2013 Housing Units Built

Transcription

1 Montgomery County Data: Housing 2013 Housing Units Built Montgomery County, Pennsylvania New housing construction in Montgomery County increased in 2013 by 42% over the prior year, with growth in all three housing types. Both single family detached and attached homes were built at numbers higher than our reports have shown over the last five years. An increase in multifamily projects drove the big increase from 2012, and there appears to be more on the way in 2014 and 2015 as apartments continue to gain in popularity. New residential construction brings investment into Montgomery County. An analysis of the value of residential properties that were improved in 2013, shows that the new construction represents approximately $252 million of taxable property value. This is not necessarily market value, but rather assessed value which directly correlates to what is taxable. It also includes the assessed land value, which existed prior to new construction but is generally less than 20% of the overall value. The characteristics of new single family detached homes built in 2013 continues to show a trend of smaller homes and even smaller lot sizes compared to ten years ago. These measures have been consistently smaller since the housing bubble started to burst in 2007 and continued through the Great Recession and the subsequent recovery period. New Housing Units Built, Single-Family Detached Single-Family Attached Multifamily Mobile Homes Total Units , , , , ,441 Percent Change % 12% 311% -5% 42% All data comes from the Montgomery County Board of Assessment Appeals (BOA). The BOA does not indicate that a unit has been built until that unit has been fitted out and sold or put on the market for rent. Therefore, a unit may have been constructed, but it may not appear in our data until the subsequent year. All data for previous years presented in this report has been updated to reflect actual totals. 1

2 2013 Housing Units Built by Municipality, All Types Most Housing Units Built in 2013, All Types 1. Towamencin Township Upper Providence Township Montgomery Township Salford Township Skippack Township New Hanover Township Hatfield Township Upper Moreland Township Upper Hanover Township Hatboro Borough Median Lot and Unit Size for Single-Family Detached Homes Year Median Lot Size Square Feet Median Living Area Square Feet ,467 3, ,135 3, ,000 3, ,026 3, ,333 3, ,342 2, ,997 2, ,024 2, ,204 2, ,164 2,897 2

3 Municipality Municipal Totals, Census Current Overall Total Current Year Total SFD SFA MF MH Total Units* % Change SFD SFA MF MH Total Abington 22, , % Ambler 2, , % Bridgeport 2, , % Bryn Athyn % Cheltenham 15, , % Collegeville 1, , % Conshohocken 4, , % Douglass 3, , % East Greenville 1, , % East Norriton 6, , % Franconia 4, , % Green Lane % Hatboro 3, , % Hatfield Borough 1, , % Hatfield Township 7, , % Horsham 10, , % Jenkintown 2, , % Lansdale 7, , % Limerick 7, , % Lower Frederick 1, , % Lower Gwynedd 4, , % Lower Merion 24, , % Lower Moreland 4, , % Lower Pottsgrove 4, , % Lower Providence 9, , % Lower Salford 5, , % Marlborough 1, , % Montgomery 9, , % Narberth 1, , % New Hanover 3, , % Norristown 13, , % North Wales 1, , % Pennsburg 1, , % Perkiomen 3, , % Plymouth 7, , % Pottstown 10, , % Red Hill 1, , % Rockledge 1, , % Royersford 2, , % Salford , % Schwenksville % Skippack 3, , % Souderton 2, , % Springfield 7, , % Telford 1, , % Towamencin 7, , % Trappe 1, , % Upper Dublin 9, , % Upper Frederick 1, , % Upper Gwynedd 6, , % Upper Hanover 2, , % Upper Merion 12, , % Upper Moreland 10, , % Upper Pottsgrove 1, , % Upper Providence 7, , % Upper Salford 1, , % West Conshohocken % West Norriton 7, , % West Pottsgrove 1, , % Whitemarsh 7, , % Whitpain 7, , % Worcester 3, , % Total 325,735 1,868 1,784 1, , , % ,441

