Numbers down from a record setting 2022 July
Putnam County – July construction numbers are continuing at a strong pace according to information released by Putnam County Mayor Randy Porter. The month was still lower than this time last year, but “July was a record month,” according to Porter.
July 2023 saw 36 permits worth $8.4 million worth of construction and 23 of those were for new single-family residential homes. That is in comparison to the same month in 2022 when 41 permits were issued worth $9.9 million with 28 single family dwellings.
“Average price of the new homes permitted in July was $339,000 compared to July 2022 of $355,000, so down slightly,” said Porter. “Looking at the data on a calendar year basis, if 2023 continues at its same pace for the rest of the year, we could get close to last year’s record. Only time will tell.”
Here are the numbers for prior years as a comparison:
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Numbers provided by Putnam County Mayor Randy Porter.
Image by jannoon028 on Freepik.