May 2024 Residential Statistics Report
YTD SF Permits Up, But Down from Historical Average
With 1,744 single-family permits issued between Jan. 1 and May 31, the total number of permits issued year-to-date is up compared to 2023, when only 1,514 SF permits were issued. However, when compared to the last five years of permit data, single-family permits are down 15 percent, according to statistics compiled by the Home Builders Association of Greater Kansas City (KCHBA).
Since January 2023, 98 builders have pulled permits in KCMO. Of those builders, only 12 have pulled permits under the 2021 IECC code, which went into effect in September 2023. This equates to an 88 percent decrease in builder activity. In May, just 16 permits were issued in KCMO — a low not seen in the last five years.
The top five permitting cities in May were Lee’s Summit (49), Overland Park (34), Spring Hill (28), Olathe (27) and Blue Springs (23).
Click here to view the May 2024 Residential Statistics Report.