
November		1,273	1,268
December		1,272	1,380
Totals	6,424	18,984	19,770
YTD Comparison	6,424	5,652	6,989

  

Annual Totals Building Permits
	Residential		Non-Residential		Total
2003	15,031	-0.23%	3,953	-15.97%	18,984	-3.98%
2002	15,066	1.58%	4,704	8.31%	19,770	3.11%
2001	14,831	6.45%	4,343	-13.23%	19,174	1.25%
2000	13,932	-1.35%	5,005	-3.75%	18,937	-2.00%
1999	14,123	8.35%	5,200	8.11%	19,323	8.28%
1998	13,035	19.54%	4,810	1.67%	17,845	14.13%
1997	10,904	12.44%	4,731	8.71%	15,635	11.28%
1996	9,698	16.84%	4,352	7.24%	14,050	13.69%
1995	8,300	2.38%	4,058	2.84%	12,358	2.53%
1994	8,107		3,946		12,053

Source: Charlotte/Mecklenburg Building Standards Department

CONSTRUCTION PERMIT VALUE

Residential Construction  Value  (Dollars)
	2004	2003	2002
January	96,602,567	103,227,414	122,316,792
February	98,050,954	85,554,202	141,284,880
March	165,775,418	134,446,838	137,789,292
April	167,563,401	147,127,282	159,847,293
May		134,766,999	129,736,865
June		169,756,201	127,457,787
July		130,511,779	141,271,909
August		209,524,496	131,737,134
September		125,328,485	119,835,952
October		143,760,107	149,845,698
November		104,512,155	103,669,054
December		112,312,122	91,305,110
Totals	527,992,340	1,600,828,080	1,564,050,672
YTD Comparison	527,992,340	470,355,736	560,437,259

Non-Residential Construction Value (Dollars)
	2004	2003	2002
January	211,317,004	46,509,380	69,253,433
February	55,052,429	45,460,149	51,739,677
March	49,584,155	27,243,411	49,538,123
April	56,554,229	44,246,600	53,455,849
May		55,058,332	73,274,191
June		88,652,335	89,949,928
July		54,891,015	69,512,262
August		39,187,832	48,422,629
September		87,010,779	87,944,970
October		89,417,678	62,211,863
November		79,198,937	45,174,984
December		184,646,538	112,270,069
Totals	372,507,817	841,522,986	814,418,204
YTD Comparison	372,507,817	163,459,540	224,405,032

Total Construction Value (Dollars)
	2004	2003	2002
January	314,544,418	149,736,794	191,570,225
February	140,606,631	131,014,351	193,024,559
March	215,359,573	161,690,249	187,327,415
April	224,117,630	191,373,882	212,920,092
May		189,825,331	203,011,056
June		258,408,536	217,407,715
July		185,402,794	211,078,885
August		248,712,328	189,164,799
September		212,339,264	207,956,492
October		233,177,785	212,588,421
November		183,711,092	148,844,038
December		296,958,660	203,575,179
Totals	894,628,252	2,442,351,066	2,378,468,876
YTD Totals	894,628,252	633,815,276	784,842,291

Source: Charlotte/ Mecklenburg Building Standards Dept.

Annual Totals:
	Residential	% Change	Non- Residential	% Change	Total	% Change
'03	1,660,828,080	2.35	841,522,986	3.33	2,442,351,066	2.69
'02	1,564,050,672	-4.65	814,418,204	-27.12	2,378,468,876	-13.75
'01	1,640,246,060	-0.05	1,117,503,165	-33.11	2,744,753,300	-16.73
'00	1,641,039,300	24.92	1,670,630,493	60.00	3,305,669,793	40.45
'99	1,313,669,875	-3.59	1,044,163,009	3.86	2,357,832,884	-0.42
'98	1,362,544,301	31.51	1,005,339,405	20.23	2,367,883,706	26.47
'97	1,036,058,760	-0.08	836,181,514	23.79	1,872,240,274	9.33
'96	1,036,897,376	20.14	675,504,970	-2.07	1,712,402,346	10.27
'95	863,088,976	13.48	689,779,170	7.14	1,552,868,146	10.58
'94	760,560,850	22.26	643,781,642	44.92	1,404,342,492	31.70

