VOLUME: 5 ISSUE: 1 QUARTER 1 2020 JAN-MAR
INTRODUCTION
Construction Quarterly is a publication of the Berkeley-Charleston-Dorchester Council of Governments. It is designed to provide a detailed analysis of construction trends in the region. While we make every effort to collect all available data, if we were unable to obtain information from a jurisdiction those fields will reflect zero permits. We offer three methods to evaluate change. The last five quarters are shown, allowing a comparison between last quarter and the same quarter last year. In most categories, the current quarter is also compared with the average of the previous four quarters . We hope you find this report useful and welcome your feedback.
ALL NEW CONSTRUCTION The number of building permits issued for all new construction in the region in the first quarter of 2020 increased by about 60.3% from the fourth quarter of 2019. The construction permit values also increased by about 53.7% from previous the quarter. Year-over-year values decreased by about 1.9% and the number of permits issued increased by 16.9%. New permit values for the first quarter of 2020 were 15.6% above the average of the previous four quarters while the number of permits issued were about 31.4% above the average. A breakdown of these permits can be found in the chart below and a map of these permits can be found on page 16. ALL NEW CONSTRUCTION BY JURISDICTION JURISDICTION UNINCORPORATED BERKELEY COUNTY BONNEAU CITY OF CHARLESTON GOOSE CREEK HANAHAN JAMESTOWN MONCKS CORNER NORTH CHARLESTON ST. STEPHEN SUMMERVILLE TOTAL BERKELEY COUNTY UNINCORPORATED CHARLESTON COUNTY AWENDAW CITY OF CHARLESTON FOLLY BEACH HOLLYWOOD ISLE OF PALMS JAMES ISLAND KIAWAH ISLAND LINCOLNVILLE MCCLELLANVILLE MEGGETT MOUNT PLEASANT NORTH CHARLESTON RAVENEL ROCKVILLE SEABROOK ISLAND SULLIVANS ISLAND SUMMERVILLE TOTAL CHARLESTON COUNTY UNINCORPORATED DORCHESTER COUNTY HARLEYVILLE NORTH CHARLESTON REEVESVILLE RIDGEVILLE ST. GEORGE SUMMERVILLE TOTAL DORCHESTER COUNTY REGION TOTALS
# 343 0 58 95 20 0 57 0 0 4 577 97 2 247 9 9 5 6 17 6 3 3 219 63 6 0 4 4 21 721 86 0 100 0 0 1 32 219 1,517
2019:Q1
$ $182,396,987 $0 $23,769,791 $14,284,113 $9,834,776 $0 $18,152,362 $0 $0 $9,186,581 $257,624,610 $42,070,828 $853,964 $83,482,392 $4,336,340 $4,250,187 $17,834,734 $2,281,057 $65,341,130 $1,839,039 $1,192,700 $1,851,286 $86,771,314 $144,574,529 $2,092,667 $0 $2,603,073 $4,575,002 $4,642,069 $470,592,311 $37,344,108 $0 $72,346,232 $0 $0 $121,936 $13,242,690 $123,054,966 $851,271,887
# 311 0 44 91 14 0 58 0 1 14 533 136 4 211 10 12 8 8 13 6 0 6 164 67 3 0 4 5 20 677 140 0 36 0 0 0 36 212 1,422
2019:Q2
$ $96,387,281 $0 $19,174,276 $15,205,166 $4,243,058 $0 $20,779,555 $0 $350,000 $5,531,400 $161,670,736 $63,425,304 $2,585,484 $176,208,191 $5,423,111 $3,190,892 $65,476,980 $2,094,490 $22,950,866 $1,860,147 $0 $2,617,719 $74,045,583 $90,220,002 $969,114 $0 $3,054,614 $7,490,001 $4,562,605 $526,175,103 $39,277,330 $0 $6,042,486 $0 $0 $0 $18,601,246 $63,921,062 $751,766,901
# 260 0 79 101 6 0 22 0 0 4 472 36 9 238 2 11 7 4 13 7 2 6 158 98 6 0 1 3 2 603 130 0 75 0 0 0 74 279 1,354
2019:Q3
$ $103,142,094 $0 $72,430,299 $23,205,033 $4,124,190 $0 $7,504,789 $0 $0 $10,103,000 $220,509,405 $13,073,920 $6,339,696 $169,991,650 $490,000 $3,586,215 $6,924,375 $6,927,336 $20,329,053 $1,832,110 $762,372 $2,041,595 $57,265,302 $150,245,269 $3,018,296 $0 $565,000 $6,460,183 $526,000 $450,378,372 $39,309,500 $0 $11,472,092 $0 $0 $0 $23,713,325 $74,494,917 $745,382,694
# 189 0 47 42 8 0 44 0 0 11 341 44 6 210 4 5 3 5 11 0 2 1 145 95 3 0 3 4 6 259 154 0 70 0 0 1 17 507 1,107
2019:Q4
$ $114,445,052 $0 $36,272,066 $6,518,785 $5,704,475 $0 $11,671,107 $0 $0 $13,187,342 $187,798,827 $29,358,710 $2,542,938 $103,183,855 $2,691,854 $1,270,417 $3,200,000 $2,032,912 $14,638,453 $0 $937,104 $335,220 $51,842,696 $66,230,377 $1,180,537 $0 $2,171,924 $4,701,345 $1,448,060 $287,766,402 $54,555,455 $0 $8,613,483 $0 $0 $107,600 $4,903,788 $68,180,326 $543,745,555
# 411 0 45 122 27 0 20 0 0 6 631 64 4 251 4 15 8 1 10 1 2 3 175 156 6 1 4 5 22 375 265 0 88 0 0 0 18 768 1,774
2020:Q1
# $216,504,464 $0 $27,279,885 $15,939,399 $8,932,723 $0 $7,214,424 $0 $0 $7,345,980 $283,216,875 $35,934,176 $1,691,948 $166,502,253 $1,705,000 $6,096,332 $5,113,392 $519,074 $17,516,031 $140,469 $1,332,819 $1,635,568 $85,422,534 $104,452,240 $1,660,799 $309,709 $3,914,171 $6,315,209 $5,171,625 $445,433,349 $87,397,252 $0 $13,403,133 $0 $0 $0 $6,050,028 $106,850,413 $835,500,637