4 Municipality SFD SFA MF MH Total SFD SFA MF MH Total SFD SFA MF MH Total Abington Ambler Bridgeport Bryn Athyn Cheltenham Collegeville Conshohocken Douglass East Greenville East Norriton Franconia Green Lane Hatboro Hatfield Borough Hatfield Township Horsham Jenkintown Lansdale Limerick Lower Frederick Lower Gwynedd Lower Merion Lower Moreland Lower Pottsgrove Lower Providence Lower Salford Marlborough Montgomery Narberth New Hanover Norristown North Wales Pennsburg Perkiomen Plymouth Pottstown Red Hill Rockledge Royersford Salford Schwenksville Skippack Souderton Springfield Telford Towamencin Trappe Upper Dublin Upper Frederick Upper Gwynedd Upper Hanover Upper Merion Upper Moreland Upper Pottsgrove Upper Providence Upper Salford West Conshohocken West Norriton West Pottsgrove Whitemarsh Whitpain Worcester Total , , ,016 4

5 Age Restricted Units Built in 2013 Age Restricted Units Built in 2013, by Housing Type Housing Type Units Percent of Type SFD 71 14% SFA % MF % Total % New Housing Units Built,

6 Consistency of 2013 Housing Unit Locations with County Growth and Preservation Plan In 2004, the Planning Commission began tracking where the construction of new housing was located in relation to the county s Growth and Preservation Plan, which is part of our adopted county comprehensive plan. The plan classifies all land within the county according to one of seven categories, each with its own list of recommended land use policies. One of the goals of the plan is to guide new development, at sufficient densities, into Existing Developed Areas or Designated Growth Areas (undeveloped land where growth should be focused, usually adjacent to existing development and able to be served by public infrastructure, including sewers, water, and road improvements). The plan also recommends that development should be minimized in areas identified as Rural Resource Areas, which should retain a rural character. When development does occur in these areas it should be at lower densities, utilize land preservation guidelines and be aimed at preserving open space and natural resources. The majority of homes built in 2013 were constructed in Designated Growth and Existing Developed areas. Together these areas accounted for 92% of new housing units built in This means that 8% of the units were built in Rural Resource Areas or Proposed Open Space. That percentage is a bit higher than what we would like to see. The County Comprehensive Plan recommends no more than 5% of new units be built in Rural Resource Areas and no units be built in Proposed Open Space areas. HOUSING UNITS BUILT BY GROWTH AND PRESERVATION PLAN CATEGORY Category Single-Family Detached Single-Family Attached Multifamily Total Percent of Total Designated Growth Areas % Existing Suburban Development % Existing Rural Development % Rural Resources Areas % Proposed Open Space % Existing Preserved Open Space % Preserved Farmland % Note: Mobile homes were not included in this analysis New single-family detached units in Designated Growth and Existing Suburban Developed areas are recommended at densities that exceed one unit per acre. Generally, the median lot size for single-family detached homes in these areas were well above this density, with 40 of the new units (10.6%) constructed on larger lots. The chart below shows the median lot sizes and living areas for single-family detached units in each of the Growth and Preservation categories. SINGLE-FAMILY DETACHED HOUSING BY GROWTH AND PRESERVATION PLAN CATEGORY Median Lot Size (Square Feet) Median Living Area (Square Feet) Designated Growth Areas 10,000 2,784 Existing Suburban Development 20,004 2,796 Existing Rural Development 52,800 2,762 Rural Resources Areas 28,082 3,619 Proposed Open Space 21,877 3,667 6

7 Glossary Average The arithmetic mean of a series of numbers. Equals the sum of all numbers divided by the count of numbers in a series. Median The median is the exact middle of a distribution of numbers. Fifty percent of the sample has higher values and fifty percent lower. Age Restricted Units Typically refers to housing developments where all residents are 55 years of age or older or developments where at least one person (per household) who is age 55 or older lives in at least 80% of the development s occupied units. SFD Single-Family Detached homes are stand-alone dwelling units not attached to any other dwelling unit. SFA Single-Family Attached homes include rowhomes, 3-4 unit homes, twins and townhouses, provided these units are attached to other units and are separated by one or more walls extending from ground to roof. MF Multifamily developments include many rental apartments and condominiums. They are usually comprised of buildings having two or more units with entrances that share a common hallway. MH Mobile Homes are produced in a factory and shipped to a site. Newer models are typically designed for permanent occupancy and are attached to a permanent foundation or other anchoring. Mobile Homes are not subject to local building codes, but instead are subject to a less stringent federal code under the Department of Housing and Urban Development. Modular homes, though factory produced, conform to local building codes and are not included in this category. 7

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