Source: Charlotte/ Mecklenburg Building Standards Dept.    Construction Value (Millions) Year Total Permits Residential Non-Residential Total 2002 19,770 $1,564.1 $814.4 $2,378.5 2001 19,174 1,640.2 1,117.5 2,757.7 2000 18,937 1,641.0 1,670.6 3,305.7 1999 19,323 1,313.7 1,044.2 2,357.8 1998 17,845 1,362.5 1,005.3 2,367.9 1997 15,635 1,036.1 836.2 1,872.3 1996 14,050 1,036.9 675.5 1,712.4 1995 12,358 863.1 689.8 1,552.9 1994 12,053 760.6 643.8 1,404.3 1993 11,446 622.1 444.2 1,066.3 1992 10,422 514.1 392.6 906.7 TOTAL RESIDENTIAL UNITS Single Family   2004 2003 2002 January 587 625 742 February 534 497 793 March 1,006  807 911 April  748  923 961 May    762 856 June    994 788 July    721 834 August    982 911 September    710 855 October   698 687 November    586 714 December     630 586 Totals 2,875 8,935 9,638 YTD Comparison 2,875 2,852 3,407 Multi-Family   2004 2003 2002 January 221 336 312 February 83 104 738 March 408  231 397  April  281 287 369 May   446 247 June   475 159   July    148 246 August    715 290 September    197 99 October   372 612  November    226 116 December    140 266  Totals 993 3,677  3,851 YTD Comparison 993 958 1,816 Total Units   2004 2003 2002 January 808 961 1,054 February 617 601 1,531 March 1,414 1,038 1,308 April  1,029  1,210 1,330 May   1,208 1,103 June    1,469   947 July   869 1,080 August   1,697 1,201 September   907 954 October   1,070 1,299 November   812 830 December    770 852   Totals 3,868 12,612  13,489 YTD Comparison 3,868 3,810 5,223 Annual Totals   Single Family % Change Multi- Family % Change Total Units % Change 2003 8,935 -7.29% 3,677 -4.52% 12,612 -6.50% 2002 9,638 -1.31% 3,851 -18.55% 13,489 -6.92% 2001 9,766  3.92% 4,718 -12.14% 14,484 -1.92% 2000 9,398 -3.66% 5,370 27.55% 14,768 5.75% 1999 9,755 12.61% 4,210 -1.75% 13,965 7.85% 1998 8,663 25.26% 4,285    25.84% 12,948 24.45% 1997 6,916   7.73% 3,405   -25.62% 10,321 -6.16% 1996 6,420 16.30% 4,578    28.02% 10,998 20.91% 1995 5,520   0.27% 3,576    23.18%   9,096   8.18% 1994 5,505   4.20% 2,903 181.30%   8,408 33.14% 1993 5,283 16.14% 1,032   84.29%   6,315 23.61% 1992 4,549 33.28%    560   -35.93%   5,109 19.17% 1991 3,413 -11.88%    874   -55.45%   4,287 -26.53% 1990 3,873 -16.21% 1,962   -61.82%   5,835 -40.22% 1989 4,622   0.54% 5,139    63.71%   9,761 26.18% 1988 4,597   3,139     7,736   Source: Charlotte/Mecklenburg Building Standards Dept.   Year Single Family Mulit- Family Units Total 2002 9,638 3,851 13,489 2001 9,766 4,718 14,484 2000 9,398 5,370 14,768 1999 9,755 4,210 13,965 1998 8,663 4,285 12,948 1997 6,916 3,405 10,321 1996 6,420 4,578 10,998 1995 5,520 3,576 9,096 1994 5,505 2,903 8,408 1993 5,283 1,032 6,315 1992 4,549 560 5,109 Sales of Residential Units* Year Total Sold Average Value Total Value 2002 23,947 $185,192 $4,553,893,619 2001 22,171 177,959 4,049,425,239 2000 21,340 176,958 3,828,838,284 1999 20,940 187,974 3,593,725,080 1998 19,035 162,275 3,088,900,400 1997 16,339 149,214 2,438,000,132 1996 15,984 141,176 2,256,562,051 1995 14,410 131,699 1,897,782,510 1994 12,138 126,499 1,535,448,557 1993 10,575 124,675 1,318,433,898 1992 9,184 120,355 1,105,346,763 *Carolina Multiple Listing Services, Inc.

Related Links

 

Charlotte Chamber of Commerce
330 S. Tryon St., PO Box 32785
Charlotte, NC 28232
(704) 378-1300