GITNUX MARKETDATA REPORT 2024
House Construction Duration Statistics
The average duration from start to completion for house construction projects is typically around 6-8 months, but can vary greatly depending on the size and complexity of the project.
In this post, we explore the intricate timeline of house construction, shedding light on the average duration and key factors influencing the process. From the time taken to build a single-family house to regional variations and industry insights, we delve into the statistics that shape the home construction landscape.
Statistic 1
"The average time taken to build a single-family house is approximately 7.5 months, according to a 2019 survey."
Statistic 2
"4.5 months of the 7.5 months are spent in actual construction, with the rest dedicated to permits and planning processes."
Statistic 3
"In 2019, homes built-for-sale took the shortest time of four months from obtaining building permits to completion."
Statistic 4
"The duration of construction of a house varies by region, with the Middle Atlantic division of the U.S. taking the longest (10.3 months)."
Statistic 5
"Building a custom house can take 10 to 16 months, including planning and designing process."
Statistic 6
"For spec houses built by developers, the construction time is typically shorter, around 6 months."
Statistic 7
"About 68% of home construction projects exceed their timeline, according to a 2020 study."
Statistic 8
"Weather delays can add 21 days on average to a construction schedule."
Statistic 9
"The construction of a green home might take up to 7% longer than traditional houses."
Statistic 10
"The average home size in 2019 was 2,301 square feet which typically takes around 7 months to build."
Statistic 11
"Pre-manufactured, modular homes can be built in as little as 2 months."
Statistic 12
"The construction of skyscrapers takes much longer, the tallest residential building in the world, Central Park Tower, took around 6 years to complete from 2014 to 2020."
Jannik Lindner
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