2017 Local Leaders

The hottest markets for home building, and the top builders in each. Here's our annual list of the country’s 50 largest new-home markets.



The latest Local Leaders list—the much-anticipated ranking of the top 50 new-home markets ranked by closings—is out. And there have been changes. The new No. 1 new-home market is Dallas, which surpassed Houston in 2016, as predicted here last year. Houston is now No. 2. The next swap in the top five is the Washington D.C. metro area, which slipped to No. 6 as Austin supplanted it in the No. 5 spot. Orlando moved up from No. 9 to No. 7, pushing Charlotte to No. 8. In the rest of the top-20, Miami moved from No. 18 last year to No. 11 this year, while Seattle fell from No. 11 to No. 15. Tampa landed at No. 14, dispatching Riverside/San Bernardino to No. 16. Las Vegas, last year’s No. 15, slipped to No. 18, and Los Angeles, No. 16 last year, dropped to No. 17. And Jacksonville replaced Chicago at No. 20. The list includes the total number of closings and the top 10 builders in each market, ranked by their 2016 closings and market share.




* Percentage of Market Share Captured By The Top 10 Builders In Each Market In 2016
** The top 10 builders in the market have more than 100 percent market share, but how is that possible? Metrostudy, which collects Local Leaders data for BUILDER, measures each market by building permits pulled over the previous 12 months, and the builders within each market by how many closings they have from the previous year. So builders in this market are selling and closing more units of inventory than they are pulling building permits for new units they plan to build. The slowdown in permits pulled across the country is another symptom of the downturn, as builders slow their production schedules.

The Top 50 markets in the U.S.

Market Ranking
Market
Top 10 Market Share 2016*
1 Dallas-Fort Worth-Arlington, TX 48.5%
2 Houston-The Woodlands-Sugar Land, TX 53.8%
3 Atlanta-Sandy Springs-Roswell, GA 48.6%
4 Phoenix-Mesa-Scottsdale, AZ 55.5%
5 Austin/Round Rock, Texas 60.2%
6 Washington-Arlington-Alexandria, DC-VA-MD-WV 65.1%
7 Orlando-Kissimmee-Sanford, FL 67.2%
8 Charlotte-Concord-Gastonia, NC-SC 69.1%
9 San Antonio-New Braunfels, TX 65.1%
10 New York-Newark-Jersey City, NY-NJ-PA 31.9%
11 Miami-Fort Lauderdale-West Palm Beach, FL 68.0%
12 Denver-Aurora-Lakewood, CO 65.8%
13 Nashville-Davidson--Murfreesboro--Franklin, TN 41.4%
14 Tampa-St. Petersburg-Clearwater, FL 72.8%
15 Seattle-Tacoma-Bellevue, WA 42.3%
16 Riverside-San Bernardino-Ontario, CA 80.9%
17 Los Angeles-Long Beach-Anaheim, CA 54.6%
18 Las Vegas-Henderson-Paradise, NV 84.5%
19 Raleigh, NC 49.9%
20 Jacksonville, Fla. 86.5%
21 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 54.7%
22 San Francisco-Oakland-Hayward, CA 59.0%
23 Chicago-Naperville-Elgin, IL-IN-WI 59.1%
24 Portland-Vancouver-Hillsboro, OR-WA 55.7%
25 Minneapolis/St. Paul/Bloomington, Minn./Wis. 53.2%
26 Indianapolis-Carmel-Anderson, IN 82.6%
27 North Port-Sarasota-Bradenton, FL 92.5%
28 Sacramento--Roseville--Arden-Arcade, CA 70.6%
29 Oklahoma City, Okla. 45.1%
30 Charleston/North Charleston, S.C. 77.2%
31 Boise City, ID 66.2%
32 Boston-Cambridge-Newton, MA-NH 21.5%
33 Baltimore-Columbia-Towson, MD 81.1%
34 Kansas City, Mo./Kan. 28.2%
35 Salt Lake City 54.7%
36 Cape Coral-Fort Myers, FL 86.8%
37 Greenville-Anderson-Mauldin, SC 57.3%
38 St. Louis, Mo./Ill. 61.2%
39 Detroit-Warren-Dearborn, MI 59.9%
40 Columbus, Ohio 81.5%
41 Provo-Orem, UT 59.8%
42 Columbia, SC 92.0%
43 Naples-Immokalee-Marco Island, FL 89.7%
44 Richmond, VA 68.1%
45 Virginia Beach-Norfolk-Newport News, VA-NC 54.8%
46 Colorado Springs, Colo. 79.4%
47 Lakeland-Winter Haven, FL 86.5%
48 San Diego-Carlsbad, CA 73.1%
49 Greeley, CO 76.9%
50 Durham-Chapel Hill, NC 54.1%
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