2Q24
Demographic Report
Collin
DFW New Home Starts & Closings
Source: Zonda
Key Trends
Starts: +11% YOY / -1% QOQ
Closings: -9% YOY / +1% QOQ
Starts Exceed Closings by 12 Homes
DFW Housing Market Trends
• Median and average home prices increased in the first half of 2024 as the number of listings increased over the same period in 2023
• After a solid start to the year, buyer confidence has tempered, and sales have followed
• Inventory is increasing across the DFW region as sales have slowed due to price increases
Housing Market Trends: Multi-family Market-
DFW New Home Ranking Report
ISD Ranked by Annual Closings – 2Q24
District New Home Activity
District Housing Overview by Elementary Zone
District Housing Overview
• The district has 12 actively building subdivisions
• Within AISD there are 13 future subdivisions in various stages of planning
• Of these, groundwork is underway on more than 2,700 lots within 11 subdivisions
• 75 lots were delivered in the 2nd quarter
Residential Activity
Coyote Meadows
• 780 total lots
• 400 future lots
• 372 vacant developed lots
• 8 under construction
• Section 2 (126 lots) groundwork underway
• First homes under construction first residents anticipated late 2024
January 2024
Residential Activity
Anna Ranch
• 1,071 total lots
• 882 future lots
June 2024
• 31 vacant developed lots
• 72 homes under construction
• East section with 515 lots groundwork underway
• Building 50-100 homes per year
Residential Activity
Anacapri
• 1,748 total lots
• 1,291 future lots
• 134 vacant developed lots
• 145 homes under construction
• 122 homes occupied
• Phase 1 section 2 (237 lots) groundwork underway
• 304 starts and 122 closings in the last 12 months
Anacapri Multifamily
• 600 total future units
• Groundwork Underway on first phase underway
• Anticipate first units available Summer 2025
January 2024
Residential Activity
June 2024
Leonard Trails
• 346 future lots Groundwork underway
• Groundwork nearing completion
• First Homes anticipated to start Spring 2025
• First residents anticipated 2025
District Multifamily Overview
• There are more than 3,200 units currently under construction including 472 single family rental units
• AISD has over 3,300 future units in the planning stages including 366 single family rental units
Ten Year Forecast by Grade Level
Ten Year Forecast by Campus
Key Takeaways
After a strong start to the year, Anna ISD stayed steady in 2Q with almost 300 starts
Closes also stayed strong with the district on track to have over 1,000 closes in 2024
AISD has more than 600 homes currently in inventory with more than 1,300 additional lots available to build on
Groundwork is underway on more than 2,700 lots within 11 subdivisions
Anna ISD is forecasted to enroll more than 9,100 students by 2028/29 and over 13,600 students by 2033/34
The Year Ahead- 2024/25