Spring 2014 Demographic Study - Alvin ISD PDF
Preview Spring 2014 Demographic Study - Alvin ISD
Alvin Demographic Independent Update School Spring 2014 District Learn from Yesterday… Understand Today… Plan for Tomorrow Economic Conditions • Texas has had a job growth of 31.5 percent since 1995. Almost triple the nationwide growth of 12 percent. ( ) City Journal – Winter 2013 • Texas has created more than 270 thousand non-farm jobs in the last 12 months. ( ) Texas Comptroller’s Office • The state's unemployment rate has been at or below the national rate for 7 consecutive years. ( ) Texas Comptroller’s Office • In 2011, Houston became the 5th largest MSA in the country behind DFW, ( ) Chicago, LA and NYC City Journal – Winter 2013 • Unemployment rates - Texas Labor Market Information (December 2013) - U.S. 6.5% - Texas 5.6% - Houston MSA 5.5% - Brazoria County 6.2% • Houston MSA builders put up 6,141 new homes in the last quarter, a 10 percent increase year over year. ( ) Metrostudy • Texas sales tax collections have increased for 47 consecutive months (Year- ) boosted by strong business spending in the oil/natural gas and over-year manufacturing sectors ( ) Texas Comptroller 2 National Economic Overview Texas has 4 of the top 10 fastest growing MSAs!� 1. Austin-Round Rock-San Marcos TX 2. Houston-Sugar Land-Baytown, TX 3. Dallas-Fort Worth-Arlington, TX 4. Raleigh-Cary, NC 5. Salt Lake City, UT 6. Seattle-Tacoma-Bellvue, WA 7. Provo-Orem, UT 8. Phoenix-Mesa-Glendale, AZ 9. San Antonio-New Braunfels, TX 10. Portland-Vancouver-Hillsboro, OR-WA Source: Forbes 3 Houston Economic Overview Annualized Job Creation 3.1% (86,200 November 2013 year over year) -‐0.5% Unemployment (5.5% December 2013 year over year) Texas Oil & Gas Production 40% (Fiscal 1Q14 year over year) Average Home Price 10% ($245,000) -‐37% Existing Home Inventory (3.3 Month’s Supply) 4 Houston Housing Market Multiple Listing Service – YTD SFD Activity & Inventory Dec-13 %Change YTD Sales 80,826 20% Average Price 245,000 10% Median Price 179,600 9% Listings 20,623 -24% DOM 77 -12% Monthly Supply 3.3 -37% Source: Texas A&M Real Estate Center for NTREIS 5 Houston Housing Market Annual Starts and Closings 28,233 Source: Metrostudy 6 Houston New Home Ranking Report ISD Ranked by Annual Closings – 4Q13 Rank District Name Annual Starts Annual Closings VDL Future 1 Katy ISD 3,760 3,544 3,203 4,450 2 Cypress-‐Fairbanks ISD 3,062 3,057 3,427 6,242 3 Fort Bend ISD 3,102 2,914 3,043 5,508 4 Houston ISD 3,326 2,543 2,811 3,194 5 Conroe ISD 2,213 1,950 2,931 3,892 6 Lamar CISD 1,978 1,741 2,395 3,431 7 Klein ISD 1,700 1,591 1,908 4,332 8 Humble ISD 1,349 1,264 1,918 4,373 9 Tomball ISD 1,104 1,158 2,017 2,001 10 Clear Creek ISD 735 663 1,176 707 11 Alvin ISD 667 660 1,337 3,493 12 Spring ISD 523 472 1,135 2,929 13 New Caney ISD 538 436 656 2,204 14 Aldine ISD 373 399 1,509 3,724 15 Magnolia ISD 480 361 817 2,301 16 Pasadena ISD 271 301 388 371 17 Dickinson ISD 333 293 591 573 18 Spring Branch ISD 355 291 394 623 19 Goose Creek ISD 297 291 870 367 20 Montgomery ISD 368 270 717 1,761 21 Friendswood ISD 166 162 211 472 22 Pearland ISD 180 148 182 852 23 Barbers Hill ISD 125 137 377 55 24 Sheldon ISD 117 118 529 2,534 25 Waller ISD 171 117 394 229 Totals 28,233 25,627 38,663 70,323 7 New Housing Activity Alvin ISD Housing Activity 600 Starts Closings Inventory 500 400 300 200 100 0 Starts 2009 2010 2011 2012 2013 Closings 2009 2010 2011 2012 2013 1Q 117 182 136 195 143 1Q 173 145 116 178 178 2Q 145 165 186 204 186 2Q 188 163 189 200 168 3Q 148 196 181 204 174 3Q 195 211 199 193 159 4Q 160 147 172 151 164 4Q 189 163 203 182 155 Total 570 690 675 754 667 Total 745 682 707 753 660 • 4Q13 starts are up 8.6% over 4Q12 • Closings for 2013 are down from 2012 but keeping close pace with starts 8 Annual Closing Distribution 4Q13 DUKE LONGFELLOW Top 10 Subdivisions -‐ 4Q13 (Ranked by Annual Closings) Annual Quarter Annual Quarter Rank Subdivision Starts Starts Closings Closings 1 Southern Trails 113 23 139 34 2 Savannah 125 28 111 35 3 Sterling Lakes 117 32 104 18 4 Southfork 44 11 76 11 5 Sedona Lakes 40 12 50 3 6 Lakeland 64 10 39 16 7 Rodeo Palms 12 0 35 2 8 Shadow Creek Ranch -‐ Wilder 2 0 27 0 9 Kendall Lakes 46 13 24 10 10 Southlake 44 19 14 14 TOTALS 607 148 619 143 9 Vacant Developed Lots 4Q13 DUKE LONGFELLOW Top 10 Subdivisions -‐ 4Q13 (Ranked by remaining VDL) Rank Subdivision VDL Future 1 Rodeo Palms 248 637 2 Southern Trails 173 54 3 Cold River Ranch 157 0 4 Southlake 123 93 6 Savannah 104 129 5 Sterling Lakes 90 2,280 8 Forest Heights 64 236 7 North Pointe Trails 60 0 9 Sedona Lakes 50 0 10 Mustang Crossing 42 0 TOTALS 1,111 3,429 10
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