Month saw $7.6 million worth of construction
Putnam County – August saw 38 construction permits for $7.6 million worth of construction.
Nineteen of those permits were for single-family, residential homes. If you compare that to Aug. of last year, 2022 had 31 permits for $6.7 million with 23 single-family homes. The average price of newly permitted homes in Aug. was $318,700 compared to 2022 when that price was $269,608.
Here are the numbers for prior years as a comparison:
2021 | 2022 | 2023 | ||||
Permits | Total Amount | Permits | Total Amount | Permits | Total Amount | |
January | 21 | 6,259,335 | 28 | 8,516,500 | 20 | 4,990,900 |
February | 14 | 1,794,700 | 39 | 7,960,443 | 37 | 6,653,700 |
March | 52 | 11,445,470 | 30 | 6,355,500 | 34 | 8,705,474 |
April | 40 | 6,648,166 | 46 | 9,177,568 | 35 | 6,924,500 |
May | 32 | 4,588,000 | 39 | 6,575,375 | 40 | 7,075,300 |
June | 26 | 3,848,100 | 51 | 15,624,742 | 36 | 5,922,400 |
July | 26 | 3,306,000 | 41 | 9,911,325 | 36 | 8,456,000 |
August | 26 | 4,066,823 | 31 | 6,679,000 | 38 | 7,570,900 |
September | 49 | 8,220,500 | 30 | 7,751,000 | ||
October | 38 | 7,145,878 | 39 | 5,533,500 | ||
November | 35 | 7,481,500 | 22 | 5,041,000 | ||
December | 29 | 5,023,100 | 11 | 1,215,000 | ||
TOTALS | 388 | $69,827,572 | 407 | 90,340,953 | 276 | 56,299,174 |