Mark Taylor
[email protected]
The County Economic Research Institute (CERI) has released building permit and home sales indicator reports that show economic conditions are improving in Johnson County.
According to the April non-residential building permit report, 33 permits were issued between January and April.
The permits were issued for new non-residential construction of any value and additions valued at more than $250,000.
The non-residential permits total $120 million in value, which represents an 81 percent increase over the first four months of 2011.
The permits were issued Bonner Springs (one), Leawood (two), Lenexa (two), Merriam (two), Mission (two), Olathe (eight), Overland Park (nine), Prairie Village (two), Shawnee (four), and Spring Hill (one).
CERI’s May indicator reports show that 1,542 homes were sold during the first quarter of 2012.
That is a 25.4 percent increase over the number of homes that were sold during the first quarter of 2011.
Similarly, 243 building permits were issued for single family homes in the first quarter of 2012.
That is a 46 percent increase over the number of single family permits issued in the first quarter of 2011.
The average number of single family building permits issued during the same time period over the past five years is 